Chinese investors who lost money in a $6 billion Bitcoin Ponzi scheme face a long legal battle to reclaim their funds from 61,000 bitcoins seized by U.K. authorities, now worth over $7.4 billion. The case centres on Qian Zhimin, who pleaded guilty to money laundering, but tracing the coins back to individual victims remains highly complex.
WeatherlyBhutan has moved its national digital ID system to the Ethereum blockchain, giving nearly 800,000 citizens more control over their personal data. The migration aims to improve security, privacy, and transparency, while the country also continues expanding its cryptocurrency holdings and blockchain initiatives.
AnaisCircle has no immediate plans to launch a Hong Kong dollar stablecoin and is focusing on growing its USDC and EURC tokens. The company remains open to partnerships with local firms and is exploring multi-currency stablecoin opportunities.
WeatherlyReap has received approval from Singapore’s central bank to operate as a Major Payment Institution. The licence lets the Hong Kong fintech offer domestic and cross-border payment services as it expands across Asia.
AnaisCalifornia has made it official that unclaimed cryptocurrencies like Bitcoin and Ethereum must be kept safe instead of being turned into cash. Custodians must notify owners and hand over dormant crypto to licensed state custodians who manage the assets securely.
WeatherlyA $200,000 BNB donation to Malta’s cancer fund from 2018 has grown to $39 million but has never been used. Legal disputes and unclear oversight have kept the funds dormant, despite their accessibility and urgent medical needs.
AnaisJapan is planning to ban insider trading in cryptocurrencies for the first time, bringing digital assets under the same rules as traditional securities. The new law will give regulators power to investigate and penalise traders who profit from non-public information.
WeatherlyStripe has launched a new feature allowing US businesses to accept recurring payments in stablecoins like USDC, USDP, and USDG across multiple blockchains. The system uses smart contracts for easier payments, supports over 400 wallets, and lets companies receive fiat settlements while managing subscriptions from their Stripe dashboard.
AnaisSam Bankman-Fried claims his 2022 arrest was politically motivated after he donated to Republicans, saying the SEC and DOJ targeted him. His allegations come as missing SEC messages from the period raise questions about record-keeping and possible interference in crypto enforcement.
WeatherlyCoinbase has invested in India’s largest crypto exchange, CoinDCX, to expand its presence in South Asia and the Middle East. CoinDCX serves over 20 million users, handles $1.2 billion in assets, and continues to grow despite past security breaches.
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