Today time’s version of the weekly recap involves prime headlines of Enact Kwon, Razzlekhan’s contemporary song video, Bitcoin’s label mosey, Bhutan’s crypto reserve, and completely different trending news items.

Enact Kwon trial date space for early 2026

The Terraform Labs co-founder’s trial is scheduled for Jan. 26, 2026, in New York’s Southern District Court.
Enact Kwon, who pleaded now not responsible to a couple of fraud charges, will remain in federal detention until the trial. The complaints, anticipated to final four to eight weeks, will deal with legal charges connected to the $40 billion collapse of TerraUSD and Terra (LUNA) in 2022.

Mango Markets announces closure

The Solana (SOL)-based mostly mostly decentralized exchange will live operations on Monday after an SEC settlement requiring the destruction of MNGO tokens and their elimination from all exchanges.
The protocol will implement changes to curiosity charges and collateral necessities on January 13 at 8 p.m. UTC, with both proposals receiving unanimous make stronger.

Will Meta stoop crypto?

Ethan Peck, a National Heart employee, submitted a Bitcoin Treasury Shareholder Proposal to Meta on behalf of his family, marking but one more strive to bring the cryptocurrency to the boardrooms of tech giants.
Tim Jotzman, a Bitcoin podcast host, shared the proposal on Jan. 10 by ability of a social media post.

Heritage toasts Bitcoin

Heritage Distilling Holding Company has announced a brand contemporary Bitcoin Treasury Policy Observation, maintaining it as a strategic asset.
The firm furthermore plans to enable potentialities to aquire merchandise on its bid-to-consumer e-commerce platform using Bitcoin. This would well furthermore originate and hang Bitcoin as section of its company treasury technique.

Frequent Chartered establishes contemporary crypto custody

Frequent Chartered launched a brand contemporary digital asset custody entity within the European Union, building on its September open within the UAE.
The British financial institution is amongst the first international institutions to adopt crypto buying and selling, working Bitcoin (BTC) and Ethereum (ETH) buying and selling desks.

North Dakota proposes crypto funding

North Dakota’s Reveal Legislature launched Decision 3001, proposing funding in digital assets and precious metals to battle inflation.
The proposal plans to make investments pick out tell funds in digital assets and precious metals as an inflation hedge. Representatives Nathan Toman, Matthew Heilman, Jared Hendrix, Daniel Johnston, SuAnn Olson, and Todd Porter, along with Senators Jeff Barta and Bob Paulson, are backing this initiative.

DOJ approval to promote Silk Freeway BTC

The Division of Justice cleared a fundamental hurdle in its greatest-ever cryptocurrency asset sale.
A federal resolve denied Wrestle Born Investments’ strive to dam the sale of 69,370 Silk Freeway Bitcoin, seized in 2020 from an unidentified hacker identified as “Particular person X.”

Asian regulatory pain changes

South Korea is getting animated a protection shift because the Financial Companies Commission plans to progressively launch cryptocurrency buying and selling to institutions, beginning with non-profit organizations.
Here’s a completely different stance from present restrictions limiting buying and selling to retail investors with loyal-name accounts.
In another style from South Asia, a metropolis in Bhutan has adopted a crypto reserve technique incorporating Bitcoin, Ethereum, and BNB.

UK Pick dismisses £600 million BTC lawsuit

In the UK, Pick Andrew John Keyser KC brushed apart James Howells’ excessive-profile case in opposition to Newport Metropolis Council regarding a discarded demanding power allegedly containing £600 million in Bitcoin.
Howells had sought either landfill get entry to or £495 million in compensation after his feeble partner reportedly disposed of the skill in 2013.

Bybit temporarily pauses in India

Bybit announced a short lived suspension of products and companies for Indian users, sustaining handiest withdrawal get entry to while pursuing registration as a Digital Digital Asset Provider Supplier.
At some point soon of this duration, Indian users is doubtless now not in a home to launch contemporary crypto or fiat trades, get entry to buying and selling merchandise, or blueprint shut half in campaigns. Gift derivatives positions will be space to “shut-handiest” mode, permitting users to shut their positions but preventing them from making changes or adding to them.

NFT market reveals energy

The NFT market confirmed independent energy despite broader cryptocurrency weak spot. Whereas Bitcoin and Ethereum fell, NFT sales quantity increased 10.70% to $155.4 million.

Bitfinex’s Razzlekhan drops song video

Heather Morgan, identified as Razzlekhan, released a brand contemporary song video titled “Razzlekhan vs. The United States” prior to her 18-month penal advanced sentence for allegedly laundering BTC stolen from Bitfinex.
The video notably avoids bid references to her appropriate complaints.