Overview of Important Developments on October 2nd at Noon

1. The probability of a 25BP rate cut by the Federal Reserve in November is 63.3%;

2. The cryptocurrency organization COPA has initiated actions to stop blockchain "patent giants";

3. Bitcoin miners' revenue in September reached $815.7 million, the lowest since 2024;

4. Several people in Yunnan, China, have been sentenced for allegedly engaging in pyramid schemes by setting up online platforms to issue virtual currency;

5. The Bank of England and FCA have launched a digital securities sandbox to explore the use of DLT in financial securities;

6. Over 20 industry figures have requested a meeting this month with Harris's campaign policy team to discuss crypto policy;

7. A man in Indiana has pleaded guilty to charges of telecom fraud and money laundering, stealing over $37 million in cryptocurrency.