Bitcoin Acceptance Expands as Regulatory Delays and Crypto Yield Trends Persist

I’m noting that Volkswagen Group Singapore has begun accepting Bitcoin as a payment option for cars, signaling continued merchant adoption of crypto in mainstream commerce. Separately, regulatory headlines remain a drag: the SEC is delaying decisions on Truth Social’s Bitcoin and Ethereum ETF, as well as XRP and Litecoin funds, which keeps crypto investment products in limbo. On the corporate finance front, Michael Saylor’s Strategy Inc. is easing some stock-sale constraints while still signaling a willingness to sell shares if it benefits the business, potentially adding nuance to Bitcoin’s market narrative.

Market pricing shows Bitcoin trading around the mid- $100k area, with a marginal 24-hour dip recently reported. In regulatory matters, South Korea plans a stablecoin regulation bill in October, aiming to tighten issuance and collateral rules as part of its broader virtual asset protections framework, which could influence stablecoin liquidity and demand in the region.

On-chain and DeFi developments remain active, with Mitosis USDT pools boasting higher APYs and SUSDE and Syrup USDC pools presenting compelling yields across major platforms. TVLs across various DeFi protocols continue to reflect ongoing capital deployment, while Binance’s Mitosis Booster campaigns highlight continued liquidity inflows into the ecosystem.