1. News
  2. News
  3. This Week We Will Enter 2025 Is Critical For Cryptocurrencies: Here Are 6 Important Events

This Week We Will Enter 2025 Is Critical For Cryptocurrencies: Here Are 6 Important Events

2025’e Gireceğimiz Bu Hafta, Kripto Paralar İçin Kritik: İşte 6 Önemli Olay
Share

Share This Post

or copy the link

This week, which connects 2024 to 2025, will also be important for cryptocurrencies. In this article, we will share some events that are expected to affect the market.

EU regulations are expected for cryptocurrencies

New EU regulations require cryptocurrency exchanges to comply with travel rule guidelines and strengthen anti-money laundering measures from December 30. The European Banking Authority (EBA) is taking important steps to strengthen anti-money laundering (AML) measures, announcing that travel rule guidelines will be extended to cryptocurrency service providers and intermediaries. From December 30, cryptocurrency exchanges operating in the EU will be subject to Regulation 2023/1113 (travel rule guidelines), which requires the reporting of information on the transfer of funds and crypto assets,

NCDT Coin Nedir? nuco.cloud Fiyat Yorumları ve Geleceği

On the other hand, the EU’s specific regulations for the cryptocurrency sector, namely the Market in Crypto Assets (MiCA), will come into force in 27 member states on December 30. However, some countries have yet to create legislation to implement MiCA. The Central Bank of Portugal stated on Monday that the regulatory authority responsible for these rules has not yet been determined due to the lack of adoption of legislation. Industry associations noted that part of the delay in national authorities was due to the short gap between the final technical standards published by ESMA in October and the implementation date.

USDT’s delist

The EU’s cryptocurrency asset law will come into full effect by the end of the year, and to comply with the Market Regulation on Crypto Assets (MiCA), several cryptocurrency exchanges in the EU have delisted mainstream stablecoin Tether’s USDT. The move affects the market for such tokens as new issuers try to fill the void and investors turn to using euros for cryptocurrency trading. Circle, Tether’s main competitor, received such a license in July. However, Tether has yet to receive such a license. In the absence of Tether’s license, regulated exchanges have until December 30 to delist the token.

Uzmanlar Açıkladı: Bitcoin İçin 1 Milyon Dolar Hedefi Mümkün mü?

Kraken completes XMR delist

Kraken announced that it would stop supporting XMR at the end of October. On October 31, it said it would stop trading and depositing all XMR markets. Users could withdraw their holdings until December 31, 2024. After tomorrow, they will have no chance to withdraw and their assets will be automatically converted into Bitcoin.

Russia enforces mining restrictions for cryptocurrencies

Russia will impose seasonal mining restrictions in three Siberian regions (Irkutsk, Buryatia and Transbaikal) during the winter energy summit. These restrictions will run from January 1 to March 15 in 2025 and then from November 15, 2025 until March 15 of the following year.

2024’ün Son Pazartesi Günü: Yarın O 21 Altcoin İçin Dikkat!

FTX’s Chapter 11 restructuring plan goes into effect on January 3rd

According to FTX’s announcement, the court-approved Chapter 11 reorganization plan will become effective on January 3, 2025, which is the record date for the first distribution. The first distribution is expected to be completed within 60 days of the effective date, applicable to approved claims in the convenience category.

Cryptocurrencies and macroeconomic outlook

Meanwhile, US stocks fell this Friday, disappointing investors’ expectations of a ‘Santa Claus rally’, and global financial markets tend to remain quiet in the coming week as the New Year holiday approaches. The US ISM Manufacturing Purchasing Managers’ Index (PMI) is the sole focus among economic data next week. However, any Trump-related policy headlines also have the potential to increase market volatility.

To stay up-to-date with the breaking news, follow us on Twitter, Facebook, and Instagram. Join our Telegram and YouTube channel

This Week We Will Enter 2025 Is Critical For Cryptocurrencies: Here Are 6 Important Events
Comment