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Today's key developments in the cryptocurrency world, including updates on a potential US-China trade agreement and the introduction of a new stablecoin in Kyrgyzstan.
WazirX, the Indian cryptocurrency exchange, has reopened after a prolonged shutdown, while the UK’s Financial Conduct Authority is intensifying its regulatory actions against unregistered exchanges such as HTX.
Speculations arise in the crypto community regarding Binance's potential return to the US market following a pardon granted to its founder, Changpeng Zhao, by President Trump.
Indian exchange WazirX reopens after resolving its year-long hiatus following a substantial hack, while UK regulators intensify scrutiny on crypto exchanges.
The HMRC has significantly increased its outreach to cryptocurrency traders, sending over 65,000 warning letters regarding undeclared capital gains last year.
GESPA has raised concerns over FIFA Collect, classifying its user reward system as gambling due to its elements of chance.
BlackRock is entering the stablecoin market through a newly redesigned money market fund, aligning with the GENIUS Act to offer a secure mechanism for stablecoin issuers.
A recent law in California aims to protect abandoned Bitcoin, allowing for potential recovery by owners. This new legislation reflects a growing understanding of cryptocurrency among legislators.
The European Union aims to promote euro-denominated stablecoins for better competition against US dollar tokens, following a surge in dollar-paired stablecoins in 2025.
The Federal Deposit Insurance Corporation will review regulations potentially affecting cryptocurrency firms in response to ongoing debanking allegations.
California’s SB 822 offers significant protections for unclaimed cryptocurrency, marking a notable shift in asset management.
The Bank of England's Deputy Governor has reiterated that proposed restrictions on stablecoins will be temporary to maintain system stability, despite industry concerns regarding innovation and growth.
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