Kategorie: Bitcoin News

• They appeared soon after the Virtual Assets Service Providers Act of 2025 took effect.
• CoinATMradar currently lists two Bitcoin ATMs in Kenya.
• The Central Bank of Kenya and the Capital Markets Authority say no VASP is licensed yet.

Bitcoin ATMs have surfaced across major shopping malls in Nairobi, only days after Kenya activated its first comprehensive crypto law, creating an unexpected test for regulators who have not yet authorised any crypto provider to operate.

The machines, branded Bankless Bitcoin, appeared beside traditional bank kiosks and offered cash to crypto services to shoppers.

Their arrival coincides with the early phase of Kenya’s Virtual Assets Service Providers Act of 2025, which came into effect on 4 November and set the first formal rules for crypto businesses.

Gaps in licensing

Local outlet Capital News confirmed that multiple malls in Nairobi had new machines installed, expanding beyond earlier attempts to introduce crypto ATMs in Kenya.

In 2018, The East African reported that BitClub deployed Bitcoin ATMs in the city, although the machines never reached mainstream retail spaces and adoption remained limited.

Kenya currently has two reported Bitcoin ATMs, making the latest installations notable for their placement in high-traffic commercial environments.

Regulators signal caution

The new law assigns oversight responsibilities to two regulators. The Central Bank of Kenya will handle payment and custody functions, while the Capital Markets Authority will regulate investment and trading activity.

However, the regulations required to begin licensing crypto firms have not yet been issued.

In a joint notice released on Tuesday, the Central Bank of Kenya and the Capital Markets Authority stated that they have not licensed any VASP to operate in or from Kenya under the new Act.

They also warned that companies claiming authorisation are doing so without approval.

The National Treasury is developing the regulatory framework that will decide when licensing can begin, placing operators in a temporary environment where the law exists but permissions do not.

This creates a visible gap. Bitcoin ATMs are entering public spaces even as regulators tell the public that no provider has met the requirements laid out in the law.

The contrast places pressure on authorities to clarify enforcement and could shape how crypto firms approach compliance in the near term.

Informal use grows

The spread of Bitcoin ATMs into high end malls highlights Kenya’s evolving crypto landscape.

Capital News reported that Bitcoin usage has long been active in lower income neighbourhoods such as Kibera, where residents use BTC as a form of banking in areas with limited access to formal financial services.

People have relied on crypto to store value without extensive documentation or traditional banking infrastructure.

The shift from informal areas to upscale malls suggests that consumer interest is expanding even while regulatory conditions remain unsettled.

The coexistence of visible infrastructure and incomplete licensing rules places Kenya at an early crossroads as it moves from a largely informal crypto market to a regulated one.

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• The licence covers 13 cryptocurrencies, including Bitcoin, Ether, USD,C and Tether.
• AMINA reported a 233% increase in Hong Kong trading volumes in early 2025.
• Hong Kong launched new stablecoin rules and approved a Solana ETF this year.

Hong Kong’s push to build a regulated digital asset market is drawing more interest from global financial institutions, and the latest example is Swiss crypto bank AMINA Bank AG securing approval to expand its services in the city.

The bank received a Type 1 licence uplift from the Securities and Futures Commission, which makes it the first international bank allowed to offer regulated crypto trading and custody to institutional clients in Hong Kong.

The move strengthens the city’s position as a regional digital asset hub and highlights rising demand for bank-grade crypto services among professional traders.

AMINA plans to use the approval to provide institutional users with a regulated route into cryptocurrencies at a time when clients are looking for stronger safeguards and clearer rules.

Hong Kong’s compliance standards have often limited the number of foreign institutions able to offer these services, which has left a gap in the market for firms with established banking frameworks.

AMINA’s entry aims to fill that gap while giving clients a regulated platform backed by traditional financial infrastructure.

AMINA expands in a fast growing market

The licence uplift allows AMINA’s Hong Kong subsidiary to offer trading and custody for 13 cryptocurrencies.

These include Bitcoin, Ether, USDC, Tether, and several leading decentralised finance tokens that are widely used across global exchanges.

The approval creates new opportunities for institutional clients looking for a single regulated venue with access to a curated list of major digital assets.

AMINA also reported a sharp rise in market activity.

The bank recorded a 233% increase in trading volume on Hong Kong crypto exchanges in the first half of 2025.

The increase points to stronger engagement from both institutional and retail segments, which are becoming more active as Hong Kong’s regulatory environment evolves.

The bank expects the new approval to support a wider product range.

It plans to expand into private fund management, structured crypto products, derivatives, and tokenised real-world assets.

These additions would place AMINA among the firms offering institutional clients diversified exposure across multiple types of digital assets.

Local players face new global competition

While AMINA is the first international bank to receive this specific licence upgrade, it enters a competitive market.

Hong Kong already hosts regulated local firms such as Tiger Brokers and HashKey, which serve institutional and retail clients under earlier permissions.

AMINA’s approval signals that the market is open to more foreign institutions, which could change competitive dynamics for both global and local providers.

Hong Kong officials have said on multiple occasions that attracting global firms is central to the city’s digital asset strategy.

AMINA’s arrival may encourage more banks and brokerages abroad to consider similar applications as they assess opportunities in Asia’s regulated crypto markets.

Policy changes shape Hong Kong’s crypto framework

AMINA’s approval arrives during a period of rapid policy development in the city.

Hong Kong introduced its new stablecoin rules in August, creating a formal licensing pathway for issuers.

Following this, major regional banks such as HSBC and ICBC indicated they were examining licence applications as part of their digital asset plans.

The city also approved its first Solana exchange-traded fund in late October.

The approval placed Hong Kong ahead of the US in allowing a regulated Solana ETF and added another product to its growing list of crypto-linked investment options.

Hong Kong tightened rules around self-custody of digital assets in August.

The change focused on improving cybersecurity protections and reducing risks tied to individual key management.

The decision was presented as a safety measure rather than a restriction on user access.

The combination of new rules and rising institutional interest has created an environment that is now attracting more global firms.

AMINA’s regulatory progress adds momentum to Hong Kong’s strategy of balancing strong compliance with market expansion.

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• Kiyosaki accused Wall Street of promoting paper assets that benefit insiders.
• He said gold, silver, and Bitcoin provide value outside institutional control.
• His Bitcoin forecast puts the price at $250,000 by 2026.

As volatility grips the crypto market again, Rich Dad Poor Dad author Robert Kiyosaki has stepped up in defence of Bitcoin and decentralised assets.

Amid renewed price swings and public doubt over digital currencies, Kiyosaki argued that Bitcoin remains a hedge against centralised financial systems and inflation.

He described it as “people’s money,” contrasting it with what he calls “fake money” issued by the US Federal Reserve and Treasury.

While Warren Buffett’s past criticisms labelling Bitcoin as “gambling” resurfaced online, it was Kiyosaki’s response that reignited debate across financial communities.

His message was clear: the fault lies not with crypto, but with a broken fiat system that he believes Wall Street continues to uphold.

Fiat risks and distrust in institutions

Kiyosaki has long rejected the idea that centralised institutions should be the backbone of wealth.

In his view, the real danger to investors is not Bitcoin’s volatility, but the ongoing reliance on a system driven by inflation and debt.

He warned that assets like stocks and bonds, frequently promoted by institutional investors, are just as vulnerable to collapse.

According to him, the core issue is trust. While traditional markets claim to offer safety, Kiyosaki sees them as tools that enrich the powerful while exposing regular people to risk.

This, he argues, is why decentralised assets like Bitcoin and Ethereum are gaining ground—they provide financial autonomy in an unstable environment.

He classifies gold and silver as “God’s money” and Bitcoin as “people’s money,” highlighting their independence from government control and printing presses.

With Bitcoin capped at 21 million coins, Kiyosaki says it offers protection that fiat currencies simply cannot match.

Kiyosaki’s challenge to the financial establishment

As Wall Street continues to sell institutional products, Kiyosaki is urging people to reconsider what really holds value.

He questioned how long investors can trust paper-based assets in a world where central banks can print currency without limits.

He emphasised that real-world necessities cannot be replaced with financial abstractions.

“You cannot live in a paper house, drive using paper fuel, or eat paper food,” he wrote, pointing to the artificial nature of fiat-based wealth.

By comparison, assets like Bitcoin offer a limited-supply, decentralised alternative that he believes is better suited to survive economic instability.

Bitcoin prediction and market direction

Amid the broader market uncertainty, Kiyosaki has also made a bold forecast. He predicts Bitcoin could reach $250,000 by 2026, a significant rise from its current level around $95,600.

While this projection is speculative, it aligns with his belief that decentralised assets will outperform as trust in fiat continues to erode.

Though Warren Buffett’s view of Bitcoin as speculative persists, Kiyosaki’s message offers a pointed challenge to the financial status quo.

His comments reflect a growing shift in investor sentiment, where control, transparency, and scarcity are seen as more valuable than institutional assurance.

The post Kiyosaki defends Bitcoin and warns Wall Street as crypto volatility returns appeared first on CoinJournal.

• Bitcoin Cash price is under selling pressure, testing support near $470.8 and $460.3.
• Bitcoin pullback and market fear amplify downside risks for the BCH price.
• Key resistance sits at $528.85, with potential upside if support holds.

Bitcoin Cash price has come under significant pressure in the past 24 hours, with BCH slipping to $491.09 following a series of technical setbacks and broader market weakness.

After failing to hold above the $530 resistance level, Bitcoin Cash (BCH) has seen selling momentum intensify, as a result of technical profit-taking and the influence of the Bitcoin price pullback.

Eyes are now on whether BCH can stabilise above critical support levels or if the selling pressure will push the cryptocurrency toward lower demand zones.

BCH struggles under resistance amid bear pressures

On November 13, Bitcoin Cash surged to $532 but faced rejection at the $530–$532 zone, failing to sustain a breakout.

The cryptocurrency’s inability to remain above the 200-day EMA at $510.56 led to a break below the crucial $515 support, triggering algorithmic sell orders.

Technical indicators such as the MACD, which remains below its signal line, have reinforced bearish momentum, while a close below the 61.8% Fibonacci retracement at $500.23 has invalidated the short-term bullish structure.

Traders should now watch closely for a reclaim of $515 to stabilise prices, although a drop below $480 could open the door to deeper corrections.

Bitcoin price pullback drags BCH lower

BCH had not been immune to the broader weakness in the crypto market.

However, Bitcoin’s rejection near $107,000 caused capital rotation away from riskier altcoins, with Bitcoin Cash (BCH) showing a 30-day correlation of 0.89 to Bitcoin (BTC).

This strong correlation amplified the downside, contributing to a 24-hour trading volume surge of 10.58% to $523 million as traders exited positions amid panic selling.

Market-wide risk aversion has further fueled the decline, with derivatives data showing a 4.58% drop in BCH futures open interest and overall spot volumes falling by more than 21%, reflecting low conviction across the market.

The Crypto Fear & Greed Index, sitting at 22, indicating “Extreme Fear,” has also intensified the bearish sentiment.

Bitcoin Cash price short-term outlook

On shorter timeframes, the 6-hour chart highlights heavy selling momentum as BCH nears critical support.

The immediate support around $470.8 is under pressure, with a notable demand zone at $460.3 potentially acting as a floor for buyers.

Resistance is positioned near $528.85, though the price has shown limited strength to test it.

A confirmed reversal pattern above 470.8 could prompt a retracement toward $528.85, but without clear bullish signals, further decline toward the 460.3 demand zone is likely.

Traders are advised to watch for momentum shifts before entering new positions, as failure to hold support could result in accelerated downside movement.

Longer-term resistance levels also frame the narrative for the BCH price.

According to market analysis, holding above $473.62 is crucial for any upward movement toward $493.23, and surpassing that could pave the way to $528.85, with $544.23 marking the third resistance target.

Conversely, if $473.62 fails to hold, BCH may slide toward the next support at $444.75, underscoring the importance of this critical level in guiding near-term market behaviour.

Traders and investors should keep a close eye on momentum shifts, as failure to hold key support could lead BCH toward lower levels, while maintaining stability could allow for a measured rebound.

For those tracking market dynamics, understanding the interplay between Bitcoin Cash price and broader crypto movements remains critical in anticipating potential swings and making informed decisions.

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