The world’s first decentralized summit, CoinFerenceX, is happening today in Singapore, uniting over 25,000 Web3 innovators. Topics include DeFi 2.0, memecoins, and blockchain security.
New York granted Bullish US Operations a BitLicense, allowing it to operate legally in one of the most tightly regulated crypto markets.
SEC and CFTC Updates: The SEC is pushing for an “innovation exemption” to help crypto firms launch products without outdated regulatory hurdles. Meanwhile, the #CFTC is exploring allowing derivatives traders to use stablecoins and tokenized assets as collateral.
Interpol’s Operation HAECHI VI seized $439 million, including $97 million in crypto, targeting cybercrime across 40 countries. Over 68,000 bank accounts and nearly 400 crypto wallets were frozen.
India has topped the Global Crypto Adoption Index for the third year in a row, driven by a surge in Web3 startups and transaction volumes in the Asia-Pacific region.
With over 1,200 Web3 startups and $3 billion in funding, India is positioning itself as a global blockchain hub.