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The lawmakers also referred to the enforcement actions against crypto companies by the SEC. The US lawmakers have put the chairman of the Securities and Exchange Commission (SEC) Gary Gensler on a hot seat over rushed rulemaking. For the first time since the Republicans took over the House of Representatives
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Most notably, the EU would extend the so-called “Travel rule,” which currently applies to wire transfers managed by global banks, to require crypto-asset service providers to collect and report data about the originators and beneficiaries of crypto-asset transfers. Original Source
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The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath. The March 12 meltdown saw the price of Bitcoin (BTC) drop to a new 2020 low at $3,775. An official blog post by bitbank market analyst
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