​3. Corporate and Regulatory Developments

​Coinbase Relocation: Coinbase, the world's largest Bitcoin exchange, announced its decision to move its headquarters from Delaware to Texas. The company cited concerns over legal predictability in Delaware and a desire for a more innovation-friendly environment.

​DOJ Anti-Fraud Strike Force: The U.S. Department of Justice (DOJ) announced the creation of a new Scam Center Strike Force to combat Southeast Asian cryptocurrency-related fraud targeting Americans. The force has already seized over $400 million in cryptocurrency from these schemes.

​Japan Weighs New Rules: Japanese regulators are examining new rules for listed companies that hold large digital assets, spurred by growing corporate losses in crypto treasuries.