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

While history shows September isn't usually great for Bitcoin, analysts urged investors to look to mid-October.
The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization.
Ben Rose is hopeful that Binance Australia’s banking woes will be relieved by positive regulation in the future.
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.
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.
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 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.
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).

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 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 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 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.
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).

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 has delayed its decision on Bitcoin exchange-traded fund applications from WisdomTree, Invesco Galaxy and Valkyrie, with the next deadlines set for October.
SEC has delayed its decision on Bitcoin exchange-traded fund applications from WisdomTree, Invesco Galaxy and Valkyrie, with the next deadlines set for October.
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.
BTC trading volume at CME recently eclipsed Bybit but what does this mean for Bitcoin price?
Human ID project Worldcoin signed up over 9,500 users in Argentina in a single day in August, setting a record for single-day signups. To achieve this feat, facilitators onboarded participants at an average rate of less than nine seconds per person, according to an Aug. 31 announcement from the project.
Argentina has Worldcoin facilitators in 38 different locations, according to the project’s website. Most locations are in the country’s capital city of Buenos Aires.
Worldcoin is a blockchain-based project that allows individuals to prove they're human by having their irises scanned. When a user verifies their humanness, they are given a “World ID” that can be integrated into future applications to prove they are not a bot or artificial intelligence program. The project was founded by OpenAI co-founder Sam Altman, who argued that human IDs would be needed in the future as artificial AI programs become more sophisticated and less distinguishable from humans.
Worldcoin launched on July 25 and almost immediately came under criticism from data privacy advocates. Critics claimed that it is too centralized and could easily leak users’ biometric data, leading to negative consequences for users.
In their Aug. 31 post, the team claimed that many Argentinians are signing up for World IDs anyway, despite the controversy. “There was a significant increase in demand for World ID verifications in countries around the world [after launch],” they stated. This “continued into August, which saw 9.5K Argentinians verify their World ID in a single day.”
The iris-scanning project saw a surge of signups in Argentina, registering an average of one user every nine seconds.
