BlocksInform
Bitcoin, the world’s largest cryptocurrency by market cap, is trading down for a fifth straight day on Monday, the longest run since falling over six consecutive days in August last year. Bitcoin started to fall on Thursday after posting an upswing in January, when it gained 40%, according to tradingview data. Monday delivery is on its way as wall street equity futures and european stocks dipped following friday’s unexpectedly strong jobs report from the u.s. The rest of the cryptography market was trading in red on Mondays as well.
South Korea's Financial Services Commission on Monday published guidelines on which security tokens will qualify for regulation under the country's capital markets rules. The guidance comes ahead of highly anticipated regulations that will institutionalize security tokens. South Korea is working on comprehensive regulations for the crypto and blockchain sector, with lawmakers of the country's National Assembly considering 17 separate related proposals.
Sam Bankman-Fried showered politicians with tens of millions of dollars in campaign contributions before his FTX empire imploded in November. Now, the bankrupt crypto exchange wants that money back. On sunday, ftx group stated that it is the mailing of "confidential letters" to politicians and other bankman-fried political beneficiaries, its assistants and corporations, asking them to pay back the money before the month is over. In a press release the firm said it reserved the right to try and force repayments – plus interest – through court action.
