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read.xyz crypto briefing cover art, October 22, 2026 · Evening edition

Thursday, October 22, 2026

Evening edition Crypto & Bitcoin briefing

0:00 / 3:18

Listen · 3 min 18 s

  1. Fireblocks denies Visa acquisition reports

    Fireblocks denied reports of $2.5 billion acquisition talks with Visa. Multiple sources cited by Axios claimed late-stage negotiations were underway, but Fireblocks stated the claims are not true.

    Why it matters: The denial highlights ongoing interest in crypto custody firms and the importance of verifying acquisition rumors.

    Sources: Bitcoin.com News · The Block · Crypto.news · CoinDesk · Bitcoin Magazine · Cointelegraph · BeInCrypto

  2. SoFi launches tokenized deposit with FDIC insurance and stablecoin conversion

    SoFi has launched SOFIE, a tokenized deposit offering 4.4% APY and FDIC insurance. Users can convert SOFIE tokens to SoFiUSD for crypto trading and transfers.

    Why it matters: This offering combines high yield and FDIC protection, which is uncommon for stablecoins, appealing to crypto users seeking safety and returns.

    Sources: The Block · Decrypt · Crypto.news · Cointelegraph

  3. South Korea's crypto bill nears completion as tax debate continues

    South Korea's crypto bill is nearing completion with plans to regulate exchanges and stablecoins. Lawmakers are considering delaying the 2027 crypto tax until industry rules are finalized.

    Why it matters: The developments could shape the future of crypto regulation and taxation in South Korea.

    Sources: The Block · Crypto.news · Bitcoin Magazine

  4. Bybit and Robinhood secure Dubai licenses for crypto and stock trading

    Bybit has obtained a Dubai VARA licence for spot crypto trading and is seeking derivatives approval. Robinhood has received DFSA approval to offer bitcoin, crypto, and stock trading in the Middle East starting in 2027.

    Why it matters: These licenses indicate growing regulatory acceptance of crypto and stock trading in Dubai, potentially expanding financial services in the region.

    Sources: Crypto.news · Bitcoin Magazine · BeInCrypto

  5. Ripple partners with Arf to expand RLUSD use on XRPL

    Ripple teams up with Arf to bring RLUSD settlement liquidity to XRPL. The partnership aims to support short-term financing on the XRP Ledger as the network awaits native lending approval.

    Why it matters: Licensed payment companies may gain a new source of settlement funding through this collaboration.

    Sources: Bitcoin.com News · Crypto.news

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