Investment in crypto products has surged, particularly due to the expected launch of a US Bitcoin ETF, with inflows nearing $2 billion. Nigeria's Central Bank has lifted its ban on crypto transactions, signaling a new era for the industry there. In the FTX bankruptcy case, a proposed settlement with former CEO Sam Bankman-Fried over Embed's acquisition is underway. Turkey is increasing its focus on digital assets, evidenced by President Erdoğan's appointment of a crypto expert to the central bank's committee. Lastly, Japan is contemplating a tax reform to eliminate corporate tax on unrealized crypto gains.
