1. Gemini will close all Canadian customer accounts by the end of the year
According to Cointelegraph, cryptocurrency trading platform Gemini said in an email to Canadian users on September 30 that it will close all Canadian accounts (except for a few accounts) before December 31, and users will have 90 days to withdraw assets from the platform.
On February 22, the Canadian Securities Administrators (CSA) issued an announcement requiring all crypto asset trading platforms to sign a legally binding pre-registration commitment letter in order to continue operating in the country. Gemini submitted the pre-registration documents on April 13.
2. Kasikornbank plans to launch the country’s first licensed digital asset custodian, orbix Custodian
According to Cointelegraph, Kasikorn Bank, the second largest bank in Thailand by assets, plans to launch the country’s first licensed digital asset custodian, Orbix Custodian. Kasikorn Bank said that the license for Orbix Custodian was obtained on September 13, and the custodian is expected to start operations in early 2025.
3. ANZ joins Monetary Authority of Singapore’s Project Guardian program
ANZ Bank has announced that it has joined the Monetary Authority of Singapore’s (MAS) Project Guardian program, becoming the first Australian bank to join the program in the country. ANZ will work with Chainlink Labs and ADDX to explore interoperability between private blockchains to exchange tokenized real-world assets such as commercial paper.
4. Ohio Senator proposes that the state government accept cryptocurrency for tax payments
According to Cointelegraph, Ohio Senator Niraj Antani proposed a bill requiring the state government to accept cryptocurrencies to pay taxes. In addition, the bill also suggests that the state government allow state higher education institutions and state pension funds to choose to invest in cryptocurrencies.
Antani noted that Ohio’s attorney general recommended in 2019 that the state’s deposit board must approve the use of cryptocurrencies to pay taxes, but the board has not approved it.
5. Taiwan opens offshore virtual asset ETF market to professional investors
The Financial Supervisory Commission (FSC) of Taiwan, China, issued an announcement, announcing that it will allow professional investors to invest in overseas virtual asset ETFs through re-entrustment. The FSC stated that, except for professional institutional investors, the entrustor should sign a risk warning before the first purchase, and the securities firm can only accept their entrustment. In addition, the securities firm should provide the entrustor with information on virtual asset ETFs before the first purchase, and regularly educate business personnel on the handling of virtual assets and related products.
6. Japanese listed company Metaplanet increased its holdings by 107.91 bitcoins
Japanese listed company Metaplanet announced that it has increased its holdings of 107.91 bitcoins, worth 1 billion yen. Currently, Metaplane holds 506.745 bitcoins.
7. Japan’s new Prime Minister Shigeru Ishiba plans to use blockchain and NFT technology to promote regional revitalization
According to Coinpost, Japan's new Prime Minister Shigeru Ishiba stated in his policy document that blockchain and NFT technology will be used to promote regional revitalization. In addition, Ishiba also plans to appoint Masaaki Taira, the current head of the Liberal Democratic Party's Web3 Working Group, as the government's new Minister of Digital Affairs.
8. Ripple receives approval in principle for a financial services license from the Dubai Financial Services Authority
Ripple announced that it has received in-principle approval from the Dubai Financial Services Authority (DFSA) for a financial services license to provide end-to-end payment services in the UAE.
9. Charles Schwab: If relevant regulations change, the company is willing to provide cryptocurrency trading services
According to Cointelegraph, Charles Schwab, a financial giant with an asset management scale of US$7.13 trillion, said that if relevant laws change, the company is willing to provide cryptocurrency trading services.
10. Binance completes VASP registration in Argentina and will open all services to users in the country
Binance issued an announcement, announcing that it has been included in the Virtual Asset Service Provider (VASP) Registry of the Argentine National Securities Commission (CNV) and will open all services to Argentine users.