Asia's weekly TOP10 crypto news (Sep 23 to Sep 29) Former Ch | WuBlockchain on Binance Square

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Asia's weekly TOP10 crypto news (Sep 23 to Sep 29) Former Chinese Vice Minister of Finance Calls for Enhanced Cryptocurrency Research, Japan’s Financial Services Agency Plans Reforms for Crypto Gaming Regulations, Turkish Decision Made Not to Pursue Additional Tax Plans on Stock and Crypto Trading Profits

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The latest revised bankruptcy documents shared by FTX creditor Sunil Kavuri show that some FTX creditors can only get back 10%-25% of their cryptocurrencies. Creditors will be repaid based on the filing date, when cryptocurrency prices were much lower than current levels. At that time, the price of Bitcoin was around $16,000. The decision to use the filing date price to repay creditors and customers has sparked dissatisfaction.

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CZ made his first post after being released, stating that Giggle Academy is progressing well and will become an important part of his life in the coming years. He will continue investing in blockchain/decentralized technology, artificial intelligence, and biotechnology, while also dedicating more time and funds to philanthropy (and education). He is currently writing a book, which is about two-thirds complete. Binance seems to be doing well even without his direct involvement.

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China’s former vice minister of finance called for China to study the latest changes in cryptocurrencies and policy adjustments internationally, as it is crucial to the development of the digital economy. He mentioned Trump’s embrace of cryptocurrencies and the U.S. approval of cryptocurrency ETFs.

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According to Lookonchain, a certain address spent 6 SOL (about 815 US dollars) to buy 30.1 million MOODENGs on the 17th. The current value is 9.4 million US dollars. The profit of this transaction has reached 11,534x. MOODENG is a Solana Meme coin inspired by the Thai Internet celebrity hippopotamus "Moo Deng".

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Tether announced today that it assisted the U.S. DOJ in seizing over $6 million in assets linked to a crypto-confidence scheme based in Southeast Asia. To date, Tether has assisted more than 180 enforcement agencies across 45 jurisdictions, blocked $1.8+ billion USDT.

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