Ohio Senator Niraj Antani has proposed a bill to legalize $BITCOIN as a payment method for state and local taxes, signaling a significant shift in the state's approach to cryptocurrency. This legislation aims to enhance the adoption of digital currencies in Ohio, building on the state's previous initiative to accept crypto for tax payments. If passed, the bill could position Ohio as a leader in digital finance, reflecting the growing importance of cryptocurrencies in the financial landscape.

Gemini, a crypto exchange founded by the Winklevoss twins, has announced the closure of all customer accounts in Canada by the end of 2024, prompting users to withdraw their funds within 90 days. This decision follows the introduction of stringent regulations by Canadian financial authorities requiring crypto trading platforms to pre-register, which has led several international exchanges to exit the Canadian market. The rapid regulatory changes are reshaping the operational landscape for these platforms, with Gemini previously acknowledging the significance of Canada in its international strategy.

Robinhood allows European users to deposit and withdraw cryptocurrencies from external wallets and exchanges, supporting around 20 cryptocurrencies.

Ripple gains in-principle approval from the DFSA, allowing broader access to its cross-border payment services in the Middle East.