Bitcoin Supply on Exchanges Hits Multi-Year Low as Public Firms Boost Holdings
The amount of Bitcoin held on cryptocurrency exchanges has dropped to its lowest point in over six years, a shift largely attributed to increased buying activity from publicly listed companies, according to a recent update from Fidelity Digital Assets. In a post shared on X (formerly Twitter), Fidelity noted, “Bitcoin reserves on exchanges have been […]
Russia to Launch Crypto Exchange for Elite Investors Under Pilot Program
Russia’s finance ministry, in collaboration with the central bank, is preparing to roll out a new cryptocurrency exchange tailored specifically for top-tier investors, according to reports from Russian media on April 23. Finance Minister Anton Siluanov revealed the initiative during a recent government meeting, stating that the exchange will operate under a special experimental legal […]
SEC task force met with Trump-supporting firms to discuss crypto regulation
The U.S. Securities and Exchange Commission’s (SEC) crypto-focused task force, led by Commissioner Hester Peirce, is continuing discussions with digital asset firms as the agency weighs updates to its regulatory framework. A notice dated April 24 revealed that the SEC met with representatives from Ondo Finance and legal firm Davis Polk & Wardwell. The conversation […]