---
title: "1. Paypal is allowing US merchants to buy, hold, and sell cryptocurrencies directly from their Paypal business accounts. 2. Hong Kong"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/215250044.md"
description: "PayPal allows US merchants to buy, hold, and sell cryptocurrencies directly from their business accounts. The Hong Kong Securities and Futures Commission reported that the virtual asset trading revenue in the first half of the year reached 77 million Hong Kong dollars. Bitcoin mining difficulty has been reduced by 4.6%. Harris calls for the US to become a leader in blockchain. South Korea establishes a digital asset protection fund to assist users in recovering funds. The report shows that only 12% of new coin projects this year have seen an increase in coin prices. The US SEC has filed a lawsuit against Merrill Lynch, accusing it of profiting from market fluctuations"
datetime: "2024-09-26T02:45:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/215250044.md)
  - [en](https://longbridge.com/en/news/215250044.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/215250044.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/215250044.md) | [繁體中文](https://longbridge.com/zh-HK/news/215250044.md)


# 1. Paypal is allowing US merchants to buy, hold, and sell cryptocurrencies directly from their Paypal business accounts. 2. Hong Kong

1.  Paypal is allowing US merchants to directly buy, hold, and sell cryptocurrencies from their Paypal business accounts.
    
2.  The Hong Kong Securities and Futures Commission: Virtual asset trading activities in the securities industry generated a total of HKD 77 million in revenue in the first half of the year.
    
3.  Bitcoin mining difficulty was reduced by 4.6% to 88.4 T early this morning.
    
4.  Harris states that the US should become a leader in the blockchain field and reiterates support for digital assets.
    
5.  South Korea establishes a digital asset protection fund to assist in recovering funds for users of collapsed cryptocurrency exchanges.
    
6.  Report: Only 12% of new coin projects this year have seen an increase in coin price.
    
7.  Chainalysis CEO: Two-thirds of the transaction volume on the blockchain comes from stablecoins.
    
8.  Opinion: Some options traders are betting that Bitcoin will reach $100,000 by the end of the year or due to support for crypto comments from Harris.
    
9.  The SEC sues Merrill Lynch, accusing it of profiting from market fluctuations in client transactions.
    
10.  Bloomberg analyst: The current holdings of the US Bitcoin ETF have reached 83% of Satoshi Nakamoto's.
     
11.  Dogecoin founder: Did not participate in the development of any cryptocurrencies other than Dogecoin.
     
12.  Deribit: $5.8 billion in Bitcoin quarterly options expiring may trigger market fluctuations

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