South Korea’s Democratic Party Pushes Forward with Crypto Gains Tax in 2025
Key Insights South Korea’s Democratic Party plans to implement crypto gains tax in 2025, raising the taxable threshold to 50…
Russia to Ban Cryptocurrency Mining in Select Regions Amid Power Concerns
Key Insights Russia plans to ban cryptocurrency mining in six North Caucasus and occupied Ukrainian regions from December 2024 through…
Coinbase to Delist Wrapped Bitcoin in December
Key Insights Coinbase will suspend Wrapped Bitcoin trading on December 19, 2024, citing unspecified listing standard failures. The delisting follows…
Nigeria Takes Legal Action Against Unlicensed USDT-Naira Traders
Key Insights Nigerian government files criminal charges against four crypto dealers and several firms for operating without proper licenses. Defendants…
Nigeria Court Freezes $548 Million In Crypto-Linked Accounts, Targets ByBit and KuCoin
Key Insights Nigeria’s EFCC secures court order to freeze $548,600 in bank accounts linked to crypto users on platforms like…
UK Proposes Landmark Bill to Legally Define Crypto Assets As Property
Key Insights UK government introduces bill to legally define crypto assets as property Proposed legislation would create a third category…
Ripple CEO: Stablecoin Launch Imminent, No U.S. IPO Plans
Key Insights Ripple to launch USD-pegged stablecoin (RLUSD) within weeks, currently in private beta. CEO Brad Garlinghouse rules out U.S.…
Qatar Financial Centre Unveils Digital Assets Framework
Key Insights Qatar Financial Centre introduces comprehensive “Digital Assets Framework 2024” Framework covers tokenization, property rights, custody, and smart contracts…
Web3 Firms on High Alert as FBI Reveals North Korean Hacking Tactic
Key Insights FBI warns of North Korean cybercriminals aggressively targeting web3 industry employees. Hackers use sophisticated social engineering tactics to…
Trump Endorses Sons’ DeFi Crypto Project, “The DeFiant Ones”
Key Insights Donald Trump has publicly endorsed a DeFi cryptocurrency project led by two of his sons, criticizing big banks…