Former Binance CEO Says China Will Build a Bitcoin Reserve
Changpeng Zhao, the former CEO of Binance, spoke at the Bitcoin MENA conference held in Abu Dhabi about the likelihood of China establishing a strategic reserve of Bitcoin.
Bitmain Expands Production Line to US
Bitmain, a leading manufacturer of Bitcoin mining hardware, has announced the expansion of its production line to the United States.
Czech Republic Puts Off Implementation of Tax on Crypto Gains
The Czech Republic has enacted a groundbreaking tax reform that will waive capital gains tax on Bitcoin and other digital assets held for more than three years, with the new policy taking effect on Jan. 1, 2025.
FSOC: Stablecoins Threaten Financial Stability
The United States Financial Services Oversight Council (FSOC) has expressed concern about the lack of adequate risk management standards in the stablecoin market.
British Regulator Bans Pump.fun in UK
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning regarding Pump.fun, a memecoin generator platform that is not authorized to operate in the country.
Australian Regulator AUSTRAC Cracks Down on Cryptocurrency ATM Providers
AUSTRAC is taking a strict approach towards cryptocurrency ATM providers in Australia who do not adhere to the country’s anti-money laundering regulations.
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.
