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MiCa, AMLA and EU’s 'wild west' problem: Law Decoded, June 27-July 4
The Markets in Crypto-Assets passed the Tripartite negotiations, while the European Union anticipates a new body for AML regulation.
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs.
African infrastructure firm lands $150M to launch crypto water token
A new water delivery infrastructure system powered by cryptocurrency has received a massive investment from global investment firm GEM Digital.
Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more
The console's creators say it will be compatible with eight blockchains and have its own digital wallet, token, and marketplace, with a prototype coming in “a few months.”
Crypto community eyeing three macro events to tip crypto scales in July
Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry.
Indian crypto trading volumes slump following hefty taxes
Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet.
Institutional investors shorting Bitcoin made up 80% of weekly inflows
Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million.
ECB officials prepare for 'harmonization' of crypto regulations: Report
Regulators from 19 EU member states will reportedly attend a supervisory board meeting in July to discuss MiCA and its possible implementation.
Celsius pays down 143M in DAI loans since July 1
The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data.
Singapore's financial watchdog considers further restrictions on crypto
The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions.