Euro-zone ministers are pushing for more euro stablecoin issuance under MiCA.
Euro stablecoins account for only $620 million of $300 billion market
Ministers to discuss if regulation needs changes for euro stablecoins
Focus on balancing risk mitigation and financial innovation
U.S. macro stress & gold gains
With the U.S. government shutdown ongoing, gold surged above $3,900 and Bitcoin was buoyed as investors sought alternate stores of value. #USA
📰 Top Crypto Headlines (Oct 6, 2025)
Kremlin-backed crypto moves $6B despite U.S. sanctions
A state-aligned token called A7A5 was used in $6.1B of transactions, bypassing U.S. restrictions by destroying and re-minting supply.
Ethereum eyes $6,000 as it holds $4,290 zone
ETH is holding firm above ~$4,290, and analysts see potential for a move toward $6K, especially with institutional support.
EU watchdog to expand crypto & exchange oversight
ESMA is preparing reforms to centralize supervision of exchanges, crypto firms, clearing houses across EU states.
U.S. government shutdown could slow crypto policymaking
While a shutdown may not drastically impact crypto directly, it could delay regulatory or legislative movements in Washington around crypto.