⏱️ State of Crypto Tonight: Your 60-second week in review • Coinbase in late-stage talks to acquire stablecoin startup BVNK for 2B. Exchange doubles down on payment infrastructure. • EU Commission drafting proposal to give ESMA SEC-like oversight over crypto exchanges. Draft expected in December. • Bybit halts new user signups in Japan starting Oct. 31 as exchange adapts to emerging regulations. Existing users unaffected. • Nigerian fintech Flutterwave building cross-border stablecoin payment system on Polygon across 34 countries. CEO says it could "10x current volumes." • MEXC apologizes to 'White Whale' trader, releases frozen 3M after admitting it "f***ed up" handling the situation. • VC predicts 65-70% Bitcoin retracement coming. "People don't understand what they're holding," says Sigma Capital CEO. • ZachXBT warns stablecoin "ticker fatigue" is real as fragmented token standards burden users and exchanges. What's your hottest take this week? 👇(Cointelegraph)