Daily Crypto Digest | January 27 Top News Highlights
Key news on January 27 includes Tether boosting gold reserves, OpenAI's CISO departing, Zama launching on Binance Wallet, BTC holdings rising, and Japan's XRP regulatory plans.
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Hungarian Central Bank Governor Hints at Potential Increase in Gold Reserves to Stabilize Economy
Hungarian central bank plans to keep interest rates steady and may increase gold reserves to stabilize economy amid inflation concerns and currency fluctuations.
Read MoreTokenized Gold and DeFi Innovator Tenbin Raises $7 Million
Tenbin raised $7 million led by Galaxy Ventures. The platform plans to launch tokenized gold and high-yield forex tokens linked to emerging market currencies.
Read MoreAustralian Court Slaps BPS Financial With $9.7M Penalty Over Qoin Wallet Violations
BPS Financial was fined 14 million AUD ($9.7M) by an Australian court for operating its Qoin digital wallet without a license and misleading users, signaling increased scrutiny over digital finance compliance.
Read MoreMesh Secures $100 Million Funding with Valuation Surpassing $1 Billion
Mesh, a crypto payment network, announced its latest funding round, raising a total of $200 million and achieving a $1 billion valuation.
Read MoreTether Launches Federally Regulated Stablecoin USA₮, Paving the Way for Dollar-Backed Compliance
Tether has launched USA₮, a dollar-backed stablecoin regulated under the U.S. federal framework. Issued by Anchorage Digital Bank, the first federally regulated stablecoin issuer.
Read MoreBlockchain Breakthrough: $90 Million Investment Fuels Web3 Expansion
Jiuzi Holdings secures $90 million strategic investment to advance blockchain and Web3 ecosystem development.
Read MoreBloomberg Dollar Spot Index Hits Lowest Level in Over Two Years
The Bloomberg Dollar Spot Index recently hit its lowest level since March 2022, signaling a weakening US dollar. Analysts attribute the trend to shifts in Fed policy expectations and global economic conditions.
Read MoreTether Generates $15 Billion Profit in 2025, Surpassing South Korea's Economic Scale in Asset Holdings
On January 27, 2025, Fortune reported that Tether generated $15 billion in annual profits, with U.S. Treasury holdings surpassing economies like South Korea, alongside major allocations in Bitcoin and gold.
Read MoreHK SFC Issues Warning: R-Coin Wallet/R-Wallet/Ju Man Jin Suspected of Fraudulent Activities
The HK SFC has added R-Coin Wallet/R-Wallet/Ju Man Jin to its list of suspicious virtual asset platforms, accusing it of fraud and false claims of regulatory licensing.
Read MoreHong Kong and UAE Sign Landmark Digital Asset Regulatory MOU
Hong Kong SFC and UAE CMA ink first cross-border MOU to enhance regulatory collaboration on digital assets.
Read MoreFed Shifts to Wait-and-See Stance as Rate Cut Outlook Clouds
The Fed is expected to pause rate cuts this week as officials weigh changes in inflation and the job market. Though cuts remain possible, timing and triggers are unclear.
Read MoreEvening On-Chain Insights: Privacy Coin Bulls and Bears Clash as Whales Adjust Positions
On January 27, whales actively adjusted positions in privacy coins. Some reduced exposure while others doubled down, signaling shifting market dynamics in XMR and DASH.
Read MoreArizona Cryptocurrency Tax Reform Bill Gains Momentum
Arizona's Senate Finance Committee passes SB 1044 and SCR 1003, aiming to exempt cryptocurrency from property tax. The bill redefines virtual currency and will go to voters in November. Despite previous vetoes, the proposal advances to the Senate Rules Committee.
Read MoreStandard Chartered Warns: Stablecoins Pose Real Threat to Traditional Bank Deposits
Standard Chartered analysts warn that stablecoins are threatening traditional bank deposits, especially affecting regional banks in the U.S.
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