Global

The Grayscale Bitcoin Trust (GBTC), a spot Bitcoin exchange-traded fund (ETF), saw a brief increase in investment inflows in early May after a prolonged period of financial losses since its inception.

Crypto exchange OKX is transitioning its Australian-focused services to a locally regulated entity as part of its expansion in the Asia-Pacific region.

The Commodity Futures Trading Commission (CFTC) has taken action against Falcon Labs, a Seychelles-based crypto brokerage firm, for not registering as a futures commission merchant (FCM) in the US.

The number of new Runes etched on Bitcoin daily has dropped below 250 for the past six days, with Monday seeing just 157 Runes etched—a significant 99% decrease from its peak in late April.

The Chinese government, through the Panshi City Public Security Bureau in Jilin Province, has cracked down on illicit cryptocurrency banking activities, as reported by local media.

After expressing his support for the cryptocurrency industry and accusing his opponent in the United States presidential race, Joe Biden, of perceived hostility towards the sector, former US President Donald Trump has announced plans for significant taxation cuts if elected.