Circle’s USDC Becomes First Stablecoin to Comply with Canada’s New listing Requirements
USDC has achieved compliance with Canada’s updated regulations for digital assets, making it the first of the top dollar-backed stablecoins to do so.
Trump Appoints Former PayPal COO David Sacks as Crypto Adviser
David Sacks, former operating chief of PayPal and current podcast host, has been chosen by President-elect Donald Trump as his primary policy advisor for artificial intelligence and cryptocurrency.
BitGo in Talks to Launch in India
BitGo is in discussions with India’s Financial Intelligence Unit (FIU) to enter the growing digital asset market in the country.
Binance.US Lists PEPE
Binance.US has recently added the popular memecoin Pepe to their list of available currencies,
Bitcoin Hits $100,000
On Wednesday, Bitcoin surpassed $100,000, capping off a successful year where it gained recognition from Wall Street as a legitimate new asset class.
Mining Pool Foundry Fires 60% of its Workforce
Bitcoin mining pool Foundry has announced significant layoffs affecting 60% of its workforce.
Bitget Rolls Out a New Trading Platform in Vietnam
Bitget has launched BitEXC, a trading platform tailored specifically for the Vietnamese market.
Grayscale Files for a Spot Solana ETF
The New York Stock Exchange’s exchange-traded product platform, NYSE Arca, has filed a 19b-4 form on behalf of Grayscale Investments, seeking approval from the US Securities and Exchange Commission (SEC) to launch a spot Solana ETF.
WisdomTree Files for a Spot XRP ETF with SEC
WisdomTree has submitted a registration statement with the SEC for a spot XRP exchange-traded fund.
BitGo Launches Services for Retail Users
BitGo has introduced a new retail platform which allows global access to its regulated services for the first time.
Coinbase Abandons Plans to Enter Turkey’s Market
Coinbase has announced its decision to withdraw from Turkey’s cryptocurrency market and is currently in the process of liquidating its local operations.
Japan’s DMM Bitcoin Exchange Will Close
DMM Bitcoin, a Japanese cryptocurrency exchange owned by DMM.com Group, is shutting down and preparing for liquidation.
South Korea Puts Off Crypto Tax
The National Assembly of South Korea has come to a consensus to postpone the implementation of a cryptocurrency tax until 2027.
XRP Overtakes USDT as Third Largest Crypto
The market capitalization of XRP has surpassed Tether’s stablecoin, making it the world’s third-largest cryptocurrency after Bitcoin and Ether.
Hong Kong to Exempt Wealthy Families and Hedge Funds from Taxes on Crypto Gains
Hong Kong is taking a progressive step towards becoming a more attractive and competitive financial hub by removing the capital gains tax on cryptocurrency investments.
