Despite China’s ban on cryptocurrency trading, local governments in China are reportedly selling seized crypto assets through private companies in offshore markets to raise funds amid an economic slowdown.

Since about 15,000 BTC have been sold nationwide and 194,000 BTC are held, some experts suggest converting these assets into strategic reserves or creating a sovereign crypto fund in Hong Kong.😳😳😳😳😳😳

Fox Business reporter Eleanor Terrett wrote on X: "I noticed that Senator Elizabeth Warren was not very anti-crypto tonight. In fact, she said that as long as the industry follows the same rules as banks and has some consumer protections, 'I am all for a crypto system.'"
Is she backing down on her active opposition to cryptocurrency?😳😳😳

Coinbase improves Solana support, transactions 5x faster

The exchange promised to improve its infrastructure back in January after users experienced delays when withdrawing or depositing SOL.

Now, after the long-awaited changes, Coinbase promises fast throughput, improved liquidity, and additional security measures.🙈🙈🙈

Dutch bank ING is reportedly working with other traditional finance and cryptocurrency firms to develop a stablecoin designed to take advantage of the European Union’s MiCA regulation.😂😂😂