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Skip to main contentCrypto NewsOct 20, 2026, 8:40 a.m. EDT1 min readWall Street signs (Lo Lo/Unsplash)SummaryMicrosoft, Alphabet and Goldman Sachs are among seven additional companies objecting to tokenized versions of their shares trading on OKXICE, bringing the disclosed total to 16 issuers. The objections underscore a challenge for the Securities and Exchange Commission’s tokenized-stock framework, which allows issuers to block venues from offering blockchain-based versions of their shares. OKXICE plans to offer round-the-clock, stablecoin-settled trading of tokens backed one-for-one by shares and carrying equivalent dividend and voting rights. Microsoft MSFT, Alphabet (GOOG, GOOGL) and Goldman Sachs (GS) have objected to having tokenized versions of their shares traded on OKXICE, adding to issuer resistance against the planned stock-trading venue from crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE). The companies appear among seven additional objecting issuers in the joint venture’s updated public notice dated Oct. 19. Qualcomm (QCOM), Caterpillar (CAT), McDonald’s (MCD) and Western Digital (WDC) also joined the list.

The April 1 hack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation. A wallet linked to the Drift Protocol hack sent about $61 million in Ether (ETH) to Tornado Cash, a service that obscures transaction trails. The wallet deposited 25,700 ETH to the cryptocurrency mixer over two hours on Tuesday after two months of inactivity, blockchain analytics platform Lookonchain said in an X post. The exploiter’s addresses held about 81,454 Ether, worth roughly $194 million, according to Arkham. Crypto mixers pool funds from multiple addresses and obscure fund trails, making tracing harder. Drift, a Solana-based decentralized exchange, reported about $295 million in losses from the April 1 hack. Drift said in June that a forensic investigation by cybersecurity firm Mandiant attributed the attack to UNC6862, a North Korean threat group. Drift opened claims and redemptions for DFX recovery tokens on Oct. 1. The tokens give affected users a claim on a recovery pool, which held about $3.1 million at launch and receives exchange revenue and any recovered funds.

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Real-world asset (RWA) platform tx has launched USTX, a dollar stablecoin for its wallet and planned marketplace for tokenized stocks. Users will need USDC to mint USTX, which can also be redeemed for USDC, the company said in a Tuesday announcement shared with Cointelegraph. The platform accepts deposits from eight blockchains, including Ethereum, Solana and Base. “It is not a USDC-backed wrapper or synthetic representation of USDC,” Ashley Ebersole, tx’s co-founder and chief legal officer, told Cointelegraph. USDC provides a way to mint USTX, which has its own 1:1 reserve structure through Brale, he said. Fintech platform Brale issues USTX, manages its reserves and facilitates minting and redemption. According to tx, each token is backed by $1 in assets, including cash, bank deposits, government money market funds and short-term US Treasury bills. Brale said in June that it was working with Visa to improve the speed and programmability of blockchain-based stablecoin settlement in environments where privacy, compliance, and operational control are essential.

Some of the biggest banks in the United Kingdom are facing fresh scrutiny over cryptocurrency transfer restrictions after thousands of customers reported difficulties moving money to crypto platforms. Crypto advocacy group Stand With Crypto said 9,803 people submitted 10,092 complaints to UK banks over restrictions on transfers to crypto platforms during a 90-day period between May and August 2026. The complaints were submitted through the group’s online tool, according to a report reviewed by Cointelegraph on Tuesday. Lloyds Banking Group, one of the UK’s largest banking groups, received the most complaints at 2,297, followed by Barclays with 1,569 and NatWest Group with 1,278, the report found. The complaints raise questions about access to crypto services in the UK as the country prepares to introduce a new regulatory regime for digital assets in 2027. UK banks differ on crypto transfer limitsBarclays and HSBC UK were listed as limiting crypto transfers to 2,500 British pounds ($3,300) per transaction and 10,000 pounds ($13,300) over 30 days. Six banks, including Starling Bank, TSB and Chase UK, were listed as banning crypto-related transfers entirely.