After a massive hack in 2024, Indian crypto exchange WazirX is opening for business. Elsewhere, regulators like the UK’s Financial Conduct Authority (FCA) are tightening the screws on crypto exchanges.
The FCA has issued hundreds of warnings to unregistered crypto exchanges, including Justin Sun’s HTX.
In Russia, the finance ministry is reportedly preparing to introduce more regulations for the crypto industry.
On the flip side, European regulators are seeking additional sanctions on Russian cryptocurrency exchanges. From crypto to oil, EU officials are increasingly concerned with Russia evading sanctions over its war in Ukraine.
Despite losses at some companies, Bitcoin (BTC) treasuries are still gaining popularity. In the US, Hyperscale Data, a data services company, allocated $60…more
Source cointelegraph.com
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