Binance, the world’s largest cryptocurrency exchange, has received its 21st global regulatory approval, this time from Brazil’s central bank, Banco Central do Brasil. This approval positions Binance as the first crypto exchange to obtain a broker-dealer license in Brazil, a country that leads Latin America in population and economic influence.  

Global cryptocurrency exchange KuCoin has unveiled a point-of-sale (PoS) system designed to enable businesses to accept payments directly from users' KuCoin balances. This new feature, called KuCoin Pay, aims to make crypto transactions more accessible for both merchants and consumers.  

Bitcoin’s hashrate, the total computing power securing the blockchain network, reached a milestone of over 1,000 exahashes per second (EH/s) on January 3, 2025, according to data from CoinWarz. This figure represents nearly double the hashrate recorded in January 2024, which hovered around 510 EH/s.  

El Salvador has officially joined the ranks of nations with significant Bitcoin (BTC) reserves, amassing a total of 6,000.77 BTC as of Dec. 29, 2024. This milestone, announced by the National Bitcoin Office of El Salvador, highlights the Central American country's ongoing commitment to Bitcoin as a strategic treasury asset under President Nayib Bukele’s leadership.  

Hong Kong could become a trailblazer in Bitcoin adoption as a national reserve asset, leveraging its unique position under China’s “one country, two systems” policy. Wu Jiezhuang, a member of Hong Kong’s Legislative Council, has called for a strategic approach to integrating Bitcoin into the city’s financial framework to ensure financial security and attract global investment.