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Breaking news from COCO PAY: EU countries are not ready for crypto regulation, hackers are targeting crypto ATMs, and CZ is confident that China will create a Bitcoin reserve.

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COCO PAY brings you a selection of the most important Web3 news from the past week. Don’t miss out!

– BlackRock, the world’s largest asset management company overseeing $10.5 trillion in assets, highlighted artificial intelligence and Bitcoin as promising tools for asset diversification in its “Global Outlook for 2025” report.

– Coinbase urged its customers not to panic over rumors circulating on social media about potential account suspensions.

– Former Binance CEO Changpeng Zhao stated at the Bitcoin MENA 2024 conference that China will inevitably create its own Bitcoin reserve. He predicted that in the next 10-15 years, governments worldwide will start accumulating Bitcoin, driving its price growth and broader adoption.

– El Salvador and Argentina signed a cryptocurrency cooperation agreement to exchange experience and knowledge in digital asset regulation.

– Japanese cryptocurrency exchange Coincheck announced plans to go public on Nasdaq. The company’s market capitalization is estimated at approximately $1.3 billion.

– Nearly 25% of European uniоn countries are still not ready to implement MiCA requirements. For crypto companies lacking the necessary licenses, this could mean the end of operations within the EU.

– Hackers gained access to the personal data of 58,000 Byte Federal crypto ATM users, including names, addresses, phone numbers, ID details, and photos.

– In Texas, a bill (HB 1598) is under consideration to create a strategic Bitcoin reserve.

More updates are coming soon. COCO PAY — always in the know!

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