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Data shows long-term Bitcoin holders continue accumulating, with their supply reaching 75% of circulating BTC, suggesting mature investors are unfazed by the bear market.
Congressman Warren Davidson has introduced a bill to outright ban a central bank digital currency in the US over privacy concerns and risks of government overreach.
The U.S. Securities and Exchange Commission (SEC) is currently reviewing over six spot Bitcoin exchange-traded fund (ETF) applications from major financial firms.
Indonesia has launched its first licensed crypto exchange and clearinghouse, marking a significant step towards establishing a regulated domestic digital asset trading market.
Kuwait has instituted a complete ban on all cryptocurrency activities, including trading, payments, and mining, over concerns related to financial crime and threats to national security.