Looking for the latest trends and updates around crypto? Did you know what happened in crypto today? Here's the latest news on top trends and news impacting crypto regulation, blockchain, Bitcoin price, NFTs, DeFi and Web3, among others.
Crypto roundup: Latest trends, news and more
So, what new did happen today in crypto? Did Trump again launch a new crypto or the web3 market saw a rise in users?Let's check out the trends!
Binance faces fraud and money laundering allegations
The economic and financial crime division of the Paris Public Prosecutor’s Office has launched an investigation into Binance. The cryptocurrency exchange faces allegations of money laundering and tax fraud.
As reported by Reuters, on January 28 France authorities said it had opened a probe into the crypto exchange’s activities between 2019 and 2024. The investigation will be done over a money laundering case which is allegedly connected to drug trafficking.
To add onto this, some Binance users said the exchange incorrectly communicated information to them. This resulted in investing several losses.
Cboe BZX Exchange refiled bids to launch a spot Solana
On January 28, Cboe BZX Exchange refiled bids to launch a spot Solana $229.04 exchange-traded fund (ETF). The bids was filed on behalf of VanEck, Bitwise, 21Shares and Canary Capital. The applications was rejected last year by the Securities and Exchange Commission rejected.
Now, the new 19b-4 filings will be effective for the SEC’s review process under the regulator’s new, more crypto-friendly acting chair, Mark Uyeda, who made a crypto task force to make a framework for digital assets.
Czech National Bank governor propose Bitcoin reserve plan
The Czech National Bank (CNB) can become the first European central bank to invest in Bitcoin. This initiative comes as a part of its diversification strategy for the country’s foreign exchange reserves.
CNB Governor Aleš Michl announced his plan to present a Bitcoin (BTC) acquisition plan to the bank’s board meeting on January 30, as reported by Financial Times. André Dragosch, who is head of research at Bitwise, also highlighted the significance of the proposal. He made a post on X, explaining, “Just to put this into perspective: These BTC purchases alone would be equivalent to around 5.3 months of newly mined Bitcoin supply.”