Weekly Preview: Hong Kong Monetary Authority plans to implement Basel capital requirements for crypto assets; Binance suspends Binance Live streaming services; Web3 game studio ChronoForge shuts down due to funding shortages.

Get a 3-minute overview of the most anticipated Web3 events of the coming week. For more dates and a comprehensive preview of Web3 events, check out Web3Caff's " Web3 Preview Calendar " service.

Compiled by: 303, Web3Caff

December 30

Web3 game studio ChronoForge shuts down due to funding shortages.

Web3 game studio ChronoForge shut down on December 30 due to a lack of funds.

December 31

Binance suspends Binance Live streaming service

Binance ceased its Binance Live streaming service on December 31.

Hats Finance ceases operations of its centralized hosting front-end and server services.

Hats Finance ceased operations of its centralized hosted front-end and server services on December 31.

January 1

The Hong Kong Monetary Authority plans to implement the Basel capital requirements for crypto assets.

The Hong Kong Monetary Authority plans to implement the Basel capital requirements for crypto assets on January 1, 2026.

The UK requires crypto exchageto collect and report transaction records of their UK clients.

The UK requires crypto exchage to collect and report transaction records of UK customers starting January 1, 2026.

Upbit performs server maintenance and routine asset audits.

Upbit conducted server maintenance and routine asset audits on January 1.

Turkmenistan's cryptocurrency regulation law officially comes into effect

Turkmenistan's cryptocurrency regulation law will come into effect on January 1, 2026.

The EU's digital asset tax transparency law has officially come into effect.

The EU's digital asset tax transparency law came into effect on January 1.

Encryption services without a MiCA license are illegal in Lithuania.

Encryption services without a MiCA license are illegal in Lithuania starting January 1.

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