During the period from May 25 to May 31, a total of $185 million was invested in cryptocurrency products. This brought the total for the month of May to almost $2 billion, according to calculations by CoinShares.
Bucharest, Romania, 4th June 2024, Chainwire
Phoenix, USA, 4th June 2024, Chainwire
On June 30, 2024, the new MiCA rules for stablecoins will go into effect in the European Economic Area (EEA), and crypto exchange Binance has warned its users about the upcoming restrictions.
Major cryptocurrency exchange OKX has officially launched in the Netherlands, introducing a local trading platform and a secure Web3 wallet for users.
Seychelles, Seychelles, 3rd June 2024, Chainwire
Since mid-May, there has been a significant increase in capital flowing into the Bitcoin ETF market, as reported by Farside.
A property with 2,738 units dedicated to crypto mining in Salto del Guairá, Paraguay, was recently confiscated by the National Electricity Administration (ANDE) after an investigation revealed unauthorized power connection in the area.
President Joe Biden of the United States has rejected a resolution aimed at overturning the SEC’s Staff Accounting Bulletin (SAB) No. 121.
SANTA CLARA, California, 31st May 2024, Chainwire
A recent report from blockchain security firm Immunefi revealed a 12% decrease in losses from fraud and hacks in the crypto industry compared to the previous year.
BlackRock submitted an updated registration statement for its proposed Ethereum fund, highlighting the ongoing efforts of financial firms to offer and trade similar products.
The implementation of the Financial Innovation and Technology for the 21st Century Act (FIT21) is expected to be a lengthy process, potentially taking several months or even years for coordination between regulators in the United States prior to the enforcement of the rules.
Grand Cayman, Cayman Islands, 30th May 2024, Chainwire
Israel is looking to accelerate the development of its national digital currency, the digital shekel, through a collaboration with various service providers.
