Ethereum’s institutional outflows hit record US$50M, CoinShares data says
Ethereum is bearing the brunt of negative sentiment on crypto, with net outflows from institutional products related to the token hitting a record of US$50 million last week.
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Bitcoin hashrate falls to lowest in 22 months amid China mining clampdown
Bitcoin’s hashrate fell to 58.7971 exa hashes per second on Sunday — the lowest point since August 2019.
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Britain bans Binance UK, but users continue business on crypto exchange
FCA says Binance is not permitted to offer regulated activities in the UK, but users of the world’s largest crypto exchange remain unaffected — for now.
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FATF: Most countries have yet to implement anti-terrorism crypto ‘travel rule’
Why are so few adopting FATF guidance for VASPs? Money laundering watchdog decries ‘continued misuse of virtual assets through jurisdictional arbitrage.’
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South Korean crypto exchange fee revelations deal blow to sector’s credibility
Payment for listings raises questions over integrity of cryptocurrencies’ credit scores as compliance deadline nears.
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How enterprises are fueling blockchain adoption among SMEs
What is blockchain and how can it help smaller companies? A special panel sponsored by Blockchain-based Service Network explores the use cases.
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Kazakhstan’s Bitcoin gold rush gathers pace as Chinese miners keep piling in
As China shuts down crypto mining over environmental concerns, miners are moving next door to Kazakhstan, one of the most coal-rich countries in the world.
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Hong Kong to press ahead with digital dollar, e-CNY plans
Hong Kong’s financial secretary has reiterated the city’s determination to develop digital versions of the Hong Kong dollar and the mainland Chinese yuan.