Key Takeaways The European Securities and Markets Authority (ESMA) is urging crypto asset service providers (CASPs) to take immediate action against stablecoins that do not comply with the European Union’s new Markets in Crypto-Assets Regulation (MiCA). On January 17, 2025,…
Key Takeaways El Salvador has once again increased its Bitcoin reserves, purchasing 12 Bitcoin in two transactions over two days. According to the National Bitcoin Office (ONBTC), the country acquired 11 Bitcoin on January 19, followed by one more on…
Key Takeaways South Korea’s Financial Services Commission (FSC) has initiated discussions on the second phase of its crypto regulatory framework, aiming to address gaps in the existing system and enhance investor protection. This was a key agenda item at the…
Key Takeaways Malaysia is taking steps toward developing a crypto regulatory framework. Prime Minister Datuk Seri Anwar Ibrahim recently engaged in discussions with officials from Abu Dhabi and Changpeng “CZ” Zhao, the founder of Binance, one of the world’s largest…
Key Takeaways Bankrupt crypto exchange, FTX, is preparing to distribute over $1.2 billion to its users. The repayments are part of a restructuring plan approved in October 2024, which outlines that users owed up to $50,000 in digital assets must…
Key Takeaways In a recent turn of events, a fake version of the ENA token was exploited on Binance Launchpool, resulting in the loss of 480 BNB, valued at around $290,000. This incident unfolded shortly after the introduction of Ethena…
Key Takeaways The Russian government has confiscated more than $10 million worth of Bitcoin from a former law enforcement official, marking the country’s largest bribery case involving crypto. The seized amount of 1,032.1 BTC belonged to Marat Tambiev, a former…
Key Takeaways Leading crypto exchange Bybit has announced a temporary suspension of its trading services in India, citing evolving regulatory requirements.As per the official announcement, from January 12 at 8:00 am UTC, Bybit will halt key services, including cryptocurrency trading,…
Key Takeaways The United States Commodity Futures Trading Commission (CFTC) has subpoenaed cryptocurrency exchange Coinbase as part of its investigation into the crypto-based prediction platform Polymarket. The subpoena, issued on January 8, 2025, requires Coinbase to provide customer information about…
Key Takeaways The International Monetary Fund (IMF) has urged Kenya to establish a clear regulatory framework for the crypto market, aimed at protecting consumers and addressing risks related to money laundering and terrorism financing. In a report published on January…
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