Citi has integrated its Citi Token Services with the USD Clearing blockchain platform, enabling real-time cross-border payments between banks for institutional clients in the UK and the US.
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Polkadot is considering the development of an algorithmic stablecoin named PUSD, which would be backed by DOT tokens. cointelegraph
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Binance Launches Crypto-as-a-Service Offering Targeted at Institutional Clients
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BingX Crypto & Financial News
Sanize reports that the General Listing Standards for ETFs have been established, enabling cryptocurrency ETFs to be listed via a streamlined process that does not require direct approval.
The SEC has asked issuers of ETFs for Litecoin, XRP, Solana, Cardano, and Dogecoin to withdraw their 19B-4 filings following the adoption of new general listing standards that render these applications unnecessary.
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BingX Crypto & Financial News
Kazakh President instructs National Bank to establish a State Fund for Digital Assets to build the country's strategic cryptocurrency reserves.
Kazakhstanβs Ministry of Artificial Intelligence and Digital Development has launched the Alem Crypto Fund, focusing on cryptocurrency investments. BNB is its first asset. More details are available here.
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FT's Flying Tulip crypto project has secured $200 million of a $1 billion target, with plans to raise up to $800 million through a public sale of its FT token. The funding round included investors such as Brevan Howard Digital, Coinfund, DWF Labs, Falconx, and Hypersphere.
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Coinbase has added Anoma (Xan) to its listings.
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The SEC has suspended trading in QMMM Holdings following a 959% surge prompted by its cryptocurrency treasury strategy. Bloomberg
Bloomberglaw
SEC Halts Trading in Firm That Rose 959% on Crypto Treasury Plan
The US Securities and Exchange Commission suspended trading in QMMM Holdings Ltd. after its shares surged almost 1,000% in less than three weeks, saying the digital media advertising firmβs stock may have been manipulated by touts on social media.
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Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647
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Bit Digital plans to raise $100 million through the issuance of convertible bonds. theblock.com
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BingX Crypto & Financial News
Last week, from September 22 to 26, spot Bitcoin ETFs experienced net outflows of approximately $902.50 million, while spot Ethereum ETFs saw net outflows of approximately $795.56 million.
Yesterday, spot Bitcoin ETFs saw total net inflows of approximately $518 million, while spot Ethereum ETFs attracted around $546.9 million.
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BingX Crypto & Financial News
Last week, from September 22 to 26, spot Bitcoin ETFs experienced net outflows of approximately $902.50 million, while spot Ethereum ETFs saw net outflows of approximately $795.56 million.
Yesterday, spot Bitcoin ETFs saw approximately $518 million in net inflows, while spot Ethereum ETFs attracted around $546.9 million.
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BingX Crypto & Financial News
The SEC has asked issuers of ETFs for Litecoin, XRP, Solana, Cardano, and Dogecoin to withdraw their 19B-4 filings following the adoption of new general listing standards that render these applications unnecessary.
Bloomberg analyst Eric Balchunas stated that the probability of ETF approval is effectively certain, as current listing standards mitigate the relevance of Rule 19b-4. He noted that the final step involves waiting for official approval from Corporate Finance, which has recently updated Amendments No. 4 for SOL. Investors should remain attentive to developments.
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Massachusetts to Hold Hearing on Bitcoin Reserve Legislation
The Massachusetts legislature will review a bill regarding Bitcoin reserves during an upcoming hearing. Further details can be found at CoinTelegraph.
The Massachusetts legislature will review a bill regarding Bitcoin reserves during an upcoming hearing. Further details can be found at CoinTelegraph.
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SEC Chairman Paul Atkins identified cryptocurrency as his current top priority.
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Two new wallets purchased approximately $137 million worth of ETH in the past 10 hours.
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Doublezero engaged with the SEC for four months to establish a compliant framework for token launches under U.S. regulations. As a result, 2Z is not classified as "shareholder securities," marking a significant milestone for the crypto industry.
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Turkey to empower supervisory authorities with authority to freeze cryptocurrency accounts to enhance anti-money laundering efforts. cointelegraph #regulation
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Turkey to empower regulators with authority to freeze cryptocurrency accounts to strengthen anti-money laundering measures. cointelegraph #regulation
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BingX Crypto & Financial News
Gold reaches unprecedented $3,650 per ounce, marking a new all-time high.
Gold prices reach a record high of $3,870 per ounce.
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Wisconsin lawmakers have introduced legislation that, if enacted, would exempt individuals and entities from licensing requirements for money transfers involving digital assets, including mining, staking, and exchanges.
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