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Gold breaks above $4,600 as Trump-driven uncertainty fuels safe-haven demand worldwide.

Powell probe heightens rate and liquidity fears, pushing investors deeper into gold trades.

Australia benefits as gold lifts exports, taxes, and RBA reserves, reviving old sale focus.

Gold is surging as policy uncertainty spikes in the United States. Investor risk appetite has weakened as President Donald Trump’s actions generate fresh volatility. This week, the gold price pushed above $4,600 per ounce for the first time ever. That breakout signals rising demand for safety as global markets brace for unstable headlines.

According to a report, political risk climbed after a wave of aggressive signals from Trump this month. A military incursion into Venezuela and the capture of its leader were ordered, according to the text. Readiness to “take” Greenland was also announced publicly. Warnings were issued toward Cuba, Colombia, and Mexico as well.

Gold Jumps as Powell Probe Fuels Rate And Liquidity Fears

Domestic uncertainty deepened after Trump directed the Justice Department to investigate Federal Reserve Chair Jerome Powell. Tension around monetary policy often hits markets fast because it impacts rates and liquidity. Reports also described Trump appearing to fall asleep during meetings. 

Uncertainty remains the key market driver in this environment. Traders struggle to price risk when policy direction changes without clear rules. Even though economic policy uncertainty has eased since last year’s tariff chaos, the level remains far above normal. It is still about three times higher than when Trump won the election in November 2024, based on the provided text.

Momentum has been extreme compared with past crisis cycles. The metal is up roughly 73% versus levels seen when Trump took office 14 months ago. That climb has been faster than during the COVID-era panic.

Historical comparisons show few rivals to the speed of this run. Post-9/11 moves were slower than the current rally, according to the same source material. The only faster rises were linked to the 1973 OPEC crisis and the 1979 oil shock after the Iranian revolution. 

Crypto traders recognize the same mechanics in their own markets. Sudden risk events usually force capital into safety trades. In digital assets, that could mean stablecoins or Bitcoin dominance spikes. In traditional finance, gold still carries the most established crisis hedge reputation.

Related: Venezuela Turns to USDT as Stablecoins Bypass Sanctions

Australia is benefiting indirectly from the rally. The country is the third-largest gold producer globally. Rising bullion prices increase the value of its gold exports. Stronger export numbers could lift national income and improve trade performance.

Gold Boosts Australia’s Taxes and RBA Reserves as Old Sale Draws Scrutiny

Tax receipts are rising alongside mining profits. Gold firms generate higher margins when the price climbs this aggressively. Australia’s mid-year economic and fiscal outlook noted the change. Corporate tax revenue was lifted by $4.3 billion for 2025–26, driven partly by higher bulk commodity and gold prices.

Direct gains are also appearing on the central bank balance sheet. The Reserve Bank of Australia holds around 80 tonnes of gold. Appreciation increases the value of reserve assets. Such gains strengthen headline reserve numbers even without any new purchases.

Reserve valuation has already jumped sharply. RBA gold assets rose from $9.6 billion in December 2024 to $15.7 billion last month. That marks a 64% increase. A record-high valuation is now on the books.

Long-term strategy is also back in focus due to the rally. In 1997, the RBA sold about two-thirds of its gold holdings. A total of 167 tonnes was sold from the 250 tonnes it held. Treasurer Peter Costello supported the move at the time.

Arguments for the sale centered on weak gold performance and a global trend of central bank selling. Costello said reinvested proceeds should yield higher annual profits than holding bullion. Short-term market cycles made the decision look smart for a while. 

Gold’s record push reflects how global capital reacts when narratives turn unstable. Risk assets thrive on predictable policy and clear signals. Safe havens win when uncertainty dominates. That pattern now looks active again, and gold is taking the lead even as crypto continues to grow as a competing hedge.

The post Are Investors Betting on Gold as Liquidity Risks Grow? appeared first on Cryptotale.

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ASTER trades just below $0.76 as volume jumps following Binance Wallet futures integration

Futures volume and open interest rise together, pointing to fresh positions entering the market

Support holds near $0.72, while higher liquidity reduces downside risk during consolidation

ASTER is consolidating just beneath a level that has repeatedly stalled advances, following a sharp pickup in activity tied to new derivatives access. In the recent past, narrower price movements could be observed, with the coin staying below its previous peaks despite the increased volumes, which is indicative of accumulation rather than momentum chasing.

Currently, ASTER is priced at approximately $0.7455, which is a decline of roughly 4.15% for the day. Over the past week, the token’s price has ranged between $0.6823 and $0.7817, while its 30-day view remains roughly 8% lower. The daily pullback has been modest, but the underlying data shows a market that is far more active than the price alone would imply.

According to CoinMarketCap data, ASTER’s trading volume surged 129.63% to roughly $384 million in the last 24 hours. That increase exceeded the broader crypto spot volume rise of 122.69%, pointing to demand concentrated around this token rather than a general market swell. The timing places the focus squarely on recent ecosystem developments rather than sentiment alone.

Futures Activity Signals Fresh Exposure

Derivative metrics tell a similar story. Data from CoinGlass shows futures trading volume rising 46% to about $859 million, while open interest climbed 2.15% to $456 million. The combination matters. Rising volume alongside higher open interest typically reflects new positions entering the market, not just traders shifting or closing existing bets.

Source: CoinGlass

Meanwhile, key levels remain intact. Support has developed near $0.72, where bids have absorbed recent weakness. Overhead, resistance around $0.78 continues to cap upside attempts. Yet, if that ceiling is cleared with follow-through, the next area of interest sits between $0.80 and $0.97, based on recent trading ranges rather than longer-term projections.

Source: TradingView 

The scale of the volume increase also improves near-term liquidity conditions. That tends to limit sharp dislocations and can help prices hold together during periods of consolidation. The fact that activity growth outpaced the wider market adds weight to the view that accumulation is asset-specific.

Binance Wallet Integration Expands Reach

Notably, a key driver behind the surge in activity appears to be the January 14 integration of Aster’s perpetual futures into Binance Wallet. The update allows users to trade perpetual contracts directly from the wallet while retaining custody of their assets. The rollout was accompanied by a 200,000 USDT reward campaign aimed at accelerating early usage.

You can now trade Perpetual Futures on Binance Wallet (Web) – provided by @Aster_DEX .

Earn Aster points when you trade.

Participate in an exclusive campaign for Binance Wallet users, share up to 200,000 USDT in rewards!

Start now https://t.co/5uaL7fpBSI pic.twitter.com/Ko2fOfbbNb

— Binance Wallet (@BinanceWallet) January 14, 2026

The integration effectively opens derivatives access to a much broader audience within the Binance ecosystem. Lower friction, combined with incentives, often translates into higher participation, particularly from traders who prefer to operate within a single interface. In this case, the timing aligns closely with the jump in both spot and futures metrics.

In practical terms, the added functionality also increases the token’s role within the trading stack, where it can be used for fees or collateral. That links activity more directly to utility rather than short-term narrative interest.

Related: Why ENA Soared 18%: Key Drivers Explained With Technical Analysis

Technical Structure Draws Analyst Attention

Not to leave out, market analyst Captain Faibik pointed to a constructive technical setup in a chart shared on January 15. The daily chart highlights a falling wedge formation, with price compressing between descending trendlines after a prolonged period of pressure.

Source: X

According to the projection marked on the chart, a confirmed breakout from the upper boundary could open the way toward the $1.65 region. From the area near $0.75, that would represent a significant 119 percent gain. The analyst described the current range as the last accumulation phase within that broader structure before a mega bullish rally. 

For now, the market remains focused on nearer-term levels. Resistance around $0.76 and support near $0.72 continue to define the trading landscape, while elevated volume suggests participants are positioning ahead of a clearer directional move rather than reacting after the fact.

The post ASTER Price Steadies as Binance Wallet Launch Lifts Sentiment appeared first on Cryptotale.

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NYC Token crashed by nearly 80% within an hour, leading to rug pull allegations.

EX mayor Adams team denied moving funds as on-chain data showed $3M withdrawals.

One-sided liquidity design allowed USDC movements, raising transparency concerns.

Former New York City Mayor Eric Adams is denying allegations tied to a sharp collapse of the NYC Token, a Solana-based memecoin launched Monday. The token lost nearly 80% within its first hour, leading to claims that $3.4 million in liquidity was withdrawn. 

Adams Team Pushes Back as On-Chain Claims Spread

Shortly after the NYC Token launch on Monday, the token surged to a market cap near $580 million. However, prices fell sharply within 30 minutes, wiping out hundreds of millions in value. As the drop accelerated, crypto analysts began tracking wallet activity tied to the token’s deployer.

Notably, blockchain data flagged a withdrawal of roughly $3 million in USDC liquidity near the market peak. This movement coincided with the steep price decline. As a result, accusations of a potential rug pull spread rapidly across X.

In response, Todd Shapiro, a spokesperson for Eric Adams, issued a firm denial on Wednesday. “To be absolutely clear: Eric Adams did not move investor funds,” Shapiro said. He also stated Adams did not profit from the token launch.

Shapiro further insisted that no funds were removed from the NYC Token liquidity pool. He described the allegations as false and unsupported by evidence. According to him, market volatility caused the sudden price collapse.

However, scrutiny intensified as analysts compared those claims with on-chain records. Data suggested that about $1.5 million was later added back after prices had already fallen more than 60%. Roughly $900,000, however, did not return.

Liquidity Rebalancing Statement Raises Questions

As scrutiny continued, earlier posts from the NYC Token’s official X account resurfaced. The team stated it had “rebalanced the liquidity” due to strong launch demand. It also said additional funds were added to the liquidity pool afterward.

However, that explanation appeared to conflict with Shapiro’s assertion that no funds were removed. Analysts highlighted the token’s launch structure. The NYC Token reportedly used a one-sided liquidity pool containing only the token itself. As buyers entered using USDC, liquidity accumulated fast.

Reportedly this setup allowed developers to withdraw USDC without selling tokens directly. That method, some noted, can mask large exits during peak demand. Blockchain analytics platform Bubblemaps also flagged a wallet linked to the deployer. The wallet withdrew around $2.5 million during the surge. 

While some funds returned later, the timing raised concerns. Meanwhile, Delaware records show that an entity called C18 Digital is associated with the project. The company was incorporated on December 30, 2025, shortly before the token launch.

Related: Eric Adams’ NYC Token Surges, Then Crashes Over 80%

Civic Pitch, Market Fallout and Current Trading Levels

Despite the controversy, Adams has continued to frame the NYC Token around civic goals. In interviews, including with FOX Business, he said proceeds would support education programs. He also cited scholarships for underserved New York City students.

Adams also said funds would help raise awareness around antisemitism and anti-Americanism. However, details on fund management or nonprofit distribution remain undisclosed.

Shapiro said the token’s performance has not changed Adams’ position. He added that Adams remains committed to responsible innovation and emerging technologies. Market data shows limited recovery. 

More than $400 million in market value has been erased since that high. Trading has remained flat since the initial collapse, with volume significantly reduced. The episode has renewed attention on politically branded tokens. For now, Adams’ team continues to deny wrongdoing, while on-chain activity remains under review.

The NYC Token launch combined fast price appreciation, sharp liquidity movements and public denials from Eric Adams’ team. On-chain data shows large withdrawals, partial returns and unresolved gaps. As trading stabilizes at lower levels, questions around structure, disclosures and fund handling remain central.

The post Eric Adams Denies Liquidity Pull After NYC Token 80% Crash appeared first on Cryptotale.

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India froze $1.3 million  in property and cryptocurrency assets under PMLA rules.

The fraud operation combined fake land sales with cryptocurrency return promises.

Authorities traced $3.2 million in crime proceeds across cash, property, and tokens.

India’s financial crime watchdog has frozen assets worth about $1.3 million, including cryptocurrency, as part of a wider $3.2 million investment fraud probe involving land and digital tokens. The Enforcement Directorate, operating through its Chandigarh Zonal Office, confirmed the action on January 13, 2026, under the Prevention of Money Laundering Act.

Officials said the move followed an investigation into a scheme that combined fraudulent land sales with promises of high cryptocurrency returns, affecting roughly 20 investors.

India Freezes $1.3M in Crypto-Linked Fraud Case

India’s Enforcement Directorate (ED) has frozen assets worth about $1.3 million, including cryptocurrencies, in a $3.2 million investment fraud case, according to @UEEx_official.

Authorities said the assets—seized under the… pic.twitter.com/K2MWuR5J2a

— ME Group (@MetaEraHK) January 15, 2026

Enforcement Directorate Moves to Secure Assets

The Enforcement Directorate said it provisionally attached movable and immovable properties valued at Rs. 10.86 crore under the Prevention of Money Laundering Act, 2002. According to the agency, the attached assets include residential flats and land worth about Rs. 6.06 crore, alongside cryptocurrency holdings valued at roughly Rs. 4.79 crore.

In an official statement, the agency said, “The Directorate of Enforcement (ED), Chandigarh Zonal Office has provisionally attached movable and immovable properties worth Rs. 10.86 Crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in a land fraud case.”

Investigators disclosed that the seized digital assets mainly consisted of Ramifi tokens stored across multiple crypto wallets linked to the accused. The agency added, “The investigation leads to attachment of Flat & land worth Rs. 6.06 Crore and cryptocurrencies lying in the crypto wallets in the shape of Ramifi Tokens worth Rs. 4.79 Crore.”

Details of the Alleged Fraud Scheme

The case originated from a First Information Report filed by the Haryana Police against Sandeep Yadav and his associates. Authorities allege the group sold land plots fraudulently while simultaneously luring victims with claims of guaranteed cryptocurrency profits.

Investigators said victims transferred funds after assurances of unusually high returns from combined property and digital token investments. During the probe, officials estimated that about 20 individuals suffered financial losses through the scheme.

The Enforcement Directorate stated, “During a detailed financial investigation, it was found that Sandeep Yadav and his associates allegedly cheated around 20 people… by luring investors with promises of unusually high returns through cryptocurrency investments.”

Officials assessed the total proceeds of crime at Rs. 26.54 crore, equivalent to about $3.2 million. Authorities stated that the accused routed funds through third-party bank accounts, withdrew large amounts in cash, and later used the money to acquire property and crypto assets.

Related: India Tightens Crypto KYC As Nigeria Links Trades To Tax IDs

Ongoing Investigation and Wider Context

The Enforcement Directorate stated that the individuals concerned are habitual criminals and reiterated that the probe is still active. The agency’s intention behind attaching assets is to secure them from being moved or sold off while the court proceedings are under the PMLA law.

The authorities clarified that provisional attachment is a means of preserving the value of the alleged proceeds of crime until an adjudicating body goes through the case. This measure is part of the larger initiative by the Indian government to combat financial crimes connected with cryptocurrency in conjunction with traditional fraud cases.

In the past few months, the law enforcement agencies have been freezing not only bank accounts but also crypto wallets in similar investigations connected with digital assets. These matters frequently involve the use of cryptocurrency along with conventional asset fraud to hide money trails, thus attracting more attention from investigators.

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India ranked first globally in 2025 crypto adoption driven by retail use and remittances.

Asia-Pacific was fastest growing region as India, Vietnam and Pakistan fueled volumes.

Mobile payments, remittances and youth demographics sustained India’s crypto scale.

India ranked first in global crypto adoption in 2025, according to report released during the year. The ranking looked at how people actually use crypto, including transaction volumes and everyday participation across major economies. India came out on top due to widespread retail use, strong remittance activity, and heavy reliance on mobile crypto apps while the Asia-Pacific region saw fast growth in 2025.

India’s Adoption Metrics Set the Global Pace

India ranked first on the Global Crypto Adoption Index in 2025 with a top score of 1.000, placing it ahead of every other country in overall crypto adoption. Back in 2023, about 93.5 million people in India owned some form of cryptocurrency, the largest number of users anywhere. Even though this represents just 6.33 percent of the population, India’s massive population size pushed it ahead of every other country globally.

The United States ranked second with an index score of 0.671 and 52.9 million crypto owners. In the U.S. crypto use runs deeper, with about 15.15 percent of people owning digital assets, largely thanks to strong interest from big investors and institutions. 

Pakistan followed with a 0.619 score, while Vietnam, Brazil, and Nigeria filled out the rest of the top six. Nigeria ranked sixth overall and topped Africa, with around 13.3 million people using crypto, or 5.47 percent of its population. 

Vietnam stood out for a different reason: more than one in five people there, about 20.5 percent, own crypto. These differences show that countries are turning to crypto for very different reasons, which naturally brings the focus back to India’s unique strengths.

Asia-Pacific wass the fastest-growing crypto region through June 2025. Regional on-chain activity increased 69 percent year over year. Total transaction volume rose to $2.36 trillion from $1.4 trillion mainly driven by India, Vietnam, and Pakistan.

North America processed over $2.2 trillion in crypto transactions while Europe exceeded $2.6 trillion. However, Asia-Pacific growth outpaced both regions. This growth context explains why India’s domestic dynamics mattered so strongly.

Grassroots Usage and Infrastructure Fuel India’s Lead

Crypto use in India is mostly about daily money needs, not quick trading bets. A big reason is remittances, since Indians abroad send home over $100 billion every year. Using crypto can be faster and cheaper than banks or money transfer services.

Economic pressure also matters. A study by IIM Bangalore found that families who expect prices to keep rising are more likely to turn to Bitcoin and stablecoins. Low returns on savings and an unstable currency have pushed people to look for other options.

India’s digital setup makes this easier. More than 800 million people use smartphones, mobile internet is affordable, and digital payments are already normal. The UPI system processes over 10 billion transactions each month.

Because of this, crypto use has spread beyond major cities into wider parts of the country. 75 percent of crypto activity originated from Tier-2, Tier-3, and Tier-4 cities. This geographic spread shows sustained grassroots participation rather than concentrated urban trading.

Uttar Pradesh accounted for 13 percent of invested value, surpassing Maharashtra. Lucknow recorded a fivefold rise in Ethereum trading. Pune and Jaipur also saw sharp growth in Solana and Ethereum volumes.

Related: India Tightens Crypto KYC As Nigeria Links Trades To Tax IDs

Demographics, Regulation and Exchange Activity

As per Mexc report, over 50 percent of India’s population is under 30 years old. Notably, 72 percent of Indian crypto investors are under 35. Gen Z represents 37.6 percent, while millennials account for 37.3 percent.

The average investor age rose from 25 to 32, indicating market maturation. Women make up about 12 percent of crypto investors, which still translates to millions of people. Participation is higher among certain groups, especially IT professionals and freelancers who earn money from overseas clients.

India’s crypto platforms are built to handle this demand. CoinSwitch has more than 25 million users, CoinDCX serves over 16 million, and WazirX had reached 15 million users before its 2024 security breach. Since 2023, all exchanges have been required to register with FIU-IND and follow know-your-customer rules.

Crypto taxes in India are strict. Any profits are taxed at a flat 30 percent, and every transaction also carries a 1 percent tax deducted at source. According to Giottus CEO Vikram Subburaj, the TDS reduced high-frequency trading and encouraged longer holding periods.

Regulation is fragmented but defined. Crypto in India is allowed to buy, sell, and hold, but it’s not treated as official money. Rules are still being worked out, and different agencies like the Finance Ministry, RBI, FIU-IND, and possibly SEBI are involved in oversight as the full framework develops.

India ranks first in crypto adoption thanks to widespread usage, activity across the country, and steady transaction growth through June 2025. Strong demographics, rising interest across Asia-Pacific, and access to regulated exchanges helped drive this. India also has the world’s largest crypto user base, powering much of the region’s growth.

The post India Leads Global Countries in Crypto Ownership Worldwide appeared first on Cryptotale.

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Silver overtakes Nvidia as the world’s second-largest asset amid tight supply levels.

Physical silver shortages drive retail limits, mint delays, and widening premiums across markets.

Industrial demand from energy, AI, and networks reshapes silver’s role in the global economy.

Silver has overtaken Nvidia to become the world’s second-largest asset by market value, trailing only gold. The shift reflects surging prices, tight physical supply, and growing industrial demand that now places silver at the center of global markets.

Data from companiesmarketcap.com shows silver with a market capitalization of about $4.9 trillion. With about $4.4 trillion, Nvidia is currently in second place. Gold remains far ahead, with a valuation above $31.9 trillion.

Source: companiesmarketcap

Silver prices have climbed sharply over recent weeks. On January 12, spot silver crossed $86 per ounce. Prices continued rising and reached new record highs soon after. Silver futures also surged. The rally confirmed earlier expectations that silver could surpass major equities.

As prices rose, signs of strain appeared in physical markets. U.S. retailers began limiting customer purchases. Costco capped buyers at ten units of 10-ounce silver bars per day. The retailer applied similar limits to 1-ounce bars. It also ended refund options for these products. Social media users reported even tighter limits in some locations.

Some stores reportedly allowed only one bar per customer. These restrictions signaled unusually strong demand for physical silver across retail channels.

Shortages also affected official mints. The U.S. Mint delayed the release of its 2026 American Silver Eagle coin. Officials moved the launch from January to February 26. The Mint confirmed limited quantities for the 1-ounce proof coin. Subscriptions for the release sold out ahead of time. The delay added to concerns about supply tightness.

Meanwhile, traders reported elevated premiums in physical markets. Some cited premiums near $82 per ounce. These levels far exceeded lower exchange spot prices. Such gaps pointed to stress in the physical supply chain. Producers and regulators, however, have not issued formal warnings.

Shortages Drive New Market Dynamics

Silver’s rise reflects more than investor demand. The metal plays a growing role in modern industry. Its unique conductive properties make it essential across several sectors. Green energy remains a major driver. Solar panels rely heavily on silver components. Electric vehicles also use large amounts of the metal.

Telecommunications add further pressure. Fifth-generation networks require silver for reliable signal transmission. Annual industrial use now exceeds global jewelry demand. Technology trends also support higher consumption. Artificial intelligence systems depend on high-precision electrical components. Robotics uses similar materials for sensors and circuits.

Silver rallies have historically coincided with advancements in technology. In the 1970s, electronics fueled demand. In the 2000s, digital devices expanded usage. Analysts see similarities to past cycles today. AI, automation and energy transitions create sustained industrial needs. These forces reshape silver’s position in global markets.

Related: As Gold and Silver Signal Fear, Crypto Rises in Financial War

At the same time, financial markets adjust to silver’s new ranking. The metal now sits behind gold as the most valuable asset globally. It also outranks major technology companies. Moneycontrol earlier reported silver’s climb toward second place. The recent data confirmed that projection. Market capitalization figures now reflect the shift.
Silver currently trades near $89.2 per ounce. Its market value stands close to $4.98 trillion. Industrial demand and supply limitations continue to have an impact on prices. Traders continue tracking retail limits, mint schedules and premium spreads. These indicators offer insight into physical availability. They also influence short-term price movements.

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Ripple pursues MiCA and CASP licenses to align fully with EU crypto regulatory standards.

The company now holds over 75 licenses, spanning the US, EU, Asia, and the Middle East.

Ripple pursues MiCA and CASP status as part of a global push for licensed crypto services.

Ripple has secured early approval for an Electronic Money Institution license in Luxembourg. This marks a key step in its plan to expand regulated blockchain payments across Europe. The decision came from the Commission de Surveillance du Secteur Financier, which issued an initial clearance that moves the company closer to serving financial institutions across the European Union under a single framework.

In a press release, Ripple said the Luxembourg approval strengthens its cross-border payments setup in the region. The preliminary authorization allows the firm to advance through the remaining stages of the licensing process.

Path to EU Payments License

The regulator’s “Green Light Letter” confirms that Ripple has met the initial regulatory conditions tied to the EMI process. With that confirmation, the firm can now work toward securing full authorization. Once complete, Ripple would be able to provide regulated end-to-end payment services to clients across EU markets.

Ripple linked the progress in Luxembourg to its broader effort to upgrade payment infrastructure. Its platform is designed to support payments that run continuously rather than in restricted daily batches.

Monica Long, president of Ripple, said Europe’s regulatory progress has played an important role in that shift. She noted that the European Union was among the first major jurisdictions to introduce a comprehensive framework for digital assets. According to Long, that clarity has helped financial institutions consider blockchain for large-scale deployment rather than small-scale pilots.

Long added that Ripple’s payments platform is built to handle the complete flow of value for its users. That structure is aimed at releasing capital that remains tied up in traditional settlement channels. The company views this capability as an advantage when working with institutions that manage high volumes of cross-border transactions.

Related: Ripple Launches $1B SPAC Plan to Strengthen XRP Liquidity

Cassie Craddock, managing director for the United Kingdom and Europe, highlighted Luxembourg’s rise as a center for financial innovation. She said that trend has made the country attractive for firms that are building regulated blockchain infrastructure. Ripple is using the location as a launch point for reaching customers in the wider European market.

The Luxembourg development follows several other regulatory milestones for Ripple. The company previously received authorization from the UK Financial Conduct Authority. It also obtained approval from the Monetary Authority of Singapore to expand payment services in Asia, which it expects will support the use of its stablecoin offering in the Asia-Pacific region.

MiCA Compliance

Ripple is now seeking authorization under the European Union’s Markets in Crypto-Assets framework. The company aims to secure a crypto asset service provider license to align fully with MiCA rules. It expects that status to support long-term operations across EU member states.

According to Ripple, the latest approvals add to a portfolio of more than 75 regulatory authorizations worldwide. Those include money transmitter licenses in forty-three US states and territories, as well as permissions in Singapore, Dubai, and the Cayman Islands. Some authorizations were obtained through acquired entities such as Layer2 Financial and Hidden Road.

Ripple has also expanded in the United Arab Emirates. The company entered the UAE market after receiving clearance from Dubai’s Financial Services Authority to offer payment services. It views Dubai as a major international hub that supports cross-border financial activity.

In a related regulatory development from the broader digital asset sector, the Office of the Comptroller of the Currency announced that it had conditionally approved five national trust bank charter applications. 

Firms named in that announcement included BitGo, Fidelity Digital Assets, and Paxos. The new charters will join a group of around sixty national trust banks overseen by the federal banking regulator.

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KB Kookmin Card patents stablecoin payments that link cards with blockchain wallets.

Stablecoins pay first from the wallet, then the system charges the remaining amount to the card.

South Korea’s stablecoin rules advance as banks debate issuance and pilots expand.

KB Kookmin Card, a unit of South Korea’s largest financial group, has filed a patent for a stablecoin-based payment technology. The application describes a hybrid system that connects existing credit cards with blockchain wallets. The company said the design could let customers spend stablecoins while still using familiar card infrastructure. 

According to the report, the patent covers a method that links a user’s credit card to a blockchain wallet address. After the wallet is registered, the card could be used alongside stablecoins held inside that wallet. The process is designed to work within the current payment flow. KB said it wants digital asset payments to feel like standard card payments.

Stablecoin-First Payments With Card Backup

Under the proposed system, stablecoin balances in the wallet would be used first when a purchase is made. If the wallet does not hold enough stablecoins, the remaining amount would be charged to the credit card. This automatic switching is central to the patent structure. 

KB said the system is meant to reduce friction for stablecoin use. It also keeps the existing card benefits in place, including rewards programs and protections tied to credit card payments. The company said it expects this approach to help stablecoins expand beyond niche crypto platforms. 

A KB Card executive said the patent creates a technical foundation for safer and easier digital asset payments. The executive added that future use of the technology would depend on regulatory and market conditions. KB also said consumer protection would remain a priority. 

The patent arrives during active policy work on stablecoins in South Korea. Under President Lee Jae Myung’s policy push, the country is preparing a regulatory framework called the Digital Asset Basic Act. The plan is expected to support a local won-pegged stablecoin market. 

In June, KB Kookmin Bank was among the first entities to file applications for stablecoin-related trademarks. The move followed growing public signals from regulators and lawmakers in support of won stablecoin initiative. The filings indicated early positioning by major institutions. 

South Korea’s Stablecoin Rules

The regulatory debate has centered on which entities would be allowed to issue stablecoins. Reports said the Bank of Korea and the Financial Services Commission agreed that issuance would likely be led by a consortium of licensed banks. Supporters see this as a way to control risk and ensure compliance. 

Related: KakaoBank Advances Plans for a KRW-Backed Stablecoin

Lawmakers from the ruling party reportedly criticized a structure that concentrates issuance among banks. They argued that restricting issuers could prevent newer firms from building payment products. This dispute reflects wider tension between stability and open competition. 

The Digital Asset Basic Act is expected to be finalized in the first quarter of this year. The framework is designed to clarify rules across the digital asset sector. Stablecoins are a central focus because they are viewed as payment tools rather than only trading assets. 

In December, South Korean payments company BC Card concluded a pilot program on stablecoin payments. The test focused on how foreign consumers could pay South Korean merchants using stablecoins. The goal was to assess practical integration and transaction stability. 

BC Card said the pilot involved blockchain financial firm Wavebridge, wallet provider Aaron Group, and remittance company Global Money Express. The participants tested workflows that fit into existing merchant processes. The pilot also used BC Card’s current approval and settlement system. That allowed payments to be completed in the same manner as standard card transactions.

Stablecoin-based payments are also being explored through cross-border products. In July, Bangkok Bank and South Korea’s BC Card partnered on QR payments between Thailand and South Korea. Users of the Paybooc app can make QR payments in Thailand, with transactions processed using real-time exchange rates. 

The post South Korea’s KB Card Seeks Patent For Stablecoin Credit Card appeared first on Cryptotale.

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Ethereum co-founder says scaling upgrades now make the original Web3 vision practical.

Vitalik Buterin highlights Fileverse as evidence that decentralized apps can meet daily user needs.

The decentralization renaissance depends on apps surviving without their original developers.

Ethereum co-founder Vitalik Buterin has renewed attention on the original Web3 goal of building permissionless decentralized applications. On January 14, he published a post on X that revisited Ethereum’s 2014 plan for a broader alternative web built on open protocols. He also argued that the supporting technology stack has matured enough for the daily-use of decentralized applications.

In 2014, there was a vision: you can have permissionless, decentralized applications that could support finance, social media, ride sharing, governing organizations, crowdfunding, potentially create an entire alternative web, all on the backs of a suite of technologies.… pic.twitter.com/ihU9qOrXfG

— vitalik.eth (@VitalikButerin) January 14, 2026

2014 Blueprint

Buterin described a 2014 vision that grouped several technologies into one coherent platform for decentralized software. He framed Ethereum as the “world computer” that gives applications shared state and programmable accounts. He also pointed to messaging and storage layers that can handle tasks a blockchain cannot handle efficiently.

In that design, Whisper served as a data layer for messages that do not need consensus, while Swarm targeted long-term file access. Buterin said Whisper has since evolved into Waku, which now supports applications such as Status and Railway. 

He also referenced IPFS as a reliable way to retrieve content, while noting that retrieval alone does not guarantee durable storage. He said that gap still leaves room for better storage solutions.

Ethereum Scaling Progress

Buterin used the post to connect Ethereum’s current roadmap to early scaling promises. He cited Ethereum’s move to proof of stake and said the network now uses less energy than in the proof-of-work era. He also said the ecosystem has lowered typical user costs, and he argued that upcoming work can push costs down further.

He highlighted zero-knowledge EVM systems and PeerDAS as key tools for scaling. In his framing, those components help realize the earlier “sharding” goal by expanding data availability and supporting more transactions at lower cost. 

He also pointed to Layer 2 networks as another scaling path that can improve throughput and confirmation speed for specific applications. He said L2s can add speed gains on top of core protocol upgrades.

Related: Vitalik Buterin Wants Ethereum to Survive Without Him

User Control and The “Walkaway Test”

Buterin cited Fileverse, a decentralized documents product, as an example of how teams can assemble the stack into a usable service. He said the app uses Ethereum and Gnosis Chain for names, accounts, and permissions, while it relies on decentralized messaging and file storage to sync document changes. He also said the project has improved usability enough that he now uses it for writing and collaboration.

He emphasized what he called the “walkaway test,” which measures whether users can keep access to data and continue using a tool even if the original developers stop maintaining it. He linked that test to open-source recovery tools that aim to let users retrieve and edit documents without depending on a single company. He contrasted this with products that require recurring subscriptions or centralized logins. He argued that users should “buy” digital tools once and retain control.

Buterin’s message linked the 2014 vision to a practical benchmark for new decentralized applications. He said early dApps felt like toys and demanded far more effort than Web2 services. He said today’s stack reduces that gap, especially for collaboration tools. His post positioned durability, permissionless access, and data portability as core requirements for the next wave of Web3 products in the market.

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Pakistan explores a regulated digital dollar path with a Trump-linked crypto platform.

World Liberty Financial plans to USD1 use inside Pakistan’s formal payment rails system.

Stablecoin talks align with Pakistan’s push for remittance speed and cash reduction

Pakistan has entered a strategic partnership with World Liberty Financial, a cryptocurrency firm linked to the family of U.S. President Donald Trump, to explore digital dollar payments. The agreement focuses on using a dollar-pegged stablecoin within Pakistan’s financial system. Officials and analysts say the move reflects closer financial engagement between Pakistan and the United States while signaling wider state interest in dollar-linked digital assets.

Under the arrangement, Pakistan plans to work with World Liberty Financial to integrate its USD1 stablecoin into regulated payment channels. The stablecoin is backed by U.S. dollars and targets a one-to-one peg with the U.S. currency. According to Reuters, the token will operate alongside Pakistan’s existing digital payment and currency initiatives.

Pakistan partners with Trump-linked World Liberty Financial !

Pakistan is exploring WLF’s #USD1 stablecoin for cross-border payments as CEO @ZachWitkoff visits Islamabad to finalize the deal, marking one of WLF’s first sovereign-level partnerships.#Pakistan #Trump… pic.twitter.com/PMmtmpLoJq

— CryptoTale (@cryptotalemedia) January 14, 2026

The partnership emerges as Pakistan advances policies to modernize payments and manage cross-border flows. Remittances remain a key source of foreign exchange for the country. Digital payment tools have become central to those policy efforts.

Integration Plans and Official Engagements

The agreement includes plans to integrate USD1 into Pakistan’s regulated digital infrastructure. This integration will take place alongside the country’s central banking framework. Officials have prepared for the token to operate within the broader financial ecosystem.

The announcement is expected during a visit to Islamabad by World Liberty Financial’s chief executive, Zach Witkoff. He is scheduled to meet officials from Pakistan’s finance ministry and central bank. Authorities have not yet issued public statements on the deal.

While details around SC Financial Technologies remain limited, the firm maintains links to World Liberty Financial. Officials continue preparations ahead of the formal announcement. The process aligns with Pakistan’s stated interest in digital financial innovation.

Stablecoins and Regulatory Context

Interest in stablecoins has grown as dollar-pegged tokens gain visibility worldwide. In the United States, supportive regulatory signals have increased industry activity. Pakistan refined its own digital economy strategy, monitoring these developments. 

World Liberty Financial was launched in September 2024 with support from Trump family affiliates. The firm built USD1 as part of a wider decentralized finance ecosystem. USD1 targets institutional use cases such as cross-border payments and settlements. In parallel, World Liberty Financial has sought regulatory clarity in the United States.

One subsidiary applied for a National Trust Bank charter with the Office of the Comptroller of the Currency. The submission is intended to be subject to federal supervision of the issuance and custody of USD 1. 

Related: Pakistan’s Quiet Bid to Become South Asia’s Tokenization Hub

Wider Effects and Worldwide Movement

Market players view regulatory and geopolitical issues as the main result of the government-backed stablecoins’ usage.  Some people suggest that there may be a connection between the influence of politics and significant business actions.  However, these worries are still an issue in the overall discussion about digital currencies.

 World Liberty Financial has expanded its activity beyond Pakistan. A Reuters report in October said the project boosted income tied to the Trump Organization. Foreign entities contributed to that increase during the first half of last year.

In May, MGX, an Abu Dhabi state-controlled investment firm, used the World Liberty stablecoin to buy a $2 billion stake in Binance, Reuters reported. The transaction added visibility to the stablecoin’s institutional use.

It also drew attention to its cross-border settlement role. Pakistan has pursued digital currency projects to reduce cash usage and improve remittance efficiency. The central bank governor said in July that a digital currency pilot was in preparation.

Legislation to regulate virtual assets is also nearing completion. As regulators worldwide advance stablecoin frameworks and pilot digital payment systems, analysts track rising acceptance of dollar-linked digital assets. Will sovereign adoption of stablecoins reshape global payment infrastructure?

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Kraken-backed KrakAcquisition files $250M Nasdaq SPAC targeting crypto infrastructure.

SPAC structure offers investor protections while pursuing payments and tokenization firms.

Filing aligns with Kraken IPO plans and broader shift toward regulated crypto listings.

Kraken-backed KrakAcquisition has filed with the U.S. SEC to raise $250 million through a Nasdaq-listed SPAC. The filing outlines a plan targeting crypto infrastructure companies. The move involves Kraken affiliates, Tribe Capital and Natural Capital, aiming to access regulated capital markets through a structured IPO route.

SPAC Filing Outlines Structure and Market Intent

KrakAcquisition registered as a Cayman Islands exempted company and plans to offer 25 million units priced at $10 each. Each unit includes one Class A ordinary share and one-quarter of a redeemable warrant, exercisable at $11.50 per share. If approved, the units will trade under the ticker KRAQU on the Nasdaq Global Market.

Notably, Santander will serve as the sole book-running manager for the offering, according to the SEC filing. The SPAC disclosed no selected merger target and confirmed no substantive discussions with potential partners. However, the filing states an intended focus on digital asset infrastructure, including payments, settlement, and tokenization platforms.

This structure follows standard SPAC protections, with proceeds held in trust pending a completed business combination. Investors retain redemption rights if they reject a proposed merger within an 18- to 24-month window. According to the filing, Class A shares and warrants may later trade separately as KRAQ and KRAQW.

Kraken Personnel and Parallel IPO Plans

While KrakAcquisition operates independently, Kraken maintains direct involvement through management participation. Sahil Gupta, who has led Kraken’s strategic initiatives since late 2024, will serve as the SPAC’s chief financial officer. Meanwhile, Robert Moore, Kraken’s vice president of strategy and corporate development, will join as a director after the offering.

The filing clarifies Kraken holds no contractual obligation to complete any business combination. However, the SPAC expects Kraken’s participation to support diligence, regulatory navigation, and operational assessment. According to the filing, this support would occur without additional compensation.

Alongside the SPAC effort, Kraken continues preparations for its own public listing. The exchange confidentially filed a draft Form S-1 with the SEC in November seeking to list its common stock. That registration remains under review and cannot proceed until the SEC declares it effective.

Notably, Kraken raised $800 million last year at a reported $20 billion valuation, with backing from Tribe Capital. The exchange also completed several acquisitions, including tokenization firm Backed Finance and futures platform NinjaTrader. These actions align with Kraken’s stated goal of expanding across multi-asset financial services.

Related: Kraken Secures $800M to Support Global Growth and New Products

Infrastructure Focus and Regulated Market Shift

KrakAcquisition’s investment thesis is on companies building core digital asset infrastructure. The filing references payment networks, blockchain systems, compliance tools, and tokenization platforms as priority areas. According to the document, the SPAC may pursue deals in any sector but intends to concentrate on digital assets.

The filing mentions worries about inflation and points to Bitcoin as a decentralized way to store value. Still, it presents this in the context of building infrastructure, not promoting an investment asset. It also outlines risks such as unclear regulations, price swings, and the difficulty of finding the right merger partners.

This filing comes after a wider surge in crypto-related companies going public last year. Circle Internet shares rose 167% post-IPO, while Gemini shares declined roughly 10%. Meanwhile, Bullish shares gained about 8% following its public debut.

Earlier this week, BitGo filed for a separate $200 million IPO, citing $104 billion in assets under custody. The SEC has pushed companies with heavy crypto involvement to be more open and detailed in what they disclose. These rules are increasingly influencing how crypto-focused firms enter U.S. public markets.

KrakAcquisition’s filing explains a regulated route that connects private crypto infrastructure to public investors. Its use of a SPAC, aligned leadership, and plans to list on Nasdaq show Kraken is taking a careful, step-by-step approach. The filing places this move alongside Kraken’s own IPO ambitions and other recent crypto listings that follow U.S. regulatory rules.

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Supreme Court set to rule on the legality of Trump tariffs imposed under emergency trade powers.

Trump warns adverse ruling could force massive repayments and disrupt investment flows.

Markets await decision as prediction data shows low odds Supreme Court upholds tariffs.

The US Supreme Court is set to rule on President Donald Trump’s global tariffs, putting his trade policy under intense legal scrutiny. The court scheduled January 14 as an opinion day. That timing signals a possible decision on the tariffs’ legality.

Trump first imposed the tariffs in April 2025. He applied them to imports from most global economies. Now, businesses, investors, and governments await the outcome. Markets worldwide remain on edge ahead of the ruling.

Prediction markets also reflect uncertainty. Polymarket data shows just a 28% chance that the court upholds the tariffs.

Source: Polymarket

Trump has warned that an adverse ruling would cause severe economic disruption. On January 12, Trump posted on Truth Social. He described an unfavorable decision as catastrophic for the country. Trump said the United States would owe massive repayments. He claimed refunds could reach hundreds of billions of dollars.

He also referenced private investments linked to the tariffs. Trump argued those figures push total exposure into trillions. According to Trump, such costs would overwhelm the nation. He said repayment would prove nearly impossible.

Supreme Court Review Puts Tariff Authority in Question

The Supreme Court heard oral arguments on the case in November. Several justices expressed doubts during that session. At issue lies Trump’s use of emergency powers. He relied on the 1977 International Emergency Economic Powers Act.

Trump declared a national emergency tied to the US trade deficit. He cited national security as justification. Critics challenged that interpretation. They argued the law does not support broad tariff authority.

Lower courts have already weighed in. A federal appeals court ruled in August that most tariffs were unlawful. That ruling followed a lawsuit from US businesses. The firms said the tariffs harmed operations and raised costs.

The Supreme Court now holds final authority. Its decision could affirm or overturn earlier judgments. If the court strikes down the tariffs, legal consequences could follow. Companies may seek refunds for past payments.

The federal government collected about $200 billion more in tariff revenue during 2025, paid by importing firms.

Trump disputes the narrow focus on tariff revenue. He emphasized investment decisions tied to trade barriers. He argued companies built US factories to avoid tariffs. He included those expenditures in his warning.

However, Trump did not provide a calculation method. He also did not cite official data supporting the trillions estimate. Some pledged investments remain incomplete. Several firms have delayed or scaled back announced projects.

Related: Trump-Backed World Liberty Expands Stablecoin Lending Market

Markets Brace for Global Impact

The Supreme Court session takes place on Wednesday morning Eastern Time. Traders expect volatility regardless of the outcome. A ruling in Trump’s favor could preserve the tariff framework. That outcome would maintain current trade costs. A ruling against him could force policy changes. It may also trigger new trade negotiations.

Foreign governments continue monitoring developments. Many economies face tariffs under the existing regime. Businesses have also adjusted supply chains. Some shifted sourcing to reduce exposure. Others absorbed higher costs.

Legal experts note the broader implications. The ruling could redefine executive authority over trade. It could also shape future emergency power claims. Congress may face pressure to clarify the law.

Trump framed the case as a national security issue. He warned of chaos if the court intervenes. He said financial responsibility would stretch across years. He questioned whether repayment would even be possible.

For now, uncertainty dominates. Firms worldwide await clarity from the court. The decision could reshape US trade policy. It may also influence global economic stability in the months ahead.

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Singapore Gulf Bank now offers always-on USD clearing through JPMorgan Wire 365.

Wire 365 allows nonstop payment access across weekends, holidays, and time zones globally.

The partnership strengthens cross-border liquidity flows between Asia and the Gulf.

Singapore Gulf Bank has opened a correspondent banking account with J.P. Morgan, gaining direct access to its USD clearing network through Wire 365. The move strengthens cross-border payments for clients operating across the Middle East, Asia, and global markets. Based in Manama, the digital bank operates under regulation from the Central Bank of Bahrain and focuses on continuous international money movement.

The arrangement allows Singapore Gulf Bank to process USD payments every day of the year. Clients are able to accept and allocate funds coming in even on weekends and public holidays without being restricted by normal cut-off times. Such a system allows for quicker settlements and better liquidity planning for companies with international exposure.

𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 𝗚𝘂𝗹𝗳 𝗕𝗮𝗻𝗸 𝗵𝗮𝘀 𝗯𝗲𝗰𝗼𝗺𝗲 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗯𝗮𝗻𝗸𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗠𝗘𝗡𝗔 𝗿𝗲𝗴𝗶𝗼𝗻 𝘁𝗼 𝗶𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 @jpmorgan 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀’ 𝗪𝗶𝗿𝗲 365 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻.

This service enables USD clearing 365 days a… pic.twitter.com/eDgZn3c6zc

— Singapore Gulf Bank (@SGB_app) January 13, 2026

The financial institution confirmed that the collaboration was a factor in the increased speed, certainty, and security of USD transactions. Moreover, it was in line with the growing need for unceasing access to cross-border liquidity throughout the different time zones. 

Wire 365 Removes Time Barriers

Wire 365 enables near real-time USD clearing throughout the calendar year. Singapore Gulf Bank said the service improves service availability by eliminating weekday-only processing windows. As a result, clients gain more flexibility to meet payment obligations when markets stay open.

The system also supports improved liquidity management across global corridors. By allowing funds to move without delay, businesses can optimize working capital cycles. This approach reduces friction in international settlements that depend on precise timing.

Singapore Gulf Bank stated that Wire 365 fits within its broader digital banking strategy. The bank aims to combine continuous settlement with secure payment infrastructure. This integration supports clients relying on rapid and predictable USD flows.

Executives Frame Strategic Expansion

Ali Moosa, Executive Vice Chairman of Singapore Gulf Bank, said the collaboration strengthens its role between Asia and the Gulf. He noted that access to J.P. Morgan’s network gives clients a reliable route for USD clearing. The bank views the relationship as a step forward for digital banking across the Gulf Cooperation Council.

Nawaf Humood, Executive Director at J.P. Morgan Payments, said the firm welcomes the collaboration. He described the partnership as support for innovation within Bahrain’s financial sector. The service reflects growing demand for advanced payment solutions among digital banks.

J.P. Morgan Payments is a major player in the payments industry, handling daily transactions of more than $10 trillion in 160 countries and 120 currencies. The platform’s global infrastructure allows it to process thousands of transactions every second. Such a scale creates a reliable depth in the correspondent relationship.

Related: Crypto.com Expands SGD, USD Rails in Singapore With DBS

Integrating Global and Digital Rails

The correspondent account is an addition to Singapore Gulf Bank’s payment systems, which already include its proprietary SGB Net infrastructure. The bank provides omnichannel solutions by utilizing a combination of traditional clearing rails and real-time settlement tools. Customers can handle their global liquidity through a single integrated framework.

Singapore Gulf Bank has been able to offer a wide range of services in banking, digital asset management, and stablecoin settlement. It is a well-funded institution that supports Whampoa Group and Mumtalakat, the sovereign wealth fund of Bahrain. This financial backing enhances its ability to provide cross-border services.

The collaboration between the two banks is a sign of a shift towards an always-on banking infrastructure. The institution’s ability to provide continuous clearing and correspondent access has become a determining factor in its response to global trade. Singapore Gulf Bank is taking a step towards meeting the expectations of such clients, with the facilitation of constant USD settlement being one of its strategies.

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El Salvador launches Bitcoin Country passport to boost tourism and daily BTC use.

Passport offers up to 10% discounts at hotels and merchants accepting Bitcoin payments.

Program links Bitcoin adoption with national branding and lifestyle incentives tourism.

El Salvador unveiled its “Bitcoin Country” passport program this week, extending its Bitcoin strategy into tourism and daily commerce. The initiative offers holders up to 10% discounts at participating vendors. Officials introduced the program to encourage Bitcoin use, attract visitors, and reinforce national branding through everyday incentives.

How the Bitcoin Country Passport Is Designed to Work

Unlike a traditional passport, the Bitcoin Country passport does not enable international travel. Instead, it functions as a branded identification or membership document tied to local benefits. According to details shared online, holders can access discounts at participating businesses across El Salvador.

Notably, those discounts can reach up to 10% when customers transact with merchants supporting Bitcoin payments. The structure aims to reward both consumers and businesses already using crypto-friendly payment systems. As a result, the program connects spending habits directly to Bitcoin adoption.

Officials have not published a complete vendor list so far. However, early participation appears focused on hotels, restaurants, and tourism-related services. These sectors already serve visitors drawn by El Salvador’s Bitcoin policies, creating a natural entry point for the program.

Linking Bitcoin Adoption With Tourism and Identity

Since El Salvador made Bitcoin legal tender in 2021, it has tried different ways to bring it into daily life. At first, the focus was on wallets, remittances, and payment systems. The new passport idea shows a shift toward lifestyle and identity, not just payments.

Instead of only pushing transactions, the passport mixes national branding with everyday perks. Officials say it is both symbolic and practical, giving people a clear way to show they are part of the country’s Bitcoin community. In this way, Bitcoin becomes part of normal, everyday experiences.

Tourism authorities have also been marketing El Salvador to crypto-friendly travelers. Bitcoin conferences and events have already raised the country’s profile. The passport builds on that by adding real benefits for visitors while they are in the country.

For international visitors, the document provides structured access to discounts while indicating El Salvador’s policy experiment. For residents, it reinforces Bitcoin’s role beyond investment. Therefore, the program aligns tourism, commerce and digital finance under a single framework.

Related: El Salvador Continues Aggressive BTC Accumulation Amid Market Dip

Bitcoin Markets React as Global Attention Grows

While El Salvador rolled out the passport program, Bitcoin prices responded to broader macroeconomic developments. Bitcoin briefly climbed above $92,500 after U.S. inflation data met expectations. Markets assessed the Federal Reserve’s outlook alongside political tensions involving the central bank.

According to the U.S. Bureau of Labor Statistics, December consumer price index data showed 2.7% annual inflation. That figure matched November levels and economists’ forecasts. Month-over-month headline inflation rose 0.3%, also in line with expectations.

Core CPI, excluding food and energy, increased 2.6% year over year. That reading came slightly below the expected 2.7% and matched the prior month. Core inflation rose 0.2% month over month.

Matt Mena, crypto research strategist at 21Shares, said the data supported a soft-landing narrative. According to Mena, cooling core inflation and recent jobs data align with the Federal Reserve’s dual mandate. He added that markets now price higher odds of additional rate cuts.

Mena also noted Bitcoin’s growing role amid geopolitical uncertainty. He described Bitcoin as increasingly behaving like a macro hedge. According to him, markets reprice Bitcoin as an international reserve asset during periods of political tension.

Those tensions include a Department of Justice investigation into Federal Reserve Chair Jerome Powell. The probe relates to Powell’s testimony on a Federal Reserve building renovation exceeding $2.5 billion. Powell has called the investigation politically motivated, while the White House denies involvement.

Gold prices also rose during the same period, gaining about 1.3%. Market participants described a partial safe-haven response across assets. However, uncertainty remains over the Federal Reserve’s rate path.

Goldman Sachs pushed expected rate cuts to June and September 2026. Earlier forecasts targeted March and June. Meanwhile, Bitcoin has traded between $88,000 and $94,000 in January, following October 2025 highs above $126,000.

As global attention stays fixed on Bitcoin markets, El Salvador continues expanding its domestic initiatives. The Bitcoin Country passport now sits alongside wallets, education programs, and merchant adoption efforts. These measures frame Bitcoin as part of daily economic life.

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Senators filed over 75 amendments as a major crypto bill heads into a pivotal Senate markup.

Amendments target stablecoin yields, DeFi rules, ethics concerns, and oversight gaps.

Ethics, quorum rules, and Trump-linked concerns surface as bipartisan talks near markup.

U.S. senators have proposed more than 75 amendments to a major crypto market structure bill ahead of a key Senate hearing this week. The proposals arrive as lawmakers prepare for a markup session that could shape the future of U.S. crypto regulation.

According to a document obtained by CoinDesk, senators from both parties submitted amendments before Tuesday’s deadline. The changes cover stablecoin yield rules, DeFi language, ethics standards, and oversight of crypto-related activity.

The Senate Banking Committee plans to hold its markup hearing on Thursday. Lawmakers will debate the amendments, vote on individual changes, and decide whether to advance the main bill. Meanwhile, the Senate Agriculture Committee rescheduled its own markup session to late January.

Lawmakers released the base text of the Banking Committee bill late Monday night. Since then, senators, staff, and industry lobbyists have reviewed the language in detail.

Stablecoin Yield and DeFi Provisions in Focus

Several amendments target stablecoin rewards and yield provisions in the draft bill. Some proposals seek to limit how companies can offer yield on payment stablecoins. Others aim to remove yield entirely from the framework. Senators Thom Tillis and Angela Alsobrooks jointly proposed three amendments. Two of those focus directly on stablecoin yield language.

One amendment would remove the word “solely” from a key restriction in the bill. The current text bars service providers from paying yield solely for holding a payment stablecoin. Removing that term could widen the restriction’s scope.

Another proposal from the same group would adjust reporting rules for yield programs. It would also add risk guidance requirements for companies offering such products. Several additional amendments from other senators also challenge the stablecoin rewards section.

Some proposals seek clearer definitions around digital asset mixers and tumblers. Others address how decentralized finance activities fall under the bill. Despite the large number of filings, most amendments may never reach a vote. In typical congressional markups, lawmakers drop many proposals during negotiations. Deals made during the session often narrow the list significantly.

Ethics, Oversight, and Political Tensions

Ethics concerns continue to shadow the crypto bill discussions. Democrats earlier raised objections related to President Donald Trump’s family ties to crypto businesses. They outlined these concerns in a document released last fall. So far, no amendment directly addresses those concerns in explicit terms.

Senator Ruben Gallego reportedly helped lead ethics negotiations. However, none of his submitted amendments focus clearly on that issue. Still, Senator Chris Van Hollen proposed an amendment with an anti-corruption provision. He also filed a separate amendment requiring disclosures of financial interests.

A Democratic aide said that ethics talks remain ongoing. The aide said no agreement has emerged yet. They described ethics as one of several unresolved issues in negotiations. Meanwhile, Senator Lisa Blunt Rochester filed an amendment on quorum requirements. Her proposal reflects concerns about leadership at federal regulatory agencies.

Related: Senate Committees Set Jan. 15 Votes on Crypto Market Rules

Democrats note that the Securities and Exchange Commission and Commodity Futures Trading Commission lack Democratic commissioners. Both agencies currently operate under Republican leadership only. The amendment seeks to address that imbalance through quorum rules.

According to the document, several Democratic senators filed amendments. They include Gallego, Alsobrooks, Blunt Rochester, Jack Reed, Andy Kim, and Raphael Warnock. Catherine Cortez Masto, Elizabeth Warren, and Chris Van Hollen also submitted proposals.

On the Republican side, multiple senators filed amendments as well. They include Tillis, Mike Rounds, Bill Hagerty, Pete Ricketts, and Katie Britt. John Kennedy, Cynthia Lummis, Kevin Cramer, and Tim Scott also participated.

As the markup approaches, the fate of most amendments remains uncertain. Lawmakers now face intense negotiations ahead of Thursday’s session. The outcome could define the final shape of U.S. crypto market regulation.

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Germany approved dozens of MiCAR licenses by late 2025 under firm BaFin oversight.

DZ Bank gained approval for meinKrypto as crypto trading enters cooperative banking.

MiCAR rules link digital assets with banks through licensed custody and execution.

Germany’s second-largest financial institution, DZ Bank, has achieved a major regulatory milestone by securing approval under the European Union’s Markets. The Crypto-Assets Regulation (MiCAR) offers cryptocurrency trading services through its new platform, meinKrypto.  At the very end of December 2025, the German Federal Financial Supervisory Authority (BaFin) gave the green light for the authorization, which was a significant step in the traditional banking sector’s acceptance of digital assets under a completely regulated system.

Germany’s banking giant DZ Bank just went full crypto !

DZ Bank has officially launched its meinKrypto platform under #MiCA approval, enabling trading of $BTC, $ETH, $LTC, and $ADA, marking a major step in institutional crypto adoption across Germany. pic.twitter.com/mi3ywksEbn

— CryptoTale (@cryptotalemedia) January 14, 2026

At the same time, BaFin has shown little tolerance for incomplete applications. The regulator rejected Ethena GmbH’s request for authorization, a decision that signaled how narrow the compliance corridor has become. From that point on, market access increasingly flowed through regulated platforms rather than standalone crypto firms.

One of those platforms now sits inside the traditional banking system. DZ Bank has secured approval to offer crypto-asset trading through its meinKrypto platform. The move ties digital asset access directly to Germany’s cooperative banking network.

A Faster Clock for Compliance

Germany chose to move quickly than the wider European Union. While MiCAR allows an 18-month transition period, German authorities opted for a 12-month window. Existing crypto firms faced tighter deadlines, and many rushed to restructure operations.

According to a Structured Retail Products report, licensing activity surged as a result. By the end of 2025, BaFin had completed reviews for dozens of applicants, and a few cleared the process. The regulator also approved MiCAR-compliant structures linked to established financial institutions, including Deutsche Bank’s securities subsidiary and Bitpanda Asset Management.

This approach reshaped the market. Firms that met capital, governance, and reporting requirements stayed active. Those who failed to adjust lost their entry point. Germany’s crypto sector began to look less fragmented and more institutionally aligned.

meinKrypto Enters the Cooperative Network

DZ Bank’s meinKrypto platform was built for the cooperative banking system. It serves Volksbanken and Raiffeisenbanken, which together form one of Germany’s largest retail banking networks. Each cooperative bank must still notify BaFin before offering the service.

That requirement allows staggered adoption. Some banks may move quickly. Others may wait. The structure keeps regulatory oversight intact while giving individual institutions room to plan their rollout.

The timing reflects MiCAR’s wider role. Finalized in 2023 and fully applied in 2025, the framework introduced uniform rules for crypto issuance, trading, and custody across the EU. For DZ Bank, operating inside that framework was a prerequisite rather than a formality.

Related: Santander’s OpenBank Launches Retail Crypto Trading in Germany

Familiar Systems, Regulated Rails

meinKrypto connects directly to the VR Banking App. Customers can trade digital assets and manage holdings without leaving their usual banking interface. The setup mirrors traditional online banking rather than standalone crypto platforms.

Custody services come from Boerse Stuttgart Digital Custody, which operates under a crypto license. Trade execution runs through EUWAX. Both partners work within MiCAR’s operational and reporting standards.

These arrangements address long-standing concerns around custody and execution. They also reflect how MiCAR has reshaped infrastructure choices. Licensed providers now rely on regulated partners instead of bespoke or offshore solutions.

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The XRP price holds above the $2.00 mark as selling pressure builds after a failed breakout.

XRP’s long and short leverage liquidations remain balanced, keeping price movement constrained.

The token’s major resistance near $2.40 blocks upside, while support forms at key moving averages.

The XRP price is still holding above the $2.00 line after a rough stretch that forced the market to reassess its footing. The token has slipped over the past week, yet buyers continue to cluster around a level that has become something of a battleground.

The floor has not broken, suggesting traders are not ready to abandon the broader structure. The retreat followed a sharp rally that kicked off late last week and stretched into Monday. And, the XRP price jumped more than 30% during that window, briefly tapping the $2.40 region before momentum faded.

That rally, however, was built on a well-defined base. For nearly two weeks before that surge, the token sat quietly in a $1.84 to $1.72 pocket. That stretch acted as a staging zone, with steady exchange outflows hinting that longer-horizon holders were content to accumulate while volatility cooled.

Rally Meets Long-Term Resistance

The advance stalled near $2.40 after XRP encountered a descending resistance trendline that has capped upside attempts since mid-July of 2025. That same trendline marked the area where the altcoin reached its yearly high near $3.66.

Failure to break through the resistance triggered a swift 16% correction, sending the token back toward the $2.00 area. As the decline settled, the token managed to find its footing along the 20-day and 50-day moving averages.

Source: TradingView

Those levels didn’t reverse the trend, but they slowed the loss and helped stabilize the token’s price around the $2.07 region as of press time. This zone signals an inch up of roughly 2% over the last day, though sentiment remains tense after a week marked by a 13% pullback and continued resistance at the 23.60% Fibonacci mark.

On-Chain Trends Point to Calmer Underpinnings

From an on-chain perspective, market-wide aggression has cooled. Indicators tied to liquidation pressure show a relatively even split between long and short exposure near current levels.

Roughly $73 million in short exposure would be at risk if the price climbs above $2.30, with a dense cluster near $2.10. On the other hand, long positions total about $84 million at $1.85, including a sizeable block around the $2.02 level.

Source: CoinGlass

When leverage piles up so tightly on both sides, breakouts tend to be harder to sustain, often resulting in hesitation rather than a clean move. Meanwhile, momentum readings reflect the same indecision. The RSI has held near 52, doesn’t dictate a bullish or bearish story. It implies that the token is drifting in a middle lane with little urgency from either camp.

Related: PEPE Price Falls 14% in a Week After Stalling 20-Week

Pressure Points Ahead That Could Decide XRP’s Trajectory

However, for the market to regain upward traction, the XRP token needs to reclaim the 23.60% Fibonacci level and break through the multi-month descending trendline. Until then, every rally attempt faces the same ceiling.

Similarly, if the token loses the moving-average support instead, focus will likely return to the historical demand zone between $1.84 and $1.72, an area that previously steadied the market during broader uncertainty. For now, the XRP price remains anchored above $2.00, keeping traders fixated on what comes first: a break above resistance or a slip back toward its old support band.

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CONSOB signals coordinated EU enforcement as ESMA finfluencer rules expand across markets.

Social media crypto promotions now face full EU investment and advertising regulations.

Finfluencers remain liable for disclosures, authorization checks, and misleading crypto claims.

European regulators are increasing oversight of investment content on social media as crypto promotions spread across short videos, livestreams, and creator channels. Italy’s securities regulator CONSOB has amplified new guidance from the European Securities and Markets Authority (ESMA), adding Italy to a wider effort that seeks consistent enforcement across the European Union’s markets across EU borders.

ESMA announced its finfluencer factsheet on January 9, 2026, and CONSOB drew attention to it in a notice dated January 12, 2026. Both documents state that EU rules on investment recommendations and advertising apply when creators post about crypto assets, trading platforms, or high-risk strategies.

CONSOB echoes ESMA guidance on crypto promotions

CONSOB directed creators and investors to ESMA’s “tips for responsible promotion,” which warns that financial promotions require more care than consumer marketing. ESMA states that promoting a financial product “isn’t like promoting shoes or watches,” and it reminds creators that they remain responsible for posts even without financial credentials.

Are you a #finfluencer promoting financial products online?

Remember: promoting investments isn’t like promoting shoes or watches. Your words can have real financial consequences for your followers.

#FinfluencerTips for responsible promotion → https://t.co/kdPiVHHf16 pic.twitter.com/pziyCMbARo

— ESMA – EU Securities Markets Regulator (@ESMAComms) January 8, 2026

The ESMA factsheet lists products that finfluencers often market, including CFDs, forex, futures, certain crowdfunding offers, and volatile cryptocurrencies. It warns that followers can lose 100% of invested capital, especially when leverage enters the trade. CONSOB also urged the public to question “get rich quick” claims and to verify whether firms mentioned online hold the required authorisations.

EU Market Rules Extend to Social Media

ESMA has linked social media investment commentary to the EU Market Abuse Regulation for several years. In an October 28, 2021, public statement, ESMA explained how posts can qualify as investment recommendations and how undisclosed conflicts can breach EU requirements, even when a creator frames content as opinion.

ESMA has also highlighted the sanctions that can follow when posts cross into market abuse or non-compliant promotion. In a 2024 warning on social media investment recommendations, ESMA noted administrative fines of up to €5 million for natural persons and up to €15 million for legal persons for serious offences, while it described lower maximum fines for breaches of the investment recommendation regime. Some member states also allow criminal penalties for certain conduct.

Related: France Urges EU to Give ESMA Full Control Over Crypto

Growth of Coordinated Enforcement

European authorities have started to build practical compliance tools that target influencer marketing and referral models. In France, the AMF and ARPP launched a finance-focused “Responsible Influence Certificate” that sets standards for influencers who promote financial services and crypto-assets with participating brands.

Other regulators have used the same disclosure approach, which supports Europe’s push for consistent oversight. The UK Financial Conduct Authority finalised guidance in 2024 that applies financial promotion rules to social media and requires clear, fair messaging. In the United States, the SEC said in 2022 that Kim Kardashian agreed to a $1.26 million settlement tied to EthereumMax promotion disclosures, highlighting the legal risks linked to paid crypto endorsements.

For creators, the ESMA and CONSOB messaging sets concrete expectations. Paid partnerships need clear labels, and creators must not hide sponsorships behind vague hashtags. Performance claims must stay fair and not misleading, and personalised investment tips may require authorisation. 

ESMA also warns that short disclaimers such as “not financial advice” do not remove legal duties. Regulators advise retail investors to stay sceptical of guaranteed returns and to check authorisation status before acting on social media trading tips. 

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The community is reviewing a plan to reduce CAKE max supply after emissions dropped.

Tokenomics 3.0 lowered daily CAKE output and sustained a long-running deflation cycle.

The proposal changes only the supply cap and leaves emissions and burn systems intact.

The PancakeSwap community is debating a governance proposal to reduce CAKE’s maximum supply from 450 million to 400 million. The discussion follows recent tokenomics changes that lowered emissions and produced consistent net burns. The proposal seeks to align CAKE’s hard cap with its current circulating supply and long-running deflationary trend.

The proposal went around community forums and official governance channels. Stakeholders from different parts of the ecosystem expressed their support and reservations. Meanwhile, the protocol is still considering the issue of long-term supply limits and growth strategies.

Discussion of Proposal to Reduce CAKE Max Supply

Following the rollout of CAKE Tokenomics 3.0, CAKE’s token supply has achieved a net burn of ~8.19% in 2025

Given this momentum, the Kitchen is proposing to:
Reduce CAKE’s max supply from 450M to 400M CAKE

Your feedback… pic.twitter.com/IqfJXSSodP

— PancakeSwap (@PancakeSwap) January 13, 2026

Tokenomics 3.0

In an April 2025 blog post, PancakeSwap confirmed the approval of CAKE Tokenomics Proposal 3.0. The update retired the veCAKE model and sharply reduced daily token emissions. Emissions fell from roughly 40,000 CAKE per day to about 22,500. Following the change, PancakeSwap reported a net burn of about 8.19% of CAKE’s total supply in 2025. Supply declined from around 380 million tokens at the start of the year to roughly 350 million. 

The pattern of deflation has been going on since September 2023. Based on the protocol, the burning of tokens is the result of the revenue generated from the sales of its products. The products are liquidity pools in the spot market, trading of futures contracts, and services for launching new tokens. Every source of income is connected to the process that lowers the total supply of CAKE.

Proposal to Reduce the Maximum Supply

Based on these trends, PancakeSwap’s Kitchen proposed reducing CAKE’s maximum supply to 400 million tokens. The team stated that the new cap would support all foreseeable protocol growth needs. The change would formalize a deflationary structure already visible on-chain.

The proposed cap would leave a buffer of about 50 million CAKE above current circulation. 

PancakeSwap stated it does not expect to use this buffer under normal conditions. Still, the protocol may access it if unusual circumstances arise. PancakeSwap also disclosed the growth of its Ecosystem Growth Fund, which has accumulated roughly 3.5 million CAKE tokens. The protocol plans to use this reserve before considering any new emissions.

Community Feedback and Governance Process

Supporters of the proposal say a lower cap reduces inflation risk perceptions. They argue that a 400 million limit improves long-term supply clarity for CAKE holders. They also point to reduced emissions as evidence that new issuance is unlikely.

Related: PancakeSwap Surges 24% in a Day, Can Bulls Hold Momentum?

The pattern of deflation has been taking place since September 2023. The products are the liquidity pools in the spot market, trading futures contracts, and services for launching new tokens. Every source of income is connected to the process that lowers the total supply of CAKE. PancakeSwap said it will continue discussions before scheduling an on-chain vote.

If approved, the CAKE token contract will update only the maximum supply parameter. No changes to emission rates or burn mechanisms appear in the proposal. All existing Tokenomics 3.0 structures would remain in place. The discussion continues across PancakeSwap governance channels.

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Final counterfeit FLOW recovered from Binance and HTX; tokens isolated on-chain now.

Flow to revoke emergency council access on Jan. 13, 2026, ending recovery powers.

Counterfeit FLOW destruction is scheduled for Jan. 30, 2026, after exposure review.

Flow Network said the final recovery of outstanding counterfeit FLOW has been completed from centralized exchanges. The recovery included Binance and HTX, closing the last operational step of its Isolated Recovery Plan. The Community Governance Council executed the retrieval. All traced counterfeit FLOW is now isolated on-chain. Permanent destruction is set for Jan. 30, 2026.

An X post from the project confirmed the conclusion of Phase 4 of the Isolated Recovery Plan. Validator network participants ratified the mandate through super-majority consensus. Forensic partners were cited as the source for tracing and confirming the counterfeit token set. 

Isolated Recovery Complete – Counterfeit FLOW Recovered
This morning, the final recovery of outstanding counterfeit FLOW from remaining centralized exchanges, including Binance and HTX, was executed by the Community Governance Council.

As of today, all counterfeit FLOW traced by… https://t.co/3SNXwXfdkU

— Flow.com (@flow_blockchain) January 12, 2026

Emergency Access On Jan. 13 As Token Burn Nears

Next, the Foundation would remove the elevated access used during the recovery process. January 13, 2026 was scheduled for revoking the temporary permissions held by the Community Governance Council. Flow described the access as an emergency measure deployed for the first time in the network’s five-year history. 

Governance controls were emphasized as part of the response. The company said every power granted to the Governance Council and every action taken is transparent and auditable on-chain. Majority approval from network validators is required for node software updates to proceed.

Token destruction remains the final step in removing counterfeit supply from the system. The Foundation scheduled the burn of counterfeit tokens for January 30, 2026. External legal counsel and forensic partners are coordinating with exchanges to assess possible user exposure. The platform said it would cooperate with exchange partners to restore full deposit and withdrawal functionality across all trading venues.

Service restoration has already resumed on several platforms. Coinbase, Kraken, and Gate reopened deposits and withdrawals, according to Flow. The Foundation said the objective is a complete return to normal operations everywhere FLOW trades. 

Related: Bitfarms Exits Latin America to Fund North American AI Build

The incident began on December 27, 2025, according to the Foundation’s timeline. The platform said an attacker exploited a vulnerability in the Flow network to counterfeit tokens and extract about $3.9 million across bridges. No existing user balances were accessed or compromised.

Cadence Exploit

Containment actions reduced the ability to liquidate the counterfeit tokens. Flow  Network said most counterfeit assets were contained on-chain or frozen by exchange partners before liquidation. 

Validators ratified a decentralized governance action authorizing the permanent destruction of 100% of counterfeit assets. Network operations resumed on December 29, 2025 and continued with full transaction history preserved.

Technical details described the exploit as highly coordinated. The attacker deployed more than 40 malicious smart contracts in a sequence designed to defeat runtime protections. Flow network said the exploit relied on a three-part attack chain. Each part weakened safeguards that normally prevent duplication of protected assets.

First, the attacker bypassed attachment import validation, according to Flow’s report. Second, defensive checks on built-in types were circumvented to avoid enforcement rules. Third, contract initializer semantics were exploited to complete the counterfeit flow. 

Root cause analysis identified a vulnerability in the Cadence runtime v1.8.8. The issue was patched in v1.8.9 and later. The flaw allowed a protected non-copyable asset to be disguised as a standard data structure that could be copied. 

Exchange coordination became a central part of remediation. After bridging assets out of the network, the attacker attempted to deposit counterfeit FLOW into multiple centralized exchanges. Abnormally large deposits triggered freezes through internal AML protocols.

The platform said about 50% of counterfeit deposits were returned by exchange partners and destroyed. OKX, Gate, and MEXC were named as cooperative venues in that stage. Continued coordination with remaining exchanges led to the final retrieval, including Binance and HTX, according to the Foundation.

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