The European Union's Markets in Crypto-Assets (MiCA) regulation, which came into full effect on December 30, 2024, continues to influence the crypto landscape. The regulation provides a comprehensive framework for crypto-assets and service providers within the EU, aiming to enhance consumer protection and market integrity.
China is currently grappling with the challenge of managing a substantial cache of cryptocurrencies seized from criminal activities, amidst a national ban on crypto trading. The absence of clear regulations has led to inconsistent handling of these digital assets by local governments, with some selling them through private companies to
In response to recent financial sanctions and the blocking of Russia-linked digital wallets containing over 2.5 billion rubles in USDT by Tether, a senior official at Russia's Finance Ministry has advocated for the development of domestically produced stablecoins. Osman Kabaloev, the deputy head of the ministry'
Kraken, a leading cryptocurrency exchange based in San Francisco, has laid off approximately 15% of its workforce—around 400 employees—as part of a strategic restructuring ahead of a planned initial public offering (IPO). This move comes under the leadership of newly appointed co-CEO Arjun Sethi, who joins Dave Ripley
Bhutan is harnessing its abundant hydropower resources to mine green cryptocurrencies, aiming to stimulate economic growth, provide employment, and curb youth emigration. The country's sovereign wealth fund, Druk Holding and Investments Ltd., has been investing in digital assets since 2019, using profits to pay government salaries. Officials plan