WAO ART

The global crypto exchange Bitget has officially launched operations in Kenya, offering a variety of trading options across multiple currencies. James Mumo, a representative from Bitget, emphasized the importance of safeguarding funds and urged other crypto exchanges to implement stronger fraud prevention measures.

A former Chinese finance official, Zhu Guangyao, urges China to reconsider its strict crypto ban in light of the U.S. adopting more favorable digital asset policies. Zhu highlights the potential benefits of digital assets for China's economy, suggesting that risks could be managed through regulation.

In September 2024, TON captured 50% of all Layer 1 transactions, outperforming major blockchains like Ethereum, Polygon, and Tron, despite regulatory concerns surrounding Telegram. The surge in TON's activity was fueled by popular token launches from Telegram clicker app projects, including Hamster Kombat.

Iran has fired missiles, escalating geopolitical tensions that are impacting the cryptocurrency market. BTC briefly dipped below $62,000 but was trading at $62,150; U.S. markets also saw declines, with Apple down 2% and Coinbase down 8%.

Australia’s ANZ bank partners with Singapore's Monetary Authority to explore tokenization of real-world assets (RWAs) in financial markets. The bank aims to enhance the mobility of its Australian dollar-backed A$DC stablecoin across different blockchains using Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

El Salvador's adoption of Bitcoin as legal tender is a slow process. Transitioning from fiat currency to Bitcoin is a significant societal shift that requires time and patience, especially without a hyperinflation crisis. Bitcoin's potential price increases could significantly impact El Salvador's economy if realized.

Gemini has announced its departure from the Canadian market, following Binance and OKX, effective December 31, 2023. The exit comes after Canada implemented stricter regulations on crypto exchanges, including daily financial reporting and explicit permissions for stablecoin offerings.