US Treasury Secretary Scott Bessent has lauded Singapore’s proactive stance on digital asset regulation, calling it a leading example of balancing innovation with security. Speaking at the APEC summit, Bessent highlighted Singapore’s regulatory framework as a model for fostering adoption of digital assets and US dollar stablecoins while promoting financial cooperation. Meanwhile, the Bitcoin white paper, published by Satoshi Nakamoto 17 years ago on October 31, 2008, marks a milestone for the pioneering decentralized cryptocurrency — though a challenging market has set the stage for Bitcoin’s first red October in seven years. On the corporate front, Michael Saylor, chairman of Strategy, expressed caution regarding mergers and acquisitions in the Bitcoin treasury space, citing significant uncertainties and emphasizing the company’s focus on strengthening its balance sheet and buying Bitcoin. For the full story and more updates, visit https://cointelegraph.com/news/what-happened-in-crypto-today.
