Sept | Crypto

Existing virtual asset providers must apply for an NOC by Sept. 5 or cease operations under Pakistan’s new regulatory framework. Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal after notifying regulations governing crypto exchanges and other virtual asset service providers (VASPs) operating in the country.  Companies providing virtual asset services on or before March 5 must submit an application for a no-objection certificate (NOC) by Sept. 5 or cease operations, according to the PVARA licensing website. Operating after the deadline without submitting an application will constitute an offense, PVARA said in a Saturday press release published by the Associated Press of Pakistan. “The licensing window is officially open, creating a clear pathway for businesses to enter Pakistan’s regulated virtual asset market, with defined standards for consumer protection, governance, compliance and market integrity,” PVARA said on LinkedIn.  Read more

The White House is raising pressure on Senate Democrats ahead of a Sept. 15 vote on the CLARITY Act, arguing that lawmakers have already had enough time to reach a deal on crypto market structure. On Aug. 8, Patrick Witt, executive director of the Presidential Council of Advisors for Digital Assets, accused Senate Minority Leader […] The post White House warns CLARITY Act will die Sept 15 unless 7 Democrats vote yes appeared first on CryptoSlate.

EU authorities already preemptively sanctioned Russia’s digital ruble in 2025 as part of measures in response to the country’s war against Ukraine. Russia’s central bank governor, Elvira Nabiullina, confirmed that the country was prepared to roll out its central bank digital currency (CBDC) in two months, following the timeline it laid out last year.  According to a Thursday report from Russian state media outlet RIA Novosti, Nabiullina said that “everyone is ready” for a Sept. 1 digital ruble launch. The CBDC will launch as a complement to Russia’s fiat currency, the ruble, and will initially be accepted by financial and credit institutions. “We want the digital ruble to be in demand by people and businesses, to be convenient, and, of course, we're constantly discussing [...] what functionality to develop,” said Nabiullina in a translated statement. Read more

FTX creditors will receive $1.6 billion on Sept. 30 in the third major distribution since the exchange’s 2022 collapse, bringing some customers to 95% cumulative recovery rates. According to the FTX Recovery Trust’s Sept. 19 announcement, creditors must complete multiple verification steps through the FTX Customer Portal before receiving payments, which take one to three […] The post FTX creditors set to receive $1.6B in third distribution round on Sept. 30 appeared first on CryptoSlate.

Markets brace for a widely expected Fed rate cut on Sept. 17, with history suggesting near-term turbulence but longer-term gains for risk assets and gold.

Bloomberg analyst Eric Balchunas said the first US exchange-traded fund linked directly to Dogecoin will debut Thursday, Sept. 11. In a Sept. 9 update on X, he said Rex-Osprey’s planned DOGE ETF (ticker: DOJE) signals the start of what he described as the “memecoin ETF era.” Balchunas emphasized the fund’s unusual nature, noting that it […] The post First Dogecoin ETF to launch on Sept 11, Bloomberg analyst says appeared first on CryptoSlate.

Roman Storm’s defense and U.S. prosecutors have set deadlines for post-trial motions following the Tornado Cash developer’s partial mistrial. The schedule outlines filings through November as questions over possible retrials remain. The post Roman Storm to File Post-Trial Motions by Sept. 30; Retrial Scope at Stake appeared first on Cryptonews.

The FTX Recovery Trust has set Aug. 15 as the record date for its next distribution to creditors, with payments expected to begin around Sept. 30, according to a statement released on July 23.  The window covers holders of allowed Class 5 Customer Entitlement Claims and Class 6 General Unsecured Claims under the confirmed plan, […] The post FTX creditors to receive next round of payouts by Sept 30 appeared first on CryptoSlate.