What happened in Crypto the last 12hrs...?
Regulatory and Legal Developments
- Tether aids U.S. Department of Justice in seizing $6M in crypto-scam proceeds
- Japan to assess crypto regulation, with potentially lower taxes on the horizon
- Man pleads guilty to illegally operating a crypto ATM network in the UK
- OH Senator introduces bill to allow state and local taxes to be paid with Bitcoin and crypto per Watcher Guru
- Taiwan approves foreign crypto ETFs for professional investors
- Jerome Powell says he is not in a hurry to do another quick rate cut and will be guided by data per Infinity Hedge
Business Expansions and Investments
- Matrixport expands European footprint with acquisition of Crypto Finance AG
- ZA Bank becomes Hong Kongâs first virtual bank to obtain a Type 1 SFC licence
- Crypto billionaire Changpeng Zhao to invest in tech after prison
Meme Coins and Community Developments
- Founders of now-bankrupt Three Arrows Capital launch 3AC Memecoin
- Polymarket bettors will lose wagers on Eigen airdrop over 1-minute technicality per The Block
