Thailand opens door to locally listed bitcoin and ether ETFs
Thailand’s new crypto rules taking effect Oct. 16. They allow Thai asset managers to launch crypto ETFs on the local stock exchange, with bitcoin and ether initially eligible.
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Thailand’s new crypto rules taking effect Oct. 16. They allow Thai asset managers to launch crypto ETFs on the local stock exchange, with bitcoin and ether initially eligible.
Britain said the crypto platforms and two payment services may have helped Russia evade financial sanctions, with two handling transactions involving the Kremlin-backed A7 network.
A man from Virginia, who facilitated millions of drug transactions worth roughly $430 million, agreed to give up $100 million worth of BTC. His partner forfeited nearly 1,600 BTC.
The bitcoin miner’s transfer does not confirm a sale, but comes as its treasury has fallen from 53,822 BTC in February to 35,577 BTC in August.
Meanwhile has signed 15 brokers serving high-net worth clients across markets iSwitzerland, Singapore, Hong Kong and the UAE.
Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation.
Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.
The network is completing a seven-week push to produce blocks twice as frequently, though validators face higher costs and tighter operating windows.
The feature lets businesses give separate accounts limited powers such as approving customers or making payments, while keeping the keys that control their main holdings offline.
About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether’s market value being less than a fifth as large.