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Crypto
Singapore Court Grants WazirX Four-Month Conditional Moratorium
WazirX, which lost $234 million in a hack, had filed an application with the Singapore High Court for a six-month moratorium.

PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto
The service won't be available to New York state businesses in the beginning.

Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO
In an interview, Michael Gronager also said it doesn't matter who wins the U.S. presidential election.

A Fire Alarm Interrupted an Aussie Crypto Summit. The Symbolism Wasn't Missed by a Concerned Industry
A regulator's comment at a crypto summit sparked industry concerns that companies may look to move abroad.

Binance Says It Helped India's Enforcement Directorate Trace $47.6M Related to a Gaming Scam
As many as four individuals have also been arrested.

Turkey Shelves Additional Plans to Tax Stocks and Crypto: Bloomberg
"We don’t have a stocks tax on our agenda," Vice President Cevdet Yilmaz told Bloomberg, including the country's plans that also affect crypto.

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments
Canada's central bank has said it is shifting its focus to broader payments system research and policy development.

Ether Is Going to Shine Again, Steno Research Says
The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.

Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol
The company will debut its first protocol on the Solana blockchain in early 2025 with more than $100 million in total value locked.

Germany's DZ Bank to Offer Customers Crypto Trading Through Boerse Stuttgart Tie Up
The first banks will be connected this year, with a phased roll out for selected retail customers.
