Tether's move to freeze wallets sanctioned by the U.S. OFAC reflects a growing alignment with global regulatory standards, while South Korea's new regulations on digital asset interest highlight efforts to strengthen market oversight. Binance's discontinuation of Russian Ruble trading pairs on its P2P platform marks a strategic shift in compliance with international norms. Additionally, the partnership between Conio and Coinbase demonstrates the increasing integration of cryptocurrency services within traditional banking systems in Italy. Meanwhile, a significant legal ruling in Hong Kong against Huobi Global Limited for trademark infringement underlines the complex legal challenges facing major crypto exchanges.
