MAGACOIN FINANCE Secures $16.5M in Funding: Experts Predict 75x ROI Before Exchange Debut

The post Vietnam Closes Another 86 Million Bank Accounts appeared on BitcoinEthereumNews.com. Vietnam is planning to close 86 million unverified bank accounts by the end of the year under biometric laws.  Vietnam is preparing to close 86 million bank accounts that fail to meet biometric verification standards. The State Bank of Vietnam (SBV) confirmed that the move will take effect by September.  The decision comes as part of an effort to secure the country’s financial system, curb fraud and push toward a cashless economy. Why 86 Million Bank Accounts Will Be Closed Vietnam had around 200 million bank accounts as of last year. However, after biometric checks, only 113 million personal and 711,000 organisational accounts were found to have been valid.  This means that those who fail to update records will be shut down permanently. Vietnam just froze 86m bank accounts because account holders didn’t comply with new biometrics laws that require a face scan or fingerprint for account verification. If users don’t comply by the 30th they’ll lose their money. This is why we bitcoin. https://t.co/hIK30vn1XR — Marty Bent (@MartyBent) September 18, 2025 The SBV said accounts without verified biometric data are highly vulnerable to scams. In other words, closing them is necessary to protect users and prevent abuse by fraud rings. Recent police reports showed cases where AI-driven facial spoofing helped criminals launder money through fake accounts. Account holders are now facing stricter requirements. They must provide facial biometric scans not only to register accounts but also for online transfers above 10 million VND (about $379).  Transactions over 20 million VND (or $758) require extra checks. Vietnam’s Push Toward a Cashless Economy The closures are part of Vietnam’s plan to promote digital payments. The SBV said non-cash transactions hit $11.57 trillion last year, which is more than 26 times the national GDP.  Mobile banking and QR code payments saw growth…

VanEck files for the first U.S. Lido Staked ETH ETF, offering regulated exposure to Ethereum staking and bridging DeFi with traditional finance. VanEck has filed a registration statement with the SEC. This filing is for the proposed “VanEck Lido Staked ETH ETF.” If it were to be approved, this would be the first U.S. ETF […] The post ETF News: VanEck Files for First U.S. Lido Staked ETH ETF appeared first on Live Bitcoin News.

The post Consensys CEO hints at imminent MetaMask token launch appeared on BitcoinEthereumNews.com. Key Takeaways Consensys CEO Joe Lubin has hinted at an imminent launch of a MetaMask token, reigniting community speculation. MetaMask is widely used with over 30 million monthly active users and supports access to Ethereum and compatible decentralized apps. Consensys CEO Joe Lubin hinted at the imminent launch of a MetaMask token today, building on years of speculation about a native digital asset for the popular crypto wallet. MetaMask, a widely used cryptocurrency wallet and browser extension, has grown to serve over 30 million monthly active users worldwide. The wallet enables access to decentralized applications on Ethereum and compatible networks. Rumors of a MetaMask token have circulated since 2021. The potential token follows a trend where wallet providers introduce native assets to decentralize governance and reward user participation. Consensys, a blockchain software company focused on Ethereum-based tools, powers significant portions of Ethereum’s infrastructure through MetaMask and its Infura service. The company supports billions in transaction volume across layer-2 networks including Linea and Base. Recent MetaMask integrations include wallet-native stablecoins and payment cards, reflecting efforts to make crypto more accessible to mainstream users. These developments align with broader industry trends toward rewarding token holders and expanding ecosystem participation. Source: https://cryptobriefing.com/consensys-ceo-hints-at-imminent-metamask-token-launch/