Oct 6 — Crypto rules ease, Bitcoin steady, Blast L2 shuts down
from QuantAlpha Digital Asset Update
• Treasury scrapped unhosted wallet and mixer surveillance rules, and the CFTC joined the SEC on crypto rulemaking — easing compliance fears though spot-market oversight gaps remain. • Bitcoin held its uptrend, touching $86,600 in Asian trading after its best Q3 since 2017 — showing momentum despite weak jobs data and rising yields. • Paradigm-backed Blast L2 said it will wind down by Oct 26 as costs outpace revenue — raising questions about layer-2 business models and fragmentation.
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