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1Bitget Daily Morning Brief (October 22) | Japan’s Financial Services Agency Explores Allowing Banks to Hold and Trade Cryptocurrencies; Tether’s USDT Users Surpass 500 Million2Crypto Market Prediction: XRP Switches From Bullish to Bearish, Shiba Inu's (SHIB) Evil Zero Is Back, Who Pushed Bitcoin (BTC) Down From $110,000?3Ethereum ETFs lose $145 million as investors await inflation data
Flash
- 09:38Crypto trading firm FalconX to acquire ETF management company 21SharesJinse Finance reported that crypto trading firm FalconX is planning to acquire the well-known crypto asset ETF management company 21Shares, aiming to expand its presence in crypto financial products and institutional investment. If completed, this transaction will become one of the largest mergers and acquisitions in the crypto finance industry this year.
- 09:33Swiss investment firm Vontobel Holding increases Strategy holdings to $5 millionChainCatcher reported, according to Bitcoin Treasuries.NET, that Swiss international investment company Vontobel Holding has increased its holdings of Strategy ($MSTR) stock to $5 million. The company manages assets totaling $288 billions.
- 09:21The Russian Ministry of Finance and the Central Bank have agreed to legalize the use of cryptocurrencies in foreign trade.ChainCatcher news, according to Russian newspaper Izvestia, the Russian Ministry of Finance and the Central Bank of Russia have reached an agreement to allow the use of cryptocurrency for payments in foreign trade. Finance Minister Anton Siluanov announced the news. After the strategic meeting on "Improving Economic Efficiency and Ensuring a Fair Business Environment," Siluanov stated: "We believe that this area should be legalized, and its activities should be regulated by legislation. Therefore, we will work together with the Federal Financial Monitoring Service of Russia and other regulatory authorities to ensure and restore order in this field." Siluanov emphasized that using cryptocurrency for settlements is an important task, as cryptocurrency can not only be used for payments but also for transferring funds abroad. Therefore, Siluanov stated that as this market becomes legalized, strengthening the supervisory functions of regulatory agencies will be crucial.