Author: Cointelegraph By Helen Partz

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Turkey’s $200 limit on cash payments: What does it mean for crypto?

Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%. Source link

Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis

The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis. Source link

India tops global crypto use despite offshore exchange ban

India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received. Source link

Tether stablecoin issuer and Tron launch financial crime unit

Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit. Source link

Crypto becomes US election issue for the first time — Survey

Up to 73% of US respondents who currently own cryptocurrency believe that a candidate’s position on crypto will influence their vote in the presidential election. Source link

Crypto products post $726M outflows amid rate cut uncertainty

CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10. Source link

Nigeria’s SEC to crack down on unregulated crypto exchanges

Nigeria’s SEC will enforce regulations on unregulated crypto businesses, protecting investors while encouraging innovation in the growing market. Source link

Mastercard enables non-custodial crypto spending in new partnership

Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants. Source link

Major Swiss bank ZKB launches Bitcoin and Ether trading

Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba.  Source link

Brazil’s X ban: Are VPN users at risk for accessing the platform?

VPN providers agree that tracking individuals accessing X via VPNs in Brazil would be challenging but not impossible. Source link