Key Takeaways Frankfurt-based digital exchange 21X has obtained a license to operate a blockchain-based trading and settlement platform under EU regulatory oversight. The license, granted by Germany’s financial regulator BaFin, comes under the EU’s Distributed Ledger Technology Pilot Regime (DLTR),…
Key Takeaways Brazil’s Central Bank (Banco Central do Brasil, BCB) has put forward a regulatory proposal to limit the transfer of stablecoins, such as Tether’s USDt, to self-custodial wallets. Announced on November 29, 2024, the public can provide feedback on…
Key Takeaways Decentralized exchange (DEX) Clipper recently confirmed a security breach that led to a loss of approximately $450,000. The incident, which occurred on December 1 exploited a vulnerability in the withdrawal functionality of its protocol. Initial speculation about a…
Aptos (APT) is a Layer-1 blockchain platform focused on scalability, security, and adaptability. Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price…
Key Takeaways Russia’s Federation Council has passed a significant new bill that outlines a taxation framework for digital currencies, following a similar approval in the State Duma. The law imposes a 13%–15% personal income tax on crypto sales. As per…
Key Takeaways Leading crypto lending platform, XT Exchange, recently reported a security breach that resulted in $1.7 million in digital assets getting drained. As per blockchain security firm PeckShield, the stolen funds were swiftly converted into 461.58 Ethereum, valued at…
Key Takeaways Bankrupt crypto exchange, Celsius Network has announced a second distribution of $127 million to eligible creditors. As per a recent court filing, the payout will cover creditors across various classes, including retail depositors, users of the “Earn” program,…
Key Takeaways A new bill introduced in Brazil’s Congress on November 25 by Congressman Eros Biondini seeks to establish a Sovereign Strategic Bitcoin Reserve, referred to as RESBit. The proposal aims to integrate Bitcoin into Brazil’s national financial reserves, potentially…
Key Takeaways On November 26, the U.S. Fifth Circuit Court of Appeals ruled that the U.S. Treasury Department had overstepped its legal authority by sanctioning Tornado Cash’s immutable smart contracts. The case centers around Tornado Cash, a decentralized privacy protocol…
Key Takeaways On November 25, Chief U.S. District Judge Kristine Baker issued a temporary restraining order (TRO) blocking the enforcement of two Arkansas laws targeting foreign ownership of digital asset mining operations and property. The laws, Act 636 of 2023…
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