Here is what happened yesterday in the crypto market:
UK Implements Strict Crypto Reporting Rules
The United Kingdom will require crypto companies to collect and report data on all customer transactions starting January 1, 2026, to enhance crypto tax reporting.
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Crypto Execs Increase Security Measures Amid Kidnapping Concerns
Following a series of kidnapping and ransom attempts, particularly in France, crypto industry executives are enhancing personal security and hiring more bodyguards.
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Bitcoin Bullishness with Potential $116K Target
Bitcoin is showing signs of a potential upside breakout, with some analysts predicting a rise to $116,000 in the near term and $200,000 by year end.
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Hong Kong Police Disrupt $15M Crypto Money Laundering
Hong Kong police have arrested 12 individuals involved in laundering $15 million using crypto and over 500 bank accounts.
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