Rostin Behnam, chair of the US Commodity Futures Trading Commission (CFTC), will resign on January 20, concluding a four-year term that highlighted the need for stricter regulation in the cryptocurrency sector. Under his leadership, the CFTC finalized regulations for carbon offset trading and pursued a significant $4.3 billion settlement with Binance for regulatory breaches. Concurrently, Russian authorities have begun proceedings to seize 1 billion rubles ($10 million) in Bitcoin from Marat Tambiev, a former official convicted for accepting a bribe of 2,718 BTC, marking one of Russia's largest bribery cases. Separately, the International Monetary Fund (IMF) recommended that Kenya enhance its cryptocurrency regulations to combat risks associated with criminal activities, noting that existing laws are outdated and ineffective against crypto markets. Additionally, New York Attorney General Letitia James has filed a lawsuit to recover over $2 million in cryptocurrencies from a scam that misled victims into believing they could earn money through remote work jobs.

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