Two leading cryptocurrency companies are nearing approval for EU-wide operating licenses under the new Markets in Crypto-Assets (MiCA) regulation. However, regulators are divided over the pace of license approvals, with some expressing concerns about potential risks like fraud and market instability. The discussions underscore the challenges of governing the multi-trillion-dollar crypto sector, which remains under scrutiny for its potential to facilitate illicit activities if not properly supervised.
about EU Crypto Licenses Spark Regulatory DebateCryptocurrency Exchanges
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Toobit Emerges as Top Low-Fee Crypto Exchange in 2025
In 2025, Toobit has emerged as a leading crypto exchange by offering some of the lowest trading fees in the industry, with maker and taker fees as low as 0.01%. The platform combines affordability with a streamlined, beginner-friendly interface and advanced security measures, including AI-powered threat detection and cold wallet storage. Its community engagement and innovative features, such as copy trading and DeFi integrations, further solidify its appeal. As traders prioritize cost-efficiency, usability, and trust, Toobit stands out as a top contender in the crowded crypto exchange market.
about Toobit Emerges as Top Low-Fee Crypto Exchange in 2025Coinbase Data Breach Sparks KYC Debate in Crypto
A major data breach at Coinbase has exposed the personal information of 70,000 users, including government-issued ID photos and home addresses. The breach occurred after illicit actors bribed overseas customer service agents in December 2024. The incident has fueled criticism of KYC requirements, with figures like pseudonymous developer Banteg arguing that such measures often benefit hackers and extortionists. The scandal has prompted calls to reconsider or abolish KYC systems in licensed cryptocurrency exchanges, citing privacy and security concerns.
about Coinbase Data Breach Sparks KYC Debate in CryptoBitcoin Reserves on Exchanges Hit 6-Year Low as Firms Accumulate
Bitcoin (BTC) reserves on exchanges have dropped to roughly 2.6 million BTC, the lowest since November 2018, as publicly traded companies accelerate their purchases. Fidelity Digital Assets attributes this trend to institutional investors moving BTC off exchanges for long-term holding, with over 425,000 BTC withdrawn since November. Notably, Strategy, co-founded by Michael Saylor, has acquired 285,980 BTC—81% of the 350,000 BTC bought by public firms. Asian companies like Japan’s Metaplanet and Hong Kong’s HK Asia Holdings are also adopting similar Bitcoin treasury strategies. Fidelity, a key player in institutional crypto adoption, manages the Fidelity Wise Origin Bitcoin Fund, one of the first U.S.-approved spot Bitcoin ETFs.
about Bitcoin Reserves on Exchanges Hit 6-Year Low as Firms AccumulateUN Warns Crime Syndicates Use Crypto for Illicit Operations
A new UNODC report highlights how organized crime syndicates, particularly in Southeast Asia, are leveraging cryptocurrency and blockchain technology to fuel multibillion-dollar operations. These groups have diversified into unlicensed exchanges, stablecoins, and online gambling platforms to launder money and evade authorities. The UN warns of the spillover into other regions and calls for stronger international cooperation and regulatory frameworks to combat these activities. The report underscores the growing sophistication of these criminal networks, which reinvest illicit profits to expand their influence globally.
about UN Warns Crime Syndicates Use Crypto for Illicit OperationsUS Prosecutors Plan to Search Do Kwon’s Social Media and Emails
US prosecutors are set to search Do Kwon’s Twitter and email accounts as part of their criminal case against him, expecting to uncover “multiple terabytes of data.” Kwon faces nine felony charges, including a recently added money laundering conspiracy, following his extradition from Montenegro. This case parallels that of Sam Bankman-Fried, who was also extradited and faced a superseding indictment in the US.
about US Prosecutors Plan to Search Do Kwon's Social Media and EmailsCFTC Chairman Rostin Behnam Announces Resignation and Bitcoin Regulation Efforts
CFTC Chairman Rostin Behnam plans to resign from his position on January 20, with his departure from the commission set for February 7. Behnam, who advocated for the agency to become the primary regulator of Bitcoin and oversee cryptocurrency exchanges, expressed pride in the commission’s resilience amid various financial challenges.
about CFTC Chairman Rostin Behnam Announces Resignation and Bitcoin Regulation EffortsThe Impact of Regulations on the Future of Cryptocurrency Markets
As cryptocurrencies gain mainstream traction, the push for regulation is intensifying, promising enhanced transparency and security for users. While regulations can legitimize the industry and attract institutional investors, they may also hinder innovation and complicate entry for new startups. Establishing clear operational rules for exchanges is essential to curb fraud, protect consumer assets, and foster trust in the cryptocurrency market, ensuring its sustainable growth.
about The Impact of Regulations on the Future of Cryptocurrency MarketsNew Crypto Regulations Set to Impact Industry in Coming Years
New regulations in the US and EU will require cryptocurrency brokers and exchanges to report transactions to the government, aiming to combat tax evasion. The rules are expected to impact buying habits and product availability in the industry, with potential fines for non-compliance.
about New Crypto Regulations Set to Impact Industry in Coming YearsGermany Sells 750 BTC, Drops to Fifth in Global Holdings
Germany has sold off 750 BTC, reducing its global government Bitcoin holdings and dropping to fifth place. The government transferred 250 BTC to Bitstamp and Kraken, totaling approximately $46.35 million.
about Germany Sells 750 BTC, Drops to Fifth in Global Holdings