US cuts off MEXC and drops a crypto tracking plan
In short
- US bars its banks from dealing with exchange MEXC
- US drops plan to track crypto transfers from $250
- Nigeria sets strict rules for stablecoin issuers
- Rule to let 401(k)s hold crypto goes to the White House
- Amundi brings a big share index fund to Ethereum
- $16bn
US cuts MEXC off from American banks over $16bn in illicit flows
Regulation
US Treasury, FinCEN - $250
US drops plan to track crypto transfers abroad from $250
Regulation
FinCEN, The Block - 20%
Nigeria's central bank licenses stablecoins, bans algorithmic ones
Stablecoins
Central Bank of Nigeria, The Block - $10.1tn
US rule letting 401(k)s hold crypto reaches the White House
Regulation
reginfo.gov, The Block - €22.8bn
Amundi puts a €22.8bn European share index fund on Ethereum
Infrastructure
Amundi, Ledger Insights
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- US cuts MEXC off from American banks over $16bn in illicit flowsPost to X
- US drops plan to track crypto transfers abroad from $250Post to X
- Nigeria's central bank licenses stablecoins, bans algorithmic onesPost to X
- US rule letting 401(k)s hold crypto reaches the White HousePost to X
- Amundi puts a €22.8bn European share index fund on EthereumPost to X