Regulated Crypto Thrives Amid Crackdown
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While unlicensed platforms are blocked, regulated players are expanding services. PDAX partnered with payroll provider Toku in November 2025 to let remote workers receive salaries in stablecoins, avoiding wire fees. In December, digital bank GoTyme launched crypto services through a partnership with US fintech Alpaca, offering 11 crypto assets directly in its banking app. The crackdown is steering users toward licensed exchanges and compliant infrastructure.