CandleFocus
Latest Crypto News Before January 2025: Bitcoin, Floki, and New Regulations
2024-12-25
Author: Content Editor
Summary:
- Russia's Finance Minister confirmed the use of Bitcoin in international trade transactions, indicating Russia's adoption of cryptocurrencies and their potential to reshape global trade.
- Bitcoin's market volatility during the recent bull run has reached historic lows, with the introduction of spot ETFs and growing institutional interest stabilizing the market.
- Floki, originally a meme token, is launching an exchange-traded product (ETP) for European investors, joining Dogecoin as one of the few meme tokens with institutional backing in Europe.
- The USDC Treasury has minted 50 million USDC on Ethereum, highlighting the continued growth of stablecoins in the crypto ecosystem.
- Turkey has implemented strict cryptocurrency regulations inspired by Europe, requiring identity verification for transactions exceeding 15,000 Turkish Lira to combat money laundering and terrorist financing.
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