Author: 行政

ASIC says complaints indicate at least $138 million was put into products investors believed came from MGF Capital’s corporate authorised representatives and cannot be withdrawn. Main Group FX held MGF Capital’s authorisation from February to December 2023, ASIC’s register shows, and 13 investors known to the ABC lost more than $2 million when it vanished. Main Group FX’s former chief executive Karim Farag appears on a 2024 Israeli counter-terrorism financing list of crypto account holders, the ABC reported, and MGF Capital denies any due diligence failure. The Australian Securities and Investments Commission (ASIC) is investigating Sydney licensee MGF Capital over…

DekaBank, the securities provider for Germany’s Sparkassen savings banks, launched crypto trading on Oct. 19, giving adult customers of participating banks a way to buy Bitcoin through the Sparkasse app after opening a Deka crypto account.The service, called “Krypto – powered by Deka,” also offers Ethereum, Solana, XRP and Polygon’s POL. Customers need a current account at a participating Sparkasse and open the crypto account through the app’s “Anlegen,” or investing, section.As checked on Oct. 20, Deka’s participating-bank list names Frankfurter Sparkasse, Sparkasse Rottal-Inn, Niederrheinische Sparkasse RheinLippe, Taunus Sparkasse and Sparkasse Karlsruhe. Each Sparkasse decides independently whether to offer the…

JPMorgan Asset Management forecasts Bitcoin delivering 10% annual returns over the next decade in its base case, compared with 17% in a bull scenario and -9.7% in a bear scenario. Its Bitcoin forecast exceeds projected returns for US equities, bonds and gold, despite CEO Jamie Dimon’s longstanding criticism of the crypto. JPMorgan estimates Bitcoin’s annualised volatility at 55%, far above emerging-market equities at 21.4% and US small caps at 21%. The bank views Bitcoin primarily as a speculative asset and hedge against monetary easing rather than a reliable portfolio diversifier. How the tables have turned. JPMorgan CEO Jamie “Pet Rock”…

Swiss financial regulator FINMA has approved the first retail exchange-traded fund under Swiss law to invest directly in Bitcoin, granting a diversification exemption that allows concentrated exposure while keeping custody and sales safeguards.In its Oct. 20 announcement, FINMA said Bitcoin’s long trading history and particularly high trading volume compared with other cryptocurrencies justified the exception. The fund falls into Switzerland’s category of other funds for alternative investments carrying particular risk.The exemption allows this retail fund to concentrate on Bitcoin without meeting the applicable diversification requirements. FINMA described an exception for this case, giving the fund permission to hold concentrated exposure…

Kazakhstan’s Astana Financial Services Authority (AFSA) said on Oct. 20 that it plans to send court orders to Apple and Google to restrict access to six crypto platforms, including Coinbase.The move targets app distribution as part of the regulator’s enforcement against unauthorized digital-asset services.The order concerns services in or to users in the Astana International Financial Centre (AIFC), a financial jurisdiction in Kazakhstan. AFSA has not confirmed service on the app-store operators or implementation against the six platforms.The Sept. 18 variation order covers the operators of BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase and WEEX. AFSA issued the original default…

The Bureau of Engraving and Printing (BEP) is offering three new uncut $100 currency sheets featuring the printed signatures of President Donald J. Trump and Treasury Secretary Scott Bessent. The Series 2025 collectibles are available in four-, eight- and sixteen-note formats, with prices ranging from $500 to $2,000. CoinNews photo of an uncut $100 Federal Reserve note sheet featuring President Donald J Trumps signature alongside Treasury Secretary Scott Bessents commemorating the nations 250th anniversary The sheets follow a historic currency change announced in March, making Trump the first sitting U.S. president to have his signature appear on American paper money.…

Converting $10,000 of the dollar stablecoin USDC into euros can incur a $100 or $20 trading fee at Kraken, before execution and withdrawal costs.The $80 difference comes from standard Instant Buy/Sell pricing versus the eligible entry-tier USDC/EUR order book, using the exchange’s fee schedule checked Oct. 20.At $200, the same 80-basis-point gap is worth $1.60. A fixed bank payout charge then takes a much larger share of the transfer, leaving less room for the stablecoin route to compete with a money-transfer company.The Bank for International Settlements published Working Paper 1385 on Oct. 19. Wenxin Du, Catherine Huang and David Scharfstein…

BNB’s Oct. 19 quarterly burn retired 1.9% more tokens than July’s, while its disclosed dollar valuation rose 28.5%. The additional supply reduction was about 30,369 BNB, a much smaller change than the dollar comparison alone suggests.BNB Foundation announced the completed 37th burn on Oct. 19, reporting 1,646,196.44 BNB destroyed with an approximate value of $1.197 billion. Its July 15 disclosure reported burning 1,615,827.795 BNB, valued at about $931.7 million.For holders assessing scarcity, the token count measures the size of each retirement.Why the dollar value grew much fasterThe two disclosures show a modest increase in the number of coins removed, along…

An Ethereum wallet linked to the April 1 exploit of crypto trading protocol Drift sent 25,710 ETH into the Tornado Cash mixer on Oct. 20, nearly emptying the address in its first outgoing Ethereum transactions.The address, which Etherscan labels “Drift Exploiter 5”, held about 3.98 ETH on Oct. 20. On-chain analysis profile Lookonchain separately reported holdings of 81,864 ETH across the exploiter wallets it tracks.258 deposits in two hours and 13 minutesThe wallet made 258 successful deposits to the Tornado Cash router: 257 of 100 ETH each, followed by a final deposit of 10 ETH. Together, they moved 25,710 ETH…

JP Morgan Asset Management sees Bitcoin potentially reaching $215,000 within a decade, despite CEO Jamie Dimon’s longstanding criticism of the cryptocurrency.The Wall Street firm’s 2027 Long-Term Capital Market Assumptions, released Oct. 19, outlined three scenarios for Bitcoin’s performance over the next decade, ranging from a collapse toward $25,000 to a rally approaching $386,000.Its base case assumes BTC generates compound annual returns of 10%, implying a price of about $215,300 from the report’s $83,000 reference price.The bullish scenario projects annualized returns of 16.6%, taking Bitcoin toward $385,500, while the bearish case assumes yearly losses of 11.2%, reducing its value to roughly…