Top Cryptocurrency News for October 9

⬛ U.S. regulators don collect $32 billion for settlement from cryptocurrency companies because of compliance wahala, according to report from CoinGecko. This amount no include plenty personal fines wey Commodity Futures Trading Commission (CFTC) don give to individual top executives.

⚫The Alchemy Pay team don announce say dem don integrate with Samsung Pay this week, on October 8. For September, the crypto payment provider don add support for Google Pay. Now, more than 500,000 Alchemy Pay virtual card users fit pay for goods and services both for store and online using Samsung Pay.

⬛The group SweetSpecter, wey get clear ties to China, try do phishing attack on OpenAI employees, according to the AI startup. SweetSpecter pose as ChatGPT user and send emails to the support team wey get malicious attachments. If person open am, these attachments fit allow hackers take screenshots and collect data.

⚫Taiwans Financial Supervisory Commission (FSC) wan allow the countrys banks and financial institutions to offer digital asset custody services in experimental mode. The regulator go start to accept applications from banks for the first quarter of 2025. Institutions wey go submit applications must specify which crypto assets dem plan to hold and describe the target audience wey custodial services go dey offered to: crypto platforms, professional, or retail investors.

⬛ According to new study wey Social Capital Market conduct, the leading cryptocurrency hubs for the global industry this year na Dubai, Switzerland, and South Korea. Dubai na the absolute leader, e top the list of the most crypto-friendly countries with score of 79 points. The country don create favorable regulatory environment, introduce tax incentives, and other favorable conditions for the registration or establishment of crypto companies for the region.

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