Hong Kong is stepping up its game in the crypto world by speeding up the licensing process for crypto trading platforms.
Vancouver council takes a step toward Bitcoin
The city council has voted to explore the use of Bitcoin in its financial strategy, signaling a move toward becoming more Bitcoin-friendly.
UK firms have to report their crypto holdings
The UK’s central bank has asked local businesses to disclose their current and future exposure to cryptocurrencies by next March.
Binance sees $24 billion of inflows in 2024, the biggest in the sector
The crypto exchange has racked up over $24 billion in inflows from user deposits so far this year, thanks to a booming interest in crypto assets.
Solana surpasses Ethereum as devs’ favorite ecosystem
Solana just dethroned Ethereum as the top choice for new developers this year, ending Ethereum’s eight-year reign. Ethereum still leads globally in total developer activity.
A user claimed to have lost $2.5 million from a secured Ledger
Ledger is facing some serious heat after a user claimed to have lost around $2.5 million in crypto from their hardware wallet.
2025, the year of the Bitcoin
Sygnum Bank’s new report suggest that Bitcoin could be in for a wild ride in 2025, thanks to what they call demand shocks.
El Salvador and Argentina: Advancing Bitcoin Adoption in Latin America
The recently announced partnership between El Salvador and Argentina represents a significant step in expanding Bitcoin adoption and advancing cryptocurrency ecosystems across Latin America.
This collaboration has the potential to enhance Bitcoin’s legitimacy and transactional infrastructure, particularly in regions like Argentina, where inflation has spurred interest in alternative value systems.
It may also inspire neighboring countries to explore crypto-friendly policies, contributing to a more cohesive regulatory environment.
The alliance could impact digital asset trading by attracting institutional and retail investors seeking stability in volatile economies.
Improved infrastructure and regulatory clarity may encourage broader participation, leading to increased trading volumes and heightened interest in Bitcoin as an investment tool.
This development could set a precedent for country-to-country partnerships in the crypto space, encouraging nations to collaborate on knowledge sharing, policy alignment, and leveraging blockchain technology for economic innovation.
Such alliances may shape a more interconnected and resilient global cryptocurrency landscape.
Ryan Lee, Chief Analyst at Bitget Research
