03/07/2022
⚡️The week was tough for all space. You should definitely see what’s new in the industry.
faced the biggest monthly loss in 11 years
June was Bitcoin’s worst month ever. According to CoinGecko, lost almost 38% in June and its second-biggest monthly loss since its launch in 2009.
It traded at over $31K at the start of the month and dropped to as low as $17,700 mid-month before rising by the end of the month at $19,209.
prepared regulation to take crypto under control
This Thursday, they showed the known as Markets in Crypto-Assets ( ). It is the first attempt at creating a comprehensive regulatory framework for virtual assets. It was designed to integrate hurdles for numerous players across the crypto space.
Global watchdog hurries countries and crypto companies to integrate key requirements
The Action Task Force tries to put pressure on virtual asset service providers and countries to fasten the integration of its rules on crypto. Only a quarter of respondents are currently making efforts.