WAO ART

Mt. Gox has resumed Bitcoin repayments, transferring 12,000 BTC (approx. $709.4 million) to a new wallet. This transfer marks the first major movement of Bitcoin since July. The 12,000 BTC was sent to an inactive wallet address starting with “1PuQB.”

Brazil has approved its second exchange-traded fund (ETF) for Solana (SOL). This makes Brazil the first country to approve Solana ETFs, ahead of other nations like Canada and the U.S. The U.S. and Canada have pending filings for Solana ETFs but have not yet granted approvals.

Germany's BaFin has seized 13 unregistered crypto ATMs across 35 locations. Approximately €25 million ($28 million) in cash was confiscated during the operation. Violations included operating without the necessary permits under Section 32 of the Banking Act.

Binance and former CEO Changpeng "CZ" Zhao are facing a lawsuit in Seattle federal court. The lawsuit accuses Binance of facilitating money laundering that harmed U.S. consumers. Plaintiffs allege Binance laundered cryptocurrency stolen from various hacks and thefts.

Phoenix Group and Tether are collaborating to launch a stablecoin pegged to the UAE dirham. The initiative is subject to regulatory review and approval in the UAE. The new stablecoin aims to enhance the digital economy and create various opportunities.

Australia has approved the AU$30 billion SunCable project, the largest renewable energy initiative in the country. The project will generate electricity for three million homes and create 14,300 jobs. It involves building a solar farm in the Northern Territory and an 800 km transmission line to Darwin.

Nigeria's Federal Inland Revenue Service (FIRS) plans to implement a comprehensive tax system for cryptocurrency transactions. The initiative aims to modernize tax laws, enhance revenue collection, and replace outdated regulations. Binance is facing increased scrutiny from Nigerian officials.