Starting from November 1, 2026, Binance will adjust the cryptocurrency deposit and withdrawal procedures for Brazilian users to comply with Resolution 521/2025 of the Brazilian Central Bank. When users send or receive encrypted assets outside of Brazil, they need to provide the transfer purpose and confirm the identity of the other party. The relevant requirements apply to foreign trading platforms and self custodial wallets, and transfers within Brazil are not affected. If the counterparty is not an authorized institution in the Brazilian foreign exchange market, the maximum limit for each transaction is $100000, which can be increased to $500000 in the future. Failure to provide information will result in withdrawal being unable to be submitted or recharge pending processing. This adjustment does not involve Travel Rule.

According to data from the US Bureau of Labor Statistics, in September, the US information industry lost 10000 jobs, financial activities lost 7000 jobs, and the professional and business services industry lost 9000 jobs. The impact of artificial intelligence on employment is still unclear.

The CEO of BitGo stated that there are significant risks associated with cryptocurrency one-stop service platforms such as Coinbase, whose structure is similar to the situation before the collapse of Lehman Brothers, and the lack of regulation has led to a weak market structure. (Source: The Block)

Federal Reserve officials believe that the labor market is not a source of inflationary pressure, with average hourly wages increasing by 0.1% month on month and 3% year-on-year in September, lower than market expectations of 3.2%. (Source: The New York Times)

After the release of non farm payroll data in the United States, Bitcoin rose to $87000 at one point, but has now fallen back to $86700, with a intraday increase of over 3%. AI interpretation: Non farm employment data, as a core indicator for measuring the vitality of the US economy, has directly reshaped market expectations for monetary policy. The strong performance of the job market has weakened the necessity for the Federal Reserve to aggressively cut interest rates, with funds flowing into risky assets to hedge against the uncertainty brought about by an economic soft landing. Bitcoin, as a highly volatile asset, quickly reflected the market's repricing of the liquidity environment through price jumps after macro data was released. This market trend reflects the high sensitivity of the cryptocurrency market to macroeconomic indicators in the United States, and investors are responding to valuation fluctuations caused by macroeconomic policy shifts by allocating digital assets.