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Bitwise withdraws Bitcoin and Ethereum market cap ETF application

Bitwise was among a number of asset managers looking to launch Bitcoin spot exchange-traded funds on U.S. markets.

Bitcoin heads for red September, but analysts tip October as ‘days to watch’

While history shows September isn't usually great for Bitcoin, analysts urged investors to look to mid-October.

Bitcoin heads for red September, but analysts tip October as ‘days to watch’

While history shows September isn't usually great for Bitcoin, analysts urged investors to look to mid-October.

Ethereum staking services agree to 22% limit of all validators

The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization.

Binance Australia GM ‘really confident’ regulators will side with crypto

Ben Rose is hopeful that Binance Australia’s banking woes will be relieved by positive regulation in the future.

UK's Travel Rule comes into effect, could halt certain crypto transfers

The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain.

UK's Travel Rule comes into effect, could halt certain crypto transfers

The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain.

Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions

The price of BTC rose sharply and fell almost as fast over the past three days amid two recent events impacting pending applications for spot Bitcoin ETFs.

Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Thailand to give every citizen 10,000 Baht in crypto, Delio users unlikely to recover all funds, Vietnam is world’s No.1 country for crypto.

Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments.

Thailand may soon have a national airdrop in the works where every citizen 16 years and older will receive 10,000 Baht ($285). 

According to local news reports on August 30, Thailand’s ruling Pheu Thai party will consult the Bank of Thailand in developing a “utility type 1” token necessary for the airdrop. The solution will be a know-your-customer (KYC), blockchain-based infrastructure that sources say will take at least six months to roll out. A 100 Baht fee will also be charged per user for the KYC process. In addition, the solution will require the approval of the country’s Securities and Exchange Commission. 

Real estate developer and crypto investor Srettha Thavisin was elected on August 22 as the incumbent prime minister of Thailand. During campaigning, Thavisin promised the exact 10,000 Baht per person basic income stimulus via “digital currency” if elected into power. In 2021, Thavisin’s firm, Sansiri, purchased a 15% stake in Thai asset tokenization provider X Spring for 1.6 billion Baht ($45.7 million). 

The Thailand Development and Research Institute said funding for the Thavisin Airdrop will come from tax collection in the 2024 fiscal year. The total budget estimate for the project is 560 billion Baht ($16 billion). 


Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments.

Thailand may soon have a national airdrop in the works where every citizen 16 years and older will receive 10,000 Baht ($285). 

According to local news reports on August 30, Thailand’s ruling Pheu Thai party will consult the Bank of Thailand in developing a “utility type 1” token necessary for the airdrop. The solution will be a know-your-customer (KYC), blockchain-based infrastructure that sources say will take at least six months to roll out. A 100 Baht fee will also be charged per user for the KYC process. In addition, the solution will require the approval of the country’s Securities and Exchange Commission. 

Real estate developer and crypto investor Srettha Thavisin was elected on August 22 as the incumbent prime minister of Thailand. During campaigning, Thavisin promised the exact 10,000 Baht per person basic income stimulus via “digital currency” if elected into power. In 2021, Thavisin’s firm, Sansiri, purchased a 15% stake in Thai asset tokenization provider X Spring for 1.6 billion Baht ($45.7 million). 

The Thailand Development and Research Institute said funding for the Thavisin Airdrop will come from tax collection in the 2024 fiscal year. The total budget estimate for the project is 560 billion Baht ($16 billion). 


Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Thailand to give every citizen 10,000 Baht in crypto, Delio users unlikely to recover all funds, Vietnam is world’s No.1 country for crypto.

Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Thailand to give every citizen 10,000 Baht in crypto, Delio users unlikely to recover all funds, Vietnam is world’s No.1 country for crypto.

Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Thailand to give every citizen 10,000 Baht in crypto, Delio users unlikely to recover all funds, Vietnam is world’s No.1 country for crypto.

Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments.

Thailand may soon have a national airdrop in the works where every citizen 16 years and older will receive 10,000 Baht ($285). 

According to local news reports on August 30, Thailand’s ruling Pheu Thai party will consult the Bank of Thailand in developing a “utility type 1” token necessary for the airdrop. The solution will be a know-your-customer (KYC), blockchain-based infrastructure that sources say will take at least six months to roll out. A 100 Baht fee will also be charged per user for the KYC process. In addition, the solution will require the approval of the country’s Securities and Exchange Commission. 

Real estate developer and crypto investor Srettha Thavisin was elected on August 22 as the incumbent prime minister of Thailand. During campaigning, Thavisin promised the exact 10,000 Baht per person basic income stimulus via “digital currency” if elected into power. In 2021, Thavisin’s firm, Sansiri, purchased a 15% stake in Thai asset tokenization provider X Spring for 1.6 billion Baht ($45.7 million). 

The Thailand Development and Research Institute said funding for the Thavisin Airdrop will come from tax collection in the 2024 fiscal year. The total budget estimate for the project is 560 billion Baht ($16 billion). 


BlackRock's Bitcoin ETF to be the 7th application delayed by SEC today

The world’s largest asset manager has been waiting to offer an exchange-traded fund for its iShares Bitcoin Trust in the United States.

SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie

SEC has delayed its decision on Bitcoin exchange-traded fund applications from WisdomTree, Invesco Galaxy and Valkyrie, with the next deadlines set for October.

SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie

SEC has delayed its decision on Bitcoin exchange-traded fund applications from WisdomTree, Invesco Galaxy and Valkyrie, with the next deadlines set for October.

Hurricane Idalia delays Ron DeSantis' reported plans to accept crypto campaign donations

The storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign.

CME Bitcoin trading volume surpasses Bybit, but is it impacting BTC price?

BTC trading volume at CME recently eclipsed Bybit but what does this mean for Bitcoin price?

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