Author: Cointelegraph By Arijit Sarkar

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Bitcoin avg transaction fee rises 937.7% in 24 hours

Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users. Source link

Spot Ethereum ETFs record longest outflow streak amid drying investments

Ethereum ETFs in the US face significant outflows, contrasting Bitcoin ETFs, which continue to attract investments. Source link

El Salvador launches Bitcoin certifications for civil servants

El Salvador’s government aims to upskill 80,000 employees through a comprehensive Bitcoin certification program, emphasizing strategic management and public policy. Source link

Hong Kong issues generative AI guidelines for consumer protection

The HKMA has introduced new principles for using generative AI, emphasizing governance, transparency and data protection in consumer-facing applications. Source link

US mulls applying fiat reporting mandate on crypto transfers

The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to include cryptocurrencies and digital assets in new reporting requirements. Source link

Bank of Ghana unveils draft rules for cryptocurrency exchanges

The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures. Source link

Malaysian kidnappers abducted Chinese man for $1M USDT: Report

Six Malaysian nationals, including a couple, have been charged with kidnapping a Chinese citizen and demanding a ransom of $1 million in Tether (USDT). Source link

Binance returns India as registered crypto exchange following 7-month ban

Binance returns to India after registering with the FIU-IND, marking its 19th global regulatory milestone. Source link

New York regulator hunts crypto and AI specialist for policy unit

The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services. Source link

Canadian crypto exchange gambled away $9.5M users’ Bitcoin and Ether

The British Columbia Securities Commission reveals how ezBtc’s founder misappropriated millions in customer funds for personal use, leading to significant investor losses. Source link