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Regulation
China’s Zhejiang Busts GPU Mining Operation in Public Facilities
Bitoin mining has borne the brunt of China’s crackdown so far.
WeChat Appears to Censor Binance and Huobi Searches
The move comes after China’s top regulators called for more scrutiny of crypto information providers.
Binance to Delist Chinese Yuan Trading From C2C Platform
The crypto exchange will also run “inventory” to make sure none of its users are from mainland China.
Soccer NFT Platform Sorare Is Being Investigated by UK Gambling Regulator
The United Kingdom Gambling Commission wrote that Sorare may have to register as a licensed gambling operator.
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.
Market Wrap: Bitcoin Ends Week Notching 14% Gain
The largest cryptocurrency by market capitalization also surpassed $1 trillion again this week.
Regulatory Uncertainty a Recurring Theme at London’s Token2049
The crypto community needs to do a better job of lobbying and educating politicians, said Galaxy Digital chief Mike Novogratz.
US Wants to Regulate Stablecoins First
Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.
Northern Data Slumps as Market Manipulation Allegations Surface
Investors have lost about $300 million after reports BaFin filed a complaint against the company.
FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’
The international body said last year’s recommendations on global stablecoin regulation were still at an “early stage.”