Bankrupt FTX's native FTT token has spiked by around 50% during the past day amid false rumors of upcoming credit repayments. Data from CryptoSlate shows that FTT peaked at $2.75—its highest value since March—but has slightly retraced to $2.14 as of press time.

Matrixport doubles down on expansion goals with the acquisition of Crypto Finance in Europe.

In an intriguing development, Zhu Guangyao, China's former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the significance of the industry in the digital economy and its growing mentions in global discussions. What Happened: Guangyao made these remarks at the 2024 Tsinghua Wudaokou Chief Economist Forum on Saturday, as reported by Sina News.

Taiwan's Financial Supervisory Commission (FSC) is letting professional investors get into foreign crypto ETFs, though not just everyone can.

The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024.

The lifting of Bolivia's crypto ban in June 2024 has sparked a notable increase in the country's digital asset activities, a clear indicator of the crypto trading surge after Bolivia lifted the ban. According to data from the Central Bank of Bolivia, trading volumes jumped by over 100% in the months following the policy shift.

Taiwan's financial regulator has authorized professional investors to access foreign crypto exchange-traded funds through local brokers.

As part of the deal, Max Shand, the founder and CEO of Serenade, will join Vinyl Group as an employee.

Zhu Guangyao, the former vice minister of China's Ministry of Finance, has called for a thorough examination of global cryptocurrency policy changes to enhance the country's digital economy.

Taiwan's move to allow foreign crypto asset ETFs for pro investors could enhance market diversification but also heighten regulatory scrutiny. The post Taiwan's financial watchdog greenlights foreign crypto ETFs for pro investors appeared first on Crypto Briefing.

The crypto market is starting the close week of September on a down note. The cumulative market value has dropped 2% with Bitcoin hovering around $64,500 at press time.

Bitcoin (BTC) is feeling the heat as its price slips nearly 2%, trading around $64,536. The drop follows a significant decline in Japan's Nikkei 225 index, which fell by 4.6% amid concerns over potential interest rate hikes after Shigeru Ishiba's recent electoral victory.

A malicious app disguised as WalletConnect on Google Play stole $70,000 from over 150 users in five months, marking the first instance of wallet drainers targeting mobile users exclusively.

Matrixport, a crypto financial services provider with $6 billion in assets under management, has completed its all-cash acquisition of Crypto Finance Asset Management AG, a licensed Swiss crypto asset manager previously part of the Deutsche Börse Group.

Nearly 20% of Russians have used cryptocurrency, while 66% are aware of it but lack detailed knowledge, according to a new survey.

Investor Christian Angermayer has relocated from London to Lugano, Switzerland, citing concerns over the UK's tax reforms targeting affluent residents.

Singapore-based crypto financial services platform Matrixport has bought the asset management unit of Crypto Finance AG. On Sept.

New York City Mayor Eric Adams is best known in crypto circles for being unabashedly pro-Bitcoin — even engaging in friendly rivalry with Miami counterpart Francis Suarez.

Former Chinese finance minister Zhu Guangyao calls for closer study of cryptocurrencies, citing global developments and potential economic importance.

In a recent development, the Dutch Authority for the Financial Markets has warned about the spate of investors being defrauded through pump-and-dump schemes in cryptocurrency. However, this manipulative practice will be formally prohibited by the Markets in Crypto-Assets Regulation (MiCAR) which should come into force on the 30th of December 2024.

At the recent 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, Lou Jiwei-former finance minister of China calls for caution to be taken regarding cryptocurrency development.

Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes.

Crypto social media has been inundated with FUD (fear, uncertainty, and doubt) over what some are claiming are imminent FTX distributions, but there is no need to panic.

Singapore-based Matrixport has acquired and renamed the Swiss crypto asset manager to expand its presence in Europe.

Australian music technology company, Vinyl Group, has agreed to acquire a London-based Web3 start-up specializing in digital collectables, Serenade.

Billionaire Changpeng Zhao, co-founder of Binance Holdings Ltd., made his first public statement over the weekend after being released from US custody. In a post shared on social media platform X, Zhao reiterated his commitment to investing in blockchain, artificial intelligence, and biotechnology, emphasizing his long-term vision centered on impact rather than financial returns.

In a significant move against international cybercrime, the US Department of Justice (DOJ) has seized the domains of three crypto exchanges.

The restructuring plan will see the next hearing on October 7th.

Key points:

The price of FTX Token (FTT) surged dramatically, registering a 113% rise during an intra-day high on Sunday. This sudden spike followed false rumors regarding a potential $16 billion repayment.

Collapsed crypto exchange FTX has made last-minute changes to its payout plans, setting aside only 10-25% for FTX crypto holders.

Jesse Walden, a managing partner at Variant Fund, says original cypherpunk values of crypto are likely to fade over time.

Discover the risks of cryptocurrencies for global financial stability and China's concerns regarding Bitcoin ETFs.

Singapore-based Matrixport announced its expansion into Switzerland on Monday, agreeing to acquire Crypto Finance Asset Management (CFAM). Previously, CFAM operated within the Deutsche Börse Group-owned Crypto Finance Group (CFG).

Crypto Finance AG has been renamed as Matrixport Asset Management AG (MAM).

FTX Token (FTT) recorded a massive price spike of 63% on Monday morning as the hope of repayment among investors jumps in. Almost two years since FTX's epic crash, billions lost, and Sam Bankman-Fried (SBF) behind bars, the end seems to be in sight.

After spending six months in a U.S. jail due to regulatory issues, Binance co-founder Changpeng Zhao (CZ) is back in the spotlight with a renewed focus. His first public statement following his release highlights his commitment to education, charity, and cutting-edge technology.

Another busy week lies ahead on the United States economic calendar as October, and fourth-quarter trading is about to kick off.

Franklin Templeton just weighed in on the ongoing debate in the crypto community about staking rewards. The debate is whether staking rewards, which inflate token supply, should be considered a cost to the network.

The former minister called on Beijing to study the industry in light of Republican candidate Donald Trump's comments on crypto.

A recent phishing attack has resulted in a crypto whale losing over $32 million in altcoins, marking a significant event in the DeFi sector.

Japan is struggling to balance its economy right now. Prices are climbing, and people are unable to spend much. Prime Minister Shigeru Ishiba is stepping up with a plan to raise wages that will get people to spend again.

Multiple blockchain projects, including Sui, ZetaChain, and Aptos, will unlock significant token amounts in October.

Former Binance CEO Changpeng Zhao has pledged to increase his investments in the blockchain sector after serving a four-month prison sentence in the US.

The BitRiver CEO Igor Runets is worth $230 million, a Bloomberg article has claimed. And the crypto mining chief says that Russia's growth in the sector now outpaces that of the United States.

Changpeng Zhao, the founder and former CEO of the world's biggest cryptocurrency exchange Binance, shared his reflections and plans following his release from prison after serving a four-month sentence What Happened: On Sunday, Zhao, popularly referred to as CZ, expressed gratitude for his supporters who stood by him in his “darkest moments.” “Let me chill for a bit.

An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate, manipulating Google search rankings and avoiding detection through encryption and obfuscation techniques.