Gemini Reaches Agreement with CFTC
Gemini has agreed to a settlement of $5 million with the CFTC following a complaint regarding false and misleading information submitted while trying to establish the first US-licensed Bitcoin futures contract.
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Coinbase Gets a Key European License
Coinbase has acquired the Cyprus unit of BUX, which has now been rebranded as Coinbase Financial Services Europe.
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Japanese Firm Metaplanet to Increase BTC Reserves
Metaplanet has revealed plans to grow its Bitcoin treasury to 10,000 BTC by 2025.
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KuCoin Rolls Out a New Crypto Payment Solution
KuCoin has recently launched KuCoin Pay, a payment platform that aims to assist merchants in accepting transactions using cryptocurrencies.
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Binance Wins a License in Brazil
Binance has strengthened its position in Brazil after receiving regulatory approval to acquire Sim;paul, a licensed broker-dealer in the country.
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US Spot Ethereum ETFs See $2.6B Inflows in December
In December 2024, net inflows for Ether exchange-traded funds (ETFs) totaled $2.6 billion, marking eight consecutive weeks of positive inflows.
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China Implements Stricter Crypto Regulations
The Chinese State Administration of Foreign Exchange has introduced new regulations that require banks to identify and report high-risk transactions, specifically those associated with cryptocurrencies.
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Tether Moves $780M in BTC to Reserves
Tether has transferred approximately $780 million worth of Bitcoin into its corporate reserve — the largest transaction since March.
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