Global

The recent approval by the Hong Kong Securities and Futures Commission (SFC) allows 11 cryptocurrency exchanges to operate in the city, signaling the first progress towards issuing virtual asset trading platform (VATP) licenses since 2022.

BlackRock and Fidelity's Bitcoin exchange-traded funds (ETFs) have contributed significantly to their overall ETF inflows this year, constituting 26% and 56% of their respective year-to-date inflows.

In June 2024, news surfaced that MicroStrategy's CEO, Michael Saylor, reached a $40 million settlement with the attorney general for the District of Columbia, ending a lawsuit accusing him of evading income tax.

In May, the Ronin network saw a significant uptick in users, surpassing 3 million monthly and daily active wallets, indicating a resurgence in the gaming industry. Known for supporting Axie Infinity and related mini-games, as well as the Mavis NFT marketplace, Ronin's activity across approximately 15 leading apps has contributed to its success.

The Dubai Financial Services Authority (DFSA) has revised its regulations concerning cryptocurrency tokens in an effort to enhance the regulatory framework within the Dubai International Financial Centre (DIFC), a designated economic zone in Dubai.

Binance, a leading cryptocurrency exchange, has ceased allowing cash payments for peer-to-peer (P2P) cryptocurrency transactions in India. This means that users in the country can no longer purchase or sell supported cryptocurrencies using cash deposits or receipts.