Author: Cointelegraph By Arijit Sarkar

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Canada to monitor crypto transactions for drug money

Canada’s FINTRAC updates AML strategies, emphasizing cryptocurrency’s role in combating synthetic opioid-related money laundering. Source link

Upbit, Bithumb compensate users after service outages during martial law

Upbit and Bithumb will compensate investors $2.5 million after service outages caused by a surge in crypto activity during South Korea’s martial law declaration. Source link

Thailand’s former PM bullish on legalizing crypto, online gambling

Former Thai PM Thaksin Shinawatra urges stablecoin adoption and online gambling legalization to boost Thailand’s revenue and innovation. Source link

Philippine banks collaborate to launch PHPX stablecoin on Hedera

Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions. Source link

Microsoft to invest $3B in AI, cloud expansion, training in India

Microsoft will expand its AI and cloud presence in India, including training 10 million individuals by 2030 and supporting AI startups. Source link

IMF urges Kenya to align crypto laws with global standards

IMF recommended that Kenya overhaul outdated regulations, address scams and align its crypto framework with global standards for financial stability. Source link

Kazakhstan shut down 36 illegal crypto exchanges in 2024 crackdown

Kazakhstan shut down 36 illegal crypto exchanges in 2024, seizing $112 million in assets and advancing Anti-Money Laundering efforts alongside its upcoming digital tenge launch. Source link

HashKey secures VASP license in Ireland under MiCA regulations

HashKey Europe has entered Ireland following its approval for a VASP license under MiCA regulations, enabling various crypto services. Source link

Global crackdowns target crypto scams and AI deepfake fraud

Vietnamese police arrest crypto mining scammers, Springfield warns about ATM fraud and Hong Kong busts AI-related scams. Source link

From genesis to global: The evolution of Bitcoin since block 0

From the historic genesis block to $100,000 BTC, Bitcoin’s journey spans 16 years of resilience, growth and innovation. Source link