Recent regulatory actions in the US and Taiwan aim to tighten compliance in the cryptocurrency sector. The US is setting new reporting guidelines for crypto brokers, while Taiwan focuses on regulating foreign crypto exchanges. Alongside regulatory shifts, Ethereum co-founder Vitalik Buterin is enhancing blockchain privacy with "Privacy Pools." However, risks in the digital currency market persist, with a cryptocurrency whale suffering a $24 million phishing attack and former FTX Digital Markets co-CEO, Ryan Salame, reportedly facing legal consequences linked to the exchange's past activities.
