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Taiwan bans unregistered foreign crypto exchanges from operating

Apart from local exchanges like Maicoin, major global crypto trading firms like Binance, ByBit and Kraken have also been serving customers in Taiwan.

Venezuela extends reorganization shutdown of crypto agency to March 2024

The government will spend six additional months to ‘reorganize” the entity, which de-facto stopped its work in March 2023.

Bitcoin gains legal recognition as digital currency in Shanghai China

A similar report from another Chinese court earlier in September recognized cryptocurrencies as virtual properties protected by law.

Crypto firm claiming $1.4B in trades on CMC flashes reportedly fake license data

A crypto exchange claiming $1.7 billion in daily trades and reporting $1.4 billion on CoinMarketCap had reportedly displayed false license data until Estonian regulators checked it.

CZ appoints Binance security team to track Huobi HTX stolen funds

To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000.

Taiwan’s major crypto exchanges form association to advance industry interests

MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association.

Celsius creditors vote in favor of reorganization plan

The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors.

Crypto bills could be delayed as many prepare for US gov't shutdown

Bills focused on crypto regulation, market structure, and stablecoins could all be put on hold if U.S. lawmakers don't reach a decision on government spending by Sept. 30.

Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded

While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure.

SEC raises concerns over Coinbase in objection to Celsius restructuring plan

Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC's reasoning in its Sept. 22 objection.

China to build giant AI chip factory to bypass US sanctions: Report

Chinese scientists are reportedly considering constructing massive facilities to manufacture the technology necessary to create AI semiconductor chips locally.

Tether reportedly shuts USDT redemption for some Singapore customer groups

Tether in its email said they found Cake DeFi to be controlled by “another corporation that resides in Singapore,” and thus they won’t be allowed to redeem USDT.

HK regulator vows to intensify crackdown on unregistered crypto platforms

In the wake of the ongoing JPEX scandal, the Hong Kong Securities and Futures Commission says it will issue a public list of suspicious crypto trading platforms.

JPEX scandal masterminds still at large as 11 suspects taken into custody: Report

Hong Kong police said the leaders of the JPEX crypto exchange are still at large and are now enlisting the help of Interpol to track them down.

FTX's former external legal team disputes involvement in fraud allegations

In a recent court filing, a U.S. law firm that had previously offered services to FTX refutes allegations of assisting Sam Bankman-Fried in his alleged fraudulent activities.

Coinbase secures AML registration from Bank of Spain

The Anti-Money Laundering registration will allow cryptocurrency exchange Coinbase to offer its services to both retail and institutional investors within Spain.

Binance.US scores against SEC, Mt. Gox delay repayments, and other news: Hodler’s Digest, Sept. 17-23

Binance.US scores temporary win against the SEC, Mt. Gox repayments delayed to 2024, and Tether’s $1B liquidity to Tron network.

Coinbase CEO warns against AI regulation, calls for decentralization

Coinbase CEO Brian Armstrong said decentralization and open-sourcing AI is better alternative to regulating the space.

How are crypto firms responding to US regulators' enforcement actions?

Prometheum was purportedly "purpose-built to comply with federal securities laws" and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase.

Architect fintech receives NFA approval to operate as introducing broker

The former FTX.US president founded the company in January to serve institutional investors in crypto and traditional derivatives.

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