Australian Regulator Takes Legal Action Against Binance
According to regulators in Australia, retail customers of Binance were not covered by the same consumer protections as other risky derivatives investors, which resulted in significant losses.
Hong Kong Gives Approval to Four Exchanges
Hong Kong has approved four new cryptocurrency exchanges on Wednesday, as announced by the city’s securities regulator.
Judge Allows Coinbase to Delist Wrapped Bitcoin
On Wednesday, a federal judge denied the request for a temporary restraining order against Coinbase by BiT Global, a Hong Kong-based firm.
Bybit Will Stop Crypto Services in France in January
Bybit will cease offering withdrawal and custody services to users in France beginning January 8, 2025.
European Regulator Releases Final Guidance on MiCA
The European Securities and Markets Authority (ESMA) released its final guidance on Tuesday to aid member states in implementing upcoming regulations.
US Sanctions North Korea Digital Asset Laundering Network
The US Treasury Department has imposed sanctions on two individuals and one entity for their involvement in laundering cryptocurrencies for the North Korean Democratic People’s Republic of Korea (DPRK).
Lido Suspends Staking Services on Polygon Network
Staking protocol Lido has announced its plan to discontinue its products on Polygon in the upcoming months.
