2024

Donald Trump

President Donald Trump

<p data-pm-slice="1 1 []">As 2024 transitions into 2025, the cryptocurrencies market faces a series of pivotal developments. These events, ranging from regulatory changes in the <strong>European Union</strong> to significant moves by major exchanges, could shape the trajectory of the industry. Here are six critical events to watch in the coming days.</p> 
<p data-pm-slice="1 1 []"><a href="https://www.qubetics.com/?utm_source=TBJ&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" decoding="async" class="size-full wp-image-67567 aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg" alt="Critical Week Ahead for Cryptocurrencies: 6 Key Events to Watch = The Bit Journal" width="728" height="90" title="Critical Week Ahead for Cryptocurrencies: 6 Key Events to Watch 47" srcset="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg 728w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3-300x37.jpg 300w" sizes="(max-width: 728px) 100vw, 728px"></a></p> 
<h2 id="eu-regulations-set-to-transform-crypto-landscape">EU Regulations Set to Transform Crypto Landscape</h2> 
<p>The European Union’s new regulations, effective December 30, aim to enforce stricter <strong>anti-money laundering (AML)</strong> measures and expand the travel rule guidelines to include cryptocurrency service providers. The <strong>European Banking Authority (EBA)</strong> has confirmed that crypto exchanges operating within the EU will now be required to report details of fund and asset transfers under Regulation 2023/1113.</p> 
<p>Additionally, the much-anticipated <strong>Markets in Crypto-Assets (MiCA)</strong> regulations will come into effect across the EU’s 27 member states. However, some nations, like Portugal, have yet to finalize implementing legislation, delaying the appointment of regulatory authorities. This gap underscores ongoing challenges in harmonizing crypto regulations across the bloc.</p> 
<h2 id="tether-usdt-faces-delisting-in-the-eu">Tether (USDT) Faces Delisting in the EU</h2> 
<p>As part of MiCA compliance, several European exchanges have delisted <strong>Tether (USDT)</strong> due to its lack of licensing under the new framework. Competitor <strong>Circle</strong>, which secured a license earlier this year, stands to benefit from this move. Exchanges must remove unlicensed stablecoins by December 30, pushing investors to explore alternatives and potentially increasing euro-based trading.</p> 
<h2 id="kraken-finalizes-monero-xmr-delisting">Kraken Finalizes Monero (XMR) Delisting</h2> 
<p>Kraken’s decision to discontinue support for <strong>Monero (XMR)</strong> will reach its final stage. By December 31, users must withdraw their holdings, after which any remaining XMR assets will be automatically converted to <strong>Bitcoin (BTC)</strong>. This move reflects broader industry trends of delisting privacy-focused coins due to regulatory pressures.</p> 
<h2 id="russia-implements-seasonal-mining-restrictions">Russia Implements Seasonal Mining Restrictions</h2> 
<p>Russia will enforce seasonal mining restrictions in three Siberian regions—Irkutsk, Buryatia, and Transbaikal—during peak winter energy demand. These restrictions will run from January 1 to March 15, 2025, and later from November 15, 2025, to March 15, 2026, reflecting the country’s effort to balance energy consumption with cryptocurrency mining activities.</p> 
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-80706" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/highlighting-major-cryptocurrency-events-in-2025.-The-artwork-features-a-bold-2025-at-the-center-s.webp" alt="Critical Week Ahead for Cryptocurrencies: 6 Key Events to Watch = The Bit Journal" width="1792" height="1024" title="Critical Week Ahead for Cryptocurrencies: 6 Key Events to Watch 48" srcset="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/highlighting-major-cryptocurrency-events-in-2025.-The-artwork-features-a-bold-2025-at-the-center-s.webp 1792w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/highlighting-major-cryptocurrency-events-in-2025.-The-artwork-features-a-bold-2025-at-the-center-s-300x171.webp 300w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/highlighting-major-cryptocurrency-events-in-2025.-The-artwork-features-a-bold-2025-at-the-center-s-1024x585.webp 1024w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/highlighting-major-cryptocurrency-events-in-2025.-The-artwork-features-a-bold-2025-at-the-center-s-768x439.webp 768w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/highlighting-major-cryptocurrency-events-in-2025.-The-artwork-features-a-bold-2025-at-the-center-s-1536x878.webp 1536w, https://thebitjournal.b-cdn.net/wp-content/uploads/2024/12/highlighting-major-cryptocurrency-events-in-2025.-The-artwork-features-a-bold-2025-at-the-center-s-860x491.webp 860w" sizes="(max-width: 1792px) 100vw, 1792px"></p> 
<h2 id="ftx-s-chapter-11-plan-to-take-effect">FTX’s Chapter 11 Plan to Take Effect</h2> 
<p>On January 3, 2025, <strong>FTX</strong> will implement its court-approved Chapter 11 restructuring plan. This milestone marks the beginning of claim distributions, expected within 60 days for approved claims in the convenience category. The plan aims to address the fallout from one of the industry’s most high-profile collapses.</p> 
<h2 id="macro-trends-and-cryptocurrencies">Macro Trends and Cryptocurrencies</h2> 
<p>Global financial markets remain subdued heading into the new year. In the U.S., attention turns to the ISM Manufacturing PMI data, while any policy updates related to former <a href="https://thebitjournal.com/citi-predicts-crypto-boom-in-2025-as-trump-policies-and-etfs-take-hold/" target="_blank" rel="noopener">President Donald Trump</a> could spark market volatility. The absence of a year-end rally in U.S. equities adds further uncertainty to the broader economic outlook.</p> 
<h3 id="the-bit-journal-s-perspective">The Bit Journal’s Perspective</h3> 
<p>As the crypto market navigates these critical developments, investors should brace for heightened volatility and new opportunities. For more insights into the rapidly evolving cryptocurrency space, stay connected with <strong>The Bit Journal</strong>.</p> 
<ul> 
 <li><a href="https://twitter.com/Thebitjournal_" target="_blank" rel="noopener nofollow">https://twitter.com/Thebitjournal_</a></li> 
 <li><a href="https://www.linkedin.com/company/the-bit-journal/" target="_blank" rel="noopener nofollow">https://www.linkedin.com/company/the-bit-journal/</a></li> 
 <li><a href="https://t.me/thebitjournal" target="_blank" rel="noopener nofollow">https://t.me/thebitjournal</a></li> 
</ul> 
<p>Follow us on Twitter and LinkedIn and join our Telegram channel to get instant updates on breaking news!</p>

Critical Week Ahead for Cryptocurrencies: 6 Key Events to Watch

Table of Contents

The Bit Journal

Other articles published on Dec 30, 2024

Best New Crypto to Buy? Solaxy Presale Hits $7 Million Milestone for First Solana Layer 2

Real estate AI platform Janover to accept crypto payments

816 Million Dogecoin In One Hour - What's Happening?

Altcoins Revolutionizing DeFi: Top Picks to Create Millionaires in 2025

ai16z mulls tokenomics shakeup, L1 launch

Ai16z Updates Tokenomics and Plans for Layer 1 Blockchain Launch

Join our free newsletter for daily crypto updates!