Washington is looking at ways to crack down on abuses in the business with a stronger hand than they were planning on taking before FTX's demise, and the industry is under the microscope as a result.
Digital assets' busts, scandals, and FTX’s spectacular and sudden collapse were a boon to crypto skeptics, but they were devastating to the industry as a whole.
Regulators like Gary Gensler, who is the chairman of the US Securities and Exchange Commission (SEC), have been pushing for a more aggressive, enforcement-driven approach to the asset class for a long time.
Binance coverts all of its SAFU to USDC whilst making a return to India despite the country exiling leading exchanges
Dubai Airport advised travellers to avoid the airport but Token2049 left conference-goers "liquidated"
This move comes amid Abu Dhabi's growing prominence as a hub for institutional crypto activity.
Web3 VC investment deals rose 36% while seed round deals increased 53%
Though it reached a new high in March, experts surveyed by Blockhead are unsure if it will reach $100,000 this year due to volatility. However, they are bullish on Bitcoin in the long term, expecting it to hit $100,000 next year and $150,000 by the end of 2025.
Binance coverts all of its SAFU to USDC whilst making a return to India despite the country exiling leading exchanges
Dubai Airport advised travellers to avoid the airport but Token2049 left conference-goers "liquidated"
This move comes amid Abu Dhabi's growing prominence as a hub for institutional crypto activity.
