#Crypto hedge fund Galois shuts down after losing $40 million to FTX

🇺🇸 Montana Senate passes bill to protect Bitcoin and #crypto mining rights.

President ⁠biden budget proposal of 30% tax on #crypto mining electricity usage

#Crypto liquidity has worsened after banking scares this month.

#Bitcoin liquidity drops to 10-month low as market makers lose access to USD payout rails.

#PayPal will begin offering #crypto payment services for Venmo, which has more than 60 million customers.

#Mastercard will expand its #cryptocurrency payment card programme by seeking more partnerships with #crypto firms.

#Crypto Exchange Binance Trading Volume Fell Almost 50% in April

Stablecoin Market Hits 2-Year Lows In Terms Of Market Cap.

Significant events in the #crypto sector occurred in September with regard to stablecoins.

According to researcher CCData, one notable pattern was the #stablecoin market capitalization’s 18th consecutive month of decline, which culminated in a new low of $124 billion.

🇬🇧 UK minister pushes regulator to soften approach to #crypto advertising

A UK minister of parliament recently wrote to the Financial Conduct Authority (#FCA) urging the regulator to take a softer line on crypto firms as they adjust to the new advertising rules.