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The Crypto Catch-Up…

Snacks / Friday, October 27, 2023

🪙 Coins… Crypto exchanges including Coinbase and Binance are delisting coins at a record pace this year. It could be in response to increased pressure from regulators like the SEC, which called 19 tokens unregistered securities.

💰 Spendy… Crypto-analytics biz Chainalysis says North America is the largest crypto market by total transaction value received. But: 76% of transaction volume was from institutional investors, not mom-and-pop traders.

⚖️ Judgy… Prosecutors rested their case in Sam Bankman-Fried’s fraud trial. The former FTX CEO finally took the stand yesterday (though only after the jury was sent home) as the judge decided whether SBF’s planned testimony would be admissible.

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