Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Crypto.com CEO Kris Marszalek has urged regulators to probe exchanges after $20 billion in liquidations, Bitcoin’s price may experience more volatility in the coming days. Meanwhile, major banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi are entering the stablecoin race.
Crypto.com CEO Kris Marszalek has called for a regulatory investigation into exchanges that suffered the largest losses following a record $20 billion in crypto liquidations over the past 24 hours.
In a Saturday post on X, Marszalek urged regulators to “conduct a thorough review of fairness of practices,” asking whether trading platforms had slowed down, mispriced assets, or failed to maintain proper anti-manipulation and compliance controls during the crash.
