- Indian crypto exchange WazirX reopens after a $230 million hack in 2024. UK’s FCA tightens regulations on exchanges like HTX. Russian finance ministry prepares more crypto regulations, while EU enforces sanctions on Russian exchanges. Bitcoin treasuries gain popularity despite losses at some companies.
- WazirX CEO announces platform reopening on Oct. 24 after being hacked by Lazarus Group. Exchange underwent restructuring through Singapore-based parent company Zettai. Litigation with Indian app CoinSwitch ongoing. FCA sues HTX for unlawful promotions, owned by Justin Sun. EU passes sanctions on Russian stablecoin A7A5.
- Russia plans new crypto regulations for cross-border payments. Central bank experimenting with crypto for imports. EU sanctions target Russian stablecoin A7A5 financing war activities. US-based Hyperscale Data allocates $60 million to Bitcoin treasury, nearly 66% of market valuation. Companies like Strategy continue to invest in Bitcoin.
Read more at Cointelegraph: WazirX Shutdown Ends, UK FCA Targets HTX: Global Express
