The exit was attributed by the world's largest cryptocurrency exchange in terms of trading volume to new regulations regarding stablecoins and investor limitations.
Can Government Track Bitcoin
Can Government Track Bitcoin latest news, images, analysis about Yes, Bitcoin is traceable. Here's what you need to know: 1. Blockchain transactions are recorded on a public, distributed ledger. 2. This makes all transactions open to the public - and any interested government agency. 3. Centralised crypto exchanges share customer data - including wallet addresses and personal … See more
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The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.15
On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.23
The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.24
Data from CryptoSlam, a platform tracking cryptocurrency statistics, reveals that NFTs built on the Bitcoin network have generated an impressive $167 million in the last month, rapidly approaching Ethereum's leading position.10
The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.20