Digital Assets

Binance Secures Regulatory License in Kazakhstan for Crypto Trading

October 2, 2024 Bitcoin.com

AFSA

Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian. Kazakhstan becomes the first Central Asian country where Binance has regulatory approval, positioning it as a key fintech hub. Binance […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Robinhood Crypto Launches Crypto Transfers for European Users

October 2, 2024 Bitcoin.com

Bitcoin

Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Dormant Bitcoin Wallets Moved $257M in Vintage BTC in September

October 1, 2024 Bitcoin.com

Bitcoin

With September now behind us, some surprisingly old bitcoins moved last month—250 BTC from January and February 2009 were spent for the first time in nearly 16 years. Over the course of the month, a total of 4,066.81 BTC from dormant bitcoin addresses, created between 2009 and 2017, were transferred. At current exchange rates, these […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Bitcoin ETFs Surge Ahead With $61.3M Inflows, Ethereum ETFs Struggle

October 1, 2024 Bitcoin.com

Bitcoin ETFs

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $822,290 during the trading session. Bitcoin ETFs Pull in Millions, Ethereum Funds Post Losses The spotlight was on bitcoin ETFs, which gathered $61.3 million […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Japan to Review Crypto Regulations, Potentially Easing Tax Burden

October 1, 2024 Bitcoin.com

Bitbank

Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection. The review may lead to reclassifying crypto as financial instruments under Japan’s investment law, which could enhance safeguards and bring […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Binance Confirms Access Restrictions on Sanctioned Russian Users

October 1, 2024 Bitcoin.com

Binance

Crypto exchange Binance says it is complying with international sanctions by denying sanctioned Russian individuals and entities access to its platform. “Compliance remains our top priority. We are deeply committed to our users and maintaining their trust in our platform. We constantly invest in our teams and systems to protect our users,” Binance claimed. Binance […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

FCA Secures First Conviction for Illegal Crypto ATM Operation in UK

October 1, 2024 Bitcoin.com

ATM

Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions in cryptocurrency transactions. This case represents the first conviction of its type under the UK’s anti-money laundering laws. UK’s First Illegal Crypto ATM Conviction Unveiled […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil

September 30, 2024 Bitcoin.com

Bitcoin

Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes

September 30, 2024 Bitcoin.com

AFM

The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams

September 30, 2024 Bitcoin.com

bitcoin.com

Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has […]

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Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase