Bitcoin exchange reserve metric hits 3-year low
Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.
Day: 20 June 2024
Is Germany selling its BTC? Arkham-tagged wallet sparks curiosity
The German government-labeled wallet held 50,000 BTC since February and moved out 6,500 BTC on June 19.
New South Korean law requires exchanges to regularly review token listings
South Korea will implement the law on virtual asset user protection by July 19.
Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments
The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto...
Australian Bank Halts Development of ETH-Based Stablecoin
The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with...
Unlicensed Crypto Business Leads to Indictments in Utah
Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to...
IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East
The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia,...
