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Binance to terminate Russian ruble deposits next week

Binance Russia users will have slightly more than two months to withdraw their rubles from the exchange or until Jan. 31, 2024.

47 countries pledge to authorize the crypto-asset reporting framework by 2027

The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities.

Turkish Lira becomes top crypto trading pair on Binance in Sept 2023

Turkish Lira accounted for 75% of all fiat volume in early September, which can be tied to the recent influx of crypto investors in the Turkish market.

Hong Kong ‘ready’ to capitalize on crypto’s next bull run: Hashkey Capital

Hashkey Capital partner of liquids funds and research, Jupiter Zheng, says the crypto sector in Hong Kong is now primed for significant growth over the next four to five years.

EU backs Data Act with clause to shut off smart contracts

The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.

Cryptoqueen’s OneCoin legal chief pleads guilty to fraud

The former head of legal and compliance at OneCoin faces up to 10 years in prison for her role in the $4 billion crypto trading scheme.

China’s surprise NFT move, Hong Kong’s $15M Bitcoin fund: Asia Express

China issues legal guidance that gives NFT markets hope, Bitget invests $10M in Indian startups, SEBA Bank’s Hong Kong license: Asia Express.

BlackRock’s spot Ethereum ETF plan is confirmed after Nasdaq filing

Earlier in the day, BlackRock registered corporate entity “iShares Ethereum Trust” in Delaware, the first hint that a filing for a spot Ethereum ETF filing was imminent.

Proof of Stake Alliance updates recommendations for staking providers

The POSA updated its staking principles to say that providers should communicate clearly and should not control the amount of liquidity a user must provide.

Train AI models to sell as NFTs, LLMs are Large Lying Machines: AI Eye

Train up kickass AI models to sell them as NFTs in AI Arena, how often GPT-4 lies to you, and fake AI pics in the Israel/Gaza war: AI Eye.

Laos military says country's crypto operators owe $20M in unpaid taxes

The government says the tax debt will be slashed by 50% in response to a pro-rated drop in cryptocurrency prices after the obligations were set.

Can crypto Privacy Pools help balance privacy and regulation?

When it comes to privacy and regulation, could Vitalik Buterin’s Privacy Pools be the answer?

China AI chip market finds expansion paths despite US export restrictions

The U.S. imposed export restrictions of high-level AI chips to China last October, though Chinese companies are now finding new options to develop their technology.

U.S. lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain

Furthermore, the act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether.

Maine state treasurer to focus on handling abandoned cryptocurrency accounts

According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property.

Bitcoin ETF launch could be delayed more than a month after SEC approval

A total of 12 asset managers have filed for a spot Bitcoin ETF with the U.S. SEC, with the first window for approval from the SEC opening on Nov. 8.

Swedish Bitcoiners targeted by armed criminals

Swedish cryptocurrency proponent Eric Wall has flagged targeted attacks on well-known BTC community members.

JPEX scandal: Taiwan determines new suspects in alleged fraud — Report

Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud.

Spanish regulators set precedent with crypto ad violations case

The National Securities Market Commission accuses Miolos of non-compliance with the cryptocurrency regulations established by the CNMV circular from January 2022.

SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report

“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated.

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