What happened to cryptocurrencies?

Since the start of the year, cryptocurrencies across the board have generally trended downward in value, exposing vulnerabilities for some players in the industry. The Terra Luna collapse in May caused significant fallout for the entire crypto space, wiping out almost $US60 billion from the crypto markets in a matter of days.

Why is cryptocurrency market news important?

Due to those factors, the Market News Cryptocurrencies are constantly updated so investors should not miss the cryptocurrency market opportunities. Regulation: One of the most important drivers of the cryptocurrency price is the regulation.

Should crypto exchanges comply with anti-money laundering and economic sanctions?

Separately, Sens. Jack Reed (D-R.I.), Mike Round s (R-S.D.), Mark Warne r (D-Va.) and Romney have a new bill that would require decentralized crypto exchanges and crypto kiosks to comply with the same anti-money laundering and economic sanctions rules as banks.

Are crypto exchanges cutting faster than ever?

Despite Bitcoin posting its largest weekly gain in nine months, exchanges are still cutting faster than ever. Coinbase Global, the largest digital-asset exchange in the US, is cutting 20% of its workforce, or around 950 employees, as the crypto market slump continues.