Not sure who needs to hear this but burning @standard_rsv banks was part of the plan even before the launch. 179 charters have been burned so far and I expect this number to go higher as more and more banks become dormant. If you didn’t read, that’s your problem. No crying in the casino.

🟢 BERITA TERKINI: Korea Selatan siapkan aturan keamanan siber lebih ketat untuk bank dan exchange crypto setelah rentetan serangan —————— Pemeriksaan FSC menemukan celah keamanan di 130 dari 555 perusahaan keuangan, dengan sekitar 100 ribu data nasabah bocor, termasuk di operator exchange Gopax. Ke depan, lembaga keuangan besar wajib menjalani uji kerentanan minimal dua kali setahun.

🚨 #OCC Confirms Crypto Debanking Policies The OCC found that nine major #banks had policies discouraging crypto-sector #banking services between 2020 and September 2025, following a #supervisory review. 🔗 Full story in comments

Banks don't build on broken technology. They don't partner with companies that aren't going to win. 300+ institutions is due diligence, not marketing.

Financial Banks: ✅Colluding ✅Debanking ✅ $1.2 billion penalty to BofA for money laundering 👉 Monopolistic Cartel behavior towards blockchain and stablecoin yields to holders. These banks do everything to enrich themselves as the middleman and give no yield to account holders.

$JPM $XLF $KBE #JPMorgan #Banks #Risk #PrivateCredit #Geopolitics #Cybersecurity #JamieDimon JPMorgan's April letter ranks its risks: geopolitics "first and foremost," then deficits, "high asset prices and very low credit spreads," trade, US–China, private credit and cyber, "one of our biggest risks." Its capital section adds that "many asset prices, including bank stocks, are fully valued." Every risk on the list sits outside the company. None lists as a risk the one the price carries, whether a 20% return is the product of those conditions or of the franchise, though the CFO and chairman describe it as a condition and the unraised 17% target prices it. The record settles it: a calendar year below 13% with unemployment under 5% would say conditions; two years at 20% or better with card losses back at 3.5%, franchise.

Did you extend your 2025 tax return? Time is officially up on October 15th. This is the absolute final cutoff for taxpayers who filed a 6-month extension back in April. If you hold a complex digital asset portfolio, a solo practice, or offshore entities, missing this deadline triggers immediate failure-to-file penalties, which accrue at a punishing 5% per month. An extension to file is not an extension to pay. If you owe a balance from 2025, you are already accruing interest. Get the return filed immediately to stop the 5% monthly failure-to-file penalty from compounding on top of it. This is the final year before sweeping new Form 1099-DA broker reporting takes effect. If your 2025 decentralized finance (DeFi) trades, staking rewards, or self-custody transfers are a mess, this is your last chance to cleanly reconcile them before the IRS unleashes automated data matching next year. Cost basis for covered assets will be reported starting with January's 1099-DA forms from brokers. Hope everyone has a clean finish to the October 15th deadline.