A flurry of regulatory and political developments defined the global crypto landscape this past week. With a government shutdown nearing resolution, markets anticipate a potential boost to crypto prices while grappling with lingering uncertainty from a prolonged shutdown that has impacted financial markets. The U.S. Senate’s breakthrough on funding will be crucial for investor confidence. Our roundup highlights key events and insights: 1) The government shutdown has created market volatility, impacting Bitcoin prices significantly. However, analysts predict a resolution could lead to an increase in market confidence. This week’s developments include the U.S. Senate reaching a deal on funding, driving optimism for a return to normalcy; 2) Ethereum’s “Trustless Manifesto” reaffirming decentralized principles and warning against convenience-driven shortcuts; 3) Crypto ETFs: A surge in investor interest for stablecoin-based investment products, particularly in the US; 4) Stablecoin regulation continues to evolve. Singapore’s MAS outlines stricter rules regarding unregulated stablecoins while Japan investigates crypto holdings by publicly traded companies; 5) The U.S. Senate Agriculture Committee unveils a bill clarifying crypto market oversight; and 6) The Bank of England introduces stringent regulations for stablecoins, requiring issuers to back liabilities with central bank deposits and government debt; The week saw a flurry of activity from major players in the industry as well: 7) Mastercard and Thunes partner to enable real-time stablecoin payouts. This collaboration will expedite international payments via regulated channels. Stay tuned for our next market roundup!