Pakistan Establishes National Crypto Council for Regulation
Pakistan establishes the Pakistan Crypto Council to regulate the crypto sector and integrate it into the national financial ecosystem.
Russia Utilizes Crypto for Oil Exports to China and India
Russia is using cryptocurrencies such as Bitcoin, Ethereum and Tether to facilitate oil exports to China and India, circumventing Western sanctions.
SEC May Drop Ripple Lawsuit Soon
The SEC may withdraw its lawsuit against Ripple. According to sources, the change in leadership and new regulatory strategies could favour XRP.
Abu Dhabi's $2B Investment in Binance
MGX, Abu Dhabi's sovereign wealth fund, invested $2 billion in Binance, marking the largest institutional investment in the cryptocurrency sector to date.
New Canadian PM Opposes Crypto Industry
Mark Carney, the new Prime Minister of Canada, is not a supporter of cryptocurrencies. His past as a central banker worries the industry.
Hacker Returns $5M Stolen From 1inch: Funds Recovered
1inch recovered $5 million stolen in a hacker attack on its smart contracts. An agreement with the hacker enabled the return of the funds.
Hong Kong Coin Scam: Fake CEO in Crypto Fraud
A fake account on X impersonated Hong Kong CEO John Lee Ka-chiu, announcing the launch of a non-existent cryptocurrency, deceiving users and causing financial losses.
White House Crypto Summit: Toward New Regulations
On 7 March 2025, the White House will host a crypto summit with industry leaders to discuss new regulations and the creation of a strategic cryptocurrency reserve.
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