According to PANews, the Malaysian Communications and Multimedia Commission (MCMC) announced that Telegram and WeChat have initiated the licensing process required to operate in Malaysia. MCMC acknowledged the efforts of both companies and urged other service providers to complete their applications by December 31, 2024, to comply with regulations effective January 1, 2025. The new rules aim to enhance cybersecurity, protect users, and combat harmful content. Service providers failing to comply will face regulatory challenges. MCMC stated it would assist providers in meeting the requirements to complete the application process smoothly.

According to Odaily, the Malaysian Communications and Multimedia Commission (MCMC) has announced that Telegram and WeChat have initiated the licensing process required to operate in Malaysia. MCMC has acknowledged the efforts of these two companies and urged other service providers to complete their applications by December 31, 2024, to comply with regulations effective from January 1, 2025. The new regulations aim to enhance cybersecurity, protect users, and combat harmful content. Service providers failing to comply will face regulatory challenges. MCMC has stated its commitment to assisting providers in meeting the requirements smoothly.

According to a statement released by the Malaysian Communications and Multimedia Commission (MCMC), Telegram and WeChat have begun the application process for licenses required to operate in Malaysia. MCMC recognized the two companies and urged other service providers to complete the application process by December 31, 2024 to comply with relevant regulations that will take effect on January 1, 2025. The new regulations are aimed at improving network security, protecting users and combating harmful content. Service providers who fail to comply will face regulatory issues, and MCMC said it will assist qualified providers to complete the application process smoothly.

Banking, long considered a neutral utility, has become a battleground for cultural, political and economic conflict. The question we must ask is: when financial access is weaponized, who decides who can participate in the modern economy?

The on-chain AI agent version of "Love, Death and Robots", where the selection pressure comes from the attention and money of crypto users.

Ki Young Ju, the founder and CEO of CryptoQuant, highlighted on the X platform that Bitcoin whale accumulation has become a regular feature of the market, reflecting the dominance of institutional and high-net-worth investors in the current bull cycle.Key Insights:Whale Accumulation as the Norm:Reports of whales accumulating Bitcoin, which once triggered significant market reactions, are now viewed as routine events.Retail investor participation in Bitcoin has decreased, with whale capital taking the lead.Bull Market Continuation:On-chain data reveals $7 billion in weekly capital inflows into Bitcoin markets, signaling strong bullish momentum.While corrections may occur, analysts predict limited pullbacks of less than 30%, consistent with bull market trends.Market Sentiment:Despite the ongoing bull cycle, concerns about whether Bitcoin is entering a bubble persist.Analysts emphasize that on-chain data reflects strong market conditions, contrasting with bearish predictions.

XRP price in decline mode as $2.30 resistance level forms crucial obstable source: https://u.today/xrp-price-faces-major-resistance-test-will-it-pass

The Securities and Exchange Commission (SEC) is set for a transformative shift following Gary Gensler’s resignation and Paul Atkins' expected confirmation as the new Chair under President-elect Donald Trump. Here’s a breakdown of what to expect in the new SEC landscape:Key Leadership Changes:Paul Atkins: A pro-crypto former SEC commissioner (2002–2008) and advocate for innovation in digital assets.Hester Peirce and Mark Uyeda: Republican commissioners known for their crypto-friendly stances.New commissioner appointment required to maintain political balance, potentially from a non-Republican party.Potential Policy Shifts:Staking in Crypto ETFs:Reintroduction of staking provisions in Ethereum and other crypto ETFs could be a priority under Atkins' leadership.New products offering staking or amendments to existing ones may emerge, signaling a supportive stance on decentralized finance (DeFi).Regulation ATS:Proposed rule to redefine “exchanges” and possibly include decentralized projects remains uncertain.The incoming SEC may modify or abandon the rule, aligning with broader crypto industry priorities.Enforcement Approach:Analysts expect a decline in non-fraud cases against crypto firms, focusing on more conventional fraud and investor protection cases.Cases without securities involvement may shift to the Department of Justice (DOJ) or CFTC, reducing the SEC's direct involvement.Pending Lawsuits:Challenges to the SEC’s crypto policies, including the DeFi Education Fund and Beba token airdrop case, may take new directions under Atkins.Industry stakeholders will watch for potential shifts in the SEC's litigation strategy.Broader Crypto Industry Outlook:A more crypto-friendly SEC could ease tensions between the agency and digital asset firms.Analysts predict new rulemaking and policies aimed at fostering innovation while maintaining regulatory clarity.The SEC’s future actions under Atkins’ leadership will play a pivotal role in shaping the crypto landscape, with the potential to bring about a more balanced regulatory environment, according to The Block.

BTC price stability wobbles in what appears to be a knee-jerk response to erroneous Bitcoin dominance data. source: https://cointelegraph.com/news/bitcoin-price-dips-4-tradingview-glitch-dominance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Former FTX executive Ryan Salame began serving a seven-and-a-half-year sentence in October 2023 for his involvement in FTX's massive crypto fraud, but his sentence has been shortened by more than a year and he is expected to be released on March 1, 2031. Salame was sentenced for alleged illegal campaign fund donations and operating an unlicensed money transmission business, and his sentence reduction may be related to the 2018 First Step Act, which allows prisoners with good behavior to receive a reduction in sentence. In the same case, FTX founder Sam Bankman-Fried was sentenced to 25 years in prison, and other executives such as Caroline Ellison have also pleaded guilty and been sentenced. (Business Insider)

Pudgy Penguins (PENGU), the recently launched cryptocurrency token tied to the popular NFT collection, has captured significant market attention in the past week. The crypto has witnessed a surge in whale activity, with some token holders selling to offset losses and others accruing massive accumulations, signaling a possibility for a market upturn soon. Recent data […] source: https://www.cryptopolitan.com/whales-exchange-their-coins-to-buy-pengu/

The U.S. Congress is poised to address pivotal cryptocurrency legislation in 2025, potentially offering the most supportive framework for the crypto industry yet. Former President Donald Trump has repeatedly expressed his commitment to advancing the crypto sector, shaping legislative priorities.Key Legislative Focus Areas:Stablecoin Act:Aims to establish a clear regulatory framework for stablecoin issuance and operations.Expected to enhance transparency and promote trust in stablecoin markets.FIT21 Act:Focuses on creating decentralized standards for blockchain networks.Designed to encourage innovation while maintaining compliance with regulatory standards.Tax Reforms:Adjustments to crypto-related tax policies to simplify reporting and incentivize participation in the digital economy.Additional Proposals:A Wyoming state senator has proposed creating a national Bitcoin reserve, though it currently lacks broad bipartisan support.Challenges:Opposition from Democratic Senator Elizabeth Warren, a vocal crypto critic, may hinder progress on these bills.

Unlike his son, who is a controversial character in China, Maye Musk is adored in the country she claims to visit nearly every month.

Stablecoin, Crypto Market, YBB Capital: Break through difficulties and reshape the future. Outlook for the crypto world in 2025. Golden Finance, let players compete freely and let builders continue to move forward.

How does the currency mixing protocol Railgun protect user on-chain privacy in compliance with regulations?

China has approved the construction of what is set to become the world’s largest hydropower dam, a monumental project on the eastern edge of the Tibetan plateau. This initiative could significantly impact millions living downstream in India and Bangladesh.

Belgian artist Carl De Keyzer used photos from his Russia travels to create AI images for his book Putin’s Dream. Sharing them on Instagram sparked backlash and follower loss over questions of ethics and authenticity.

In the past week, Stablecoin Season and Superchain narrative, I would like to share my thoughts on the DeFi world.

“The success of the blockchain industry does not lie in the success of a single technology or a single platform, but in building an industry ecosystem that is inclusive, innovative, and capable of self-evolution.”

SOLANA, BASE, crypto market, inscription, 2025 crypto market outlook: Base loses the L1 battle? ICO makes a comeback? Golden Finance, the market will continue to change, enjoy this game.