#will

Tether, the issuer of the USDT stablecoin, has again provided assistance to US law enforcement by helping to recover about 1.4 million USDT stolen by fraudsters masquerading as technical support. Tether has announced that all recovered funds will be returned to the victims and that the company will maintain its voluntary cooperation with government authorities.

The UK's Financial Conduct Authority (FCA) will start accepting applications for Bitcoin and Ethereum crypto cETNs (Exchange Traded Notes).

SafePal, a decentralized crypto wallet, has launched a Visa virtual bank card, teaming up with Swiss bank Fiat24. This initiative promises decentralized and confidential asset storage, though the bank will maintain custody of user credentials.

Consulting firm Deloitte is seeking cryptocurrency experts holding Secret and Top Secret clearances issued by the U.S. Department of State. These specialists will be involved in probing financial crimes linked to cryptocurrencies and other digital assets.

The US Internal Revenue Service (IRS) has brought on board two former cryptocurrency company employees as consultants to aid in crafting the definitive tax regulations for digital assets. This move will impact all crypto businesses, including exchanges and brokers, requiring them to report all transactions per client.

Montenegro's Supreme Court in Podgorica has determined that Terra's founder, Do Kwon, will be extradited to the United States, according to news outlet Pobjeda.

American spot Bitcoin ETFs are set to become accessible to Indian users through the Mudrex cryptocurrency investment platform, backed by the venture capital fund Y Combinator. Initially, only the four most popular ETFs from BlackRock, Fidelity, Franklin Templeton, and Vanguard will be offered for sale.

The DeFi project Unizen has announced plans to refund victims of a hacking attack that resulted in losses of $2.1 million. Users who lost less than $750,000 will receive compensation "immediately."

China's state media is once again alerting its citizens to the dangers and illegality of cryptocurrency trading, as well as enforcing a total ban on mining. This move coincides with a surge in Bitcoin's popularity following the approval of spot ETFs and the anticipation of the upcoming halving event, which will reduce the reward for mining a block by half.

Ukrainian military drones will be upgraded with artificial intelligence technology from Helsing, a German firm specializing in defense AI products. This advancement follows an official agreement between the company and Ukraine's Ministry of Strategic Industries.

Decentralized crypto exchange PancakeSwap intends to open source its code. This will allow external developers to either fork the code or use it to develop new applications on various blockchains, exclusively through a specialized affiliate program.

Ladan Stewart, the leader of the SEC's crypto unit, has transitioned from the agency to join the law firm White & Case, Bloomberg reports. In her new role, she will spearhead the development of crypto and cybersecurity practices.