BitMart will end operations of its global cryptocurrency exchange after 9 years, with full shutdown set for Jan. 31, 2027 at 1559 UTC. Trading is being restricted in phases, including halts to new account openings, deposits and new spot and futures orders. Automated services will also be wound down. Users will still be able to log in for a period after operations stop to review records and request withdrawals, but enhanced checks may apply.

The Financial Action Task Force urged countries to speed up enforcement of crypto anti-money laundering standards, citing growing illicit finance using stablecoins. It said most on-chain criminal activity identified in its latest annual review involved dollar-pegged cryptocurrencies. FATF warned criminal networks increasingly use stablecoins to avoid asset freezes and seizures, with some developing their own stablecoins. It noted more jurisdictions have adopted the travel rule but many lag in supervision and enforcement.