Cryptocurrency Market News Digest
29.03.2021 - 04.04.2021We’re continuing our tradition: every week UCoin are publishing a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened 29 March through 04 April!
This week Ethereum has surged, setting several ATHs on the way up. The current all-time high is $2146. At the time of writing the currency is worth $2129.
Japan’s regulators have decided to follow a more strict approach to the crypto space, with new measures coming into force starting April 2022. Local crypto companies will have to comply with FATF anti-money laundering and combating the financing of terrorism, which means reporting their transactions to the regulator.
The UK has decided to focus on regulating stablecoins first and leave BTC and other cryptocurrencies for later.
TRON founder Justin Sun has spent $22 million for Picasso and Andy Warhol paintings; now he intends to tokenize them through his JUST NFT Fund.
Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!