Newsletter: Week 12–16 October

In the News: Week 12–16 October

This week’s feature: Bitcoin Suisse Group CEO Andrej Majcen: Crypto’s Next Era Is Wealth Management.

Stablecoins and payments

• Noah received EU approval to offer digital-asset payment services across the bloc under MiCA.
  Why it matters: Stablecoin payments are becoming licensed, EU-wide infrastructure rather than crypto experiments.
• Qivalis moved closer to launching a stablecoin after receiving EMI authorisation.
  Why it matters: Regulation, liquidity and distribution—not technology—are now the main barriers to scale.

Banks, assets and AI

• SaaScada and Zumo partnered to bring regulated digital-asset services to UK banks and wealth managers.
  Why it matters: Banks may become the main distribution channel for digital assets.
• ClearToken and Consensys partnered on 24/7 settlement.
  Why it matters: Always-on settlement could challenge traditional market infrastructure.
• The FSB published 12 sound practices for responsible AI adoption by financial institutions.
  Why it matters: Financial firms now have a clearer supervisory framework for deploying AI.
• Matters exited stealth with $5 million to build an AI-native bank.
  Why it matters: AI-native banking is attracting early capital and moving into product development.

The takeaway

The week’s theme is convergence: stablecoins are becoming regulated payment rails, banks are embedding digital assets, and AI is moving into payments execution and core banking.