In the past 24 hours, a total of $324 million in leveraged positions have been liquidated, involving trading of various cryptocurrency assets. （Cointelegraph）
The Financial Stability Board (FSB), the G20 supervisory body, has issued ten “high-level” recommendations for regulating “global stablecoins” The recommendations seek to promote “consistent” and “effective” regulation of global stablecoins, such as Facebook’s Libra
China’s government has announced members of its national blockchain committeeIt includes executives from China’s central bank, as well as from tech giants Baidu and Tencent The committee would work on setting industrial standards for blockchain technology
Bitcoin is on track for its worst weekly performance since March, while U.S. demand indicators weaken as the Coinbase premium declines and spot ETFs reach a record volume.
Binance WLFI's current price is $0.1460, with a 24-hour increase of 20.26%. 24-hour transaction volume of 700 million US dollars, up 52.4%, for reference only
NCA: UK Crime Network, Worth Billions, Used Crypto to Funnel Drug Cash to Russias
--
A billion-pound laundering network spread across the UK used cryptocurrency to move criminal proceeds and help Russian interests evade sanctions, according to the NCA.