Rostin Behnam, the chair of the US Commodity Futures Trading Commission (CFTC), is resigning on January 20 after advocating for stronger regulations within the crypto sector during his four-year tenure. His leadership included overseeing significant cases, such as a $4.3 billion settlement with Binance, highlighting the need for better oversight due to the unregulated nature of the cryptocurrency industry. Meanwhile, Russia has started proceedings to seize approximately $10 million in Bitcoin from Marat Tambiev, a former official convicted of bribery, marking one of the largest cases of its kind in the country. Finally, the International Monetary Fund (IMF) has urged Kenya to update its crypto regulations, which currently rely on outdated frameworks, to effectively protect consumers and address challenges such as money laundering and terrorism financing. These events signal important shifts in regulatory landscapes and enforcement actions in the crypto space.

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