Binance launched "Send Cash" to transfer crypto from Binance Pay in nine Latin American countries — link
The Block
Binance launches Send Cash in Latin America
Binance launched a new platform to transfer crypto from Binance Pay called Send Cash in nine Latin American countries.
Crypto bank SEBA obtains approval-in-principle in Hong Kong for crypto-related services — link
The Block
Crypto bank SEBA obtains approval-in-principle in Hong Kong for crypto-related services
The Switzerland-headquartered crypto bank is expected to be licensed in Hong Kong to deal in securities, including crypto-related products, the company said today.
Binance Japan plans to triple number of listed tokens to 100 — link
The Block
Binance Japan plans to triple number of listed tokens to 100: Bloomberg
Binance Japan added that it plans to work with other local crypto exchanges to ensure better liquidity, local media reported.
USDC's supply dominance on Ethereum has slid from 45% earlier in 2023 to <33% now. Its supply has slipped from over 41 billion before the depeg to just 24 billion this month as burns continue to outpace mints — link
$BITO traded over $800m worth of shares yesterday, most since its famous Day One billion dollars — link
Middle of October are the next major days to watch (namely October 7th and 16th) regarding spot Bitcoin ETF filings — link
Robinhood to buy back Bankman-Fried's stake for $605.7 million from U.S. government — link
CNBC
Robinhood to buy back Bankman-Fried's stake for $605.7 million from U.S. government
The shares of Robinhood were seized and transferred to the custody of the U.S. government after FTX and Emergent filed for bankruptcy protection last year.
Travel Rule regulation comes into force in the UK for crypto asset firms — link
The Block
Travel Rule regulation comes into force in the UK for crypto asset firms
Crypto asset firms in the UK are now required to comply with the Financial Action Task Force's Travel Rule.
Gemini tries to line up other creditors in new Genesis bankruptcy plan -The Information — link
Reuters
Gemini tries to line up other creditors in new Genesis bankruptcy plan, The Information reports
Cryptocurrency exchange Gemini is trying to rally other creditors behind a plan to wring more money out of bankrupt crypto lending firm Genesis' parent company, Digital Currency Group (DCG), The Information reported on Friday.
Digital asset investment product flows cooled off, with relatively minor outflows totalling $11.2m. This run of negative sentiment over the last 7 weeks now totals $342m — link
Crypto exchange Bitfinex holds bitcoin on its balance sheet — link
The Block
Crypto exchange Bitfinex holds bitcoin on its balance sheet
Crypto exchange Bitfinex holds bitcoin on its balance sheet, a source with direct knowledge of the matter told The Block.
Coinbase increases bond buyback program to $180 million — link
The Block
Coinbase increases bond buyback program to $180 million
Coinbase's offer to buy back bonds from investors has swung from generating limited interest to more than previously hoped.
Grayscale urges U.S. SEC to approve spot Bitcoin ETF following court victory — link
Reuters
Grayscale urges U.S. SEC to approve spot bitcoin ETF following court victory
Grayscale Investments on Tuesday urged the U.S. Securities and Exchange Commission (SEC) to quickly approve its proposed exchange-traded fund that would track bitcoin, following the crypto asset manager's court victory against the agency.
Binance currently has more than 380 assets trading on the exchange, but many of them are illiquid.
The lion's share of trade volume remains concentrated within the top 10 altcoins — link
The lion's share of trade volume remains concentrated within the top 10 altcoins — link
Ex-Celsius CEO Mashinsky's assets ordered frozen by court as DOJ case continues — link
Coindesk
Ex-Celsius CEO Mashinsky's Assets Ordered Frozen by Court as DOJ Case Continues
Corporate bank accounts and a Texas property are now untouchable after the former executive’s July arrest.