Ethereum Vs. Solana: Arthur Hayes Picks His Winner For This Cycle

AUSTRAC has mandated Binance Australia to hire an external auditor due to significant deficiencies in its Anti-Money Laundering controls.

Editor’s Note: This development is crucial as it highlights regulatory scrutiny over cryptocurrency exchanges, emphasizing the importance of robust financial controls to prevent illicit activities.

Ripple plans to launch its RLUSD stablecoin in Japan by 2026, partnering with SBI VC Trade to facilitate distribution.

Editor’s Note: This expansion into Japan is significant for Ripple as it strengthens its presence in the Asian market and showcases the growing acceptance of cryptocurrencies in traditional finance.

South Korea's leading banks are reportedly in discussions with Tether and Circle to explore partnerships related to stablecoins. This move could enhance the country's digital finance landscape.

Editor’s Note: This matters because stablecoins are becoming increasingly important in the global financial system. By collaborating with major players like Tether and Circle, South Korean banks could strengthen their position in the digital currency market and offer innovative financial solutions.

The Department of Justice (DOJ) is reconsidering its approach to prosecuting developers. This shift could impact ongoing and future cases in the industry.

Editor’s Note: This matters because it may change the legal landscape for developers, potentially reducing the number of prosecutions and altering how the industry operates. Stakeholders will be watching closely to see how this affects accountability and regulation.

Gemini has received a MiCA license from the Malta Financial Services Authority, allowing it to expand its crypto services across Europe. This move is expected to enhance its operations and customer reach in the region.

Editor’s Note: This development is significant as it marks a step forward for Gemini in the European market, providing more regulatory clarity and opportunities for growth in the rapidly evolving crypto landscape.