Bitcoin Suisse Cuts Up to Half Its Swiss Staff and Closes Copenhagen
Up to 60 of about 120 Swiss jobs go as software and back-office work moves to Bratislava and a new hub in Vietnam. Consultation closes on 20 September.
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Thailand Would Bar Stablecoin Transfers to Anyone Else's Wallet
Thailand's SEC would let licensed operators move stablecoins only between wallets verified as one customer's own. Comments close on 25 September.
Revolut Handed KYC Files and Bitcoin Histories to a Forged Request
An email from a real government domain asked Revolut for customer data and the bank complied. Passports, selfies and full bitcoin transaction histories went out.
Coinbase's Armstrong Calls the Cycle Bottom With Bitcoin Near $78,000
Brian Armstrong told Bloomberg Television on 10 September that bitcoin's cycle low is already in, with the price near $78,000. A viral Instagram post builds a 2022 parallel on top of the call, and its central figure does not hold up.
Albuquerque Bans Crypto ATMs and Gives Operators 45 Days
The city's new ordinance bars crypto kiosks and cashier-facilitated sales. Three accounts describe the 45-day removal clock three different ways.
Bankman-Fried Asks the Supreme Court to Undo an $11B Forfeiture
The petition asks whether the trial court wrongly excluded evidence of FTX's assets, and whether an $11 billion forfeiture is an excessive fine.
Kalshi Plans to Seek Clearance for 60 Single-Stock Perpetuals
Perpetual futures on Tesla, Apple and Nvidia would need the SEC and the CFTC to agree. Citadel Securities has already written to both agencies.
India's Demat 2.0 Pilot Settles $107 Million of Tokenized Bonds
Three Indian issuers sold bonds created natively on a ledger, with the cash leg settled in wholesale CBDC. Retail access waits for a phase with no date.
Metaplanet Cancels 131 Million Shares From Its Executive Option Pool
The Series 10 pool falls from 319.5 million potential shares to 188.2 million, lifting bitcoin per diluted share about 8.8%. Shareholders had asked for more.
Canada's Bank Regulator Says Tokenized Deposits Are Just Deposits
OSFI told Canada's banks that a deposit recorded on a blockchain is still a deposit. Existing guidelines apply and no new legal category is created.
Bitcoin at $1.2M Would Match Dollar M2, a Viral Slide Deck Says
An Instagram deck prices the flippening at $214,000 per BTC for the pound and $2.8 million for the yuan. Checked against July and August M2 data and ECB reference rates, four of its six figures come close. The yen slide is the one that does not reconcile.
Zcash's $1,000 Break Set a Decade High, Not an All-Time Record
Zcash traded above $1,000 on 4 September for the first time since 2016. A widely shared post calls it a new all-time high, but ZEC printed roughly $3,192 in October 2016. The two framings do not reconcile.