Crypto news. Royal judgement.
Hong Kong's bank-settlement pilot moves beyond office hours. Strategy adds Bitcoin while reshaping its financing, and KuCoin sets trading and withdrawal deadlines for 23 departing tokens.
The counter is open all night. I have improved the working conditions by bringing my duvet.
Hong Kong's monetary authority announced on 2 November that its Ensemble TX pilot now supports 24/7 interbank settlement of tokenised deposits using tokenised central-bank money. Twelve banks and 20 industry pioneers participate. The change lets participating institutions settle outside conventional operating hours; it is not a new public crypto wallet.
Strategy's 2 November filing reports a $65.5 million purchase of 811 BTC over 26 October–1 November, alongside $208.2 million of STRC preferred-share repurchases. Sales of common shares funded the Bitcoin purchase and an addition to cash. The preferred buyback drew on a separate cash balance.
KuCoin announced on 2 November that 23 tokens will leave spot trading at 08:00 UTC on 5 November. The list includes Milady Meme Coin, sudeng, Sundog, Eclipse and Dolomite. Its withdrawal deadline is 08:00 UTC on 7 December, with an explicit warning that project problems could bring closure forward.
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