The shadow of regulatory action has been looming over the global crypto industry for some time now. The FTX crash and the recent SEC action against cryptocurrency exchange Coinbase are some of the grim reminders of troubled times. Among concerns about regulatory action,...
Luno, a leading crypto exchange owned by the beleaguered Digital Currency Group, has shut down its operations in Singapore amid growing scrutiny surrounding the crypto industry. Despite the tightening regulations, bankrupt lender Babel has successfully extended its bankruptcy protection within the region. Luno...
The International Monetary Fund (IMF) is set to release a detailed handbook on central bank digital currencies (CBDCs) to provide guidance and support as interest in digital currencies grows. The interest in central bank digital currencies (CBDCs) has reached an unprecedented level, leading...
Bitcoin’s (BTC) on-chain data has recently revealed a significant milestone in the history of cryptocurrency. Glassnode data shows that the amount of bitcoin supply last active over 10 years ago has reached an all-time high of 2,673,268 BTC. In addition, the percentage of...