Wednesday, November 8 - Top Crypto News

Nov 8, 2023 · 3m 38s
Wednesday, November 8 - Top Crypto News
Description

Kenyan lawmakers have taken a proactive approach by asking the local Blockchain Association to create a crypto regulatory bill. Meanwhile, the crypto intelligence company Glassnode has shifted its focus towards...

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Kenyan lawmakers have taken a proactive approach by asking the local Blockchain Association to create a crypto regulatory bill. Meanwhile, the crypto intelligence company Glassnode has shifted its focus towards institutional investors and DeFi, divesting its tax software business to Blockpit. In Asia, South Korea's SK Telecom is breaking new ground with the launch of a Web3 wallet, in collaboration with Aptos Labs and Atomrigs Lab, indicating a growing interest in the integration of traditional business with blockchain technology. Over in Central Asia, Kazakhstan has tightened its crypto regulations, effectively blocking access to Coinbase for non-compliance, signaling a firm stance on digital currency operations within its borders. Finally, in the United States, Custodia Bank has commenced its Bitcoin custody services, overcoming previous regulatory challenges and marking a notable step forward for Bitcoin's institutional adoption.
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Author Giacomo Arcaro
Organization Giacomo Arcaro
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