Japan’s Watchdog Wants a Strict Control Over Crypto Transfers
The Financial Services Agency of Japan is urging financial institutions in the country to increase their vigilance in monitoring potential illegal transfers to crypto exchange providers.
Crypto Investors’ Average Profit in 2023 Exceeded $800
In 2023, the average gain for individuals who hold digital assets was $887.6, whereas the previous year saw an average loss of $7,102.
Crypto Products’ Inflows in 2024 Reach $1.5 Billion
In its latest report, CoinShares indicated that from January 27 to February 2, investments in cryptocurrency products totaled $708 million, bringing the total for the year to $1.58 billion.
Bitpanda Unveils an Institutional Crypto Platform
Bitpanda is responding to the increasing demand for institutional cryptocurrency services in Europe by launching a new platform.
Outflow from Crypto Products Rises Driven by GBTC Sales: CoinShares
In a report from CoinShares, it was revealed that withdrawals from cryptocurrency investment products during the week of January 20 to January 26 totaled $499.7 million.
Bulgarian Authorities Demand $3B from Nexo
The crypto lending platform Nexo is seeking $3 billion in compensation from Bulgarian authorities for the losses it incurred during an investigation that was ultimately discontinued.
