The rally was broad-based, with SOL and AVAX advancing nearly 10% over the past 24 hours.
“The AMLR is not a ban of self-custody payments, self-custody wallets or P2P transfers,” Circle’s EU Policy Director Patrick Hansen said.
And what to expect next.
Bitcoin’s upward price trajectory in the past 24 hours has caused almost $40 million in BTC short liquidations.
CommEx, which previously acquired Binance’s Russian business in an undisclosed deal, has halted deposits and is closing down.
The Philippines Securities and Exchange Commission warned in November that the company was operating in the country without the necessary licenses.
Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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This represents the first weekly net outflows crypto funds have witnessed following a seven-week streak of inflows totaling $12.3 billion.
