This Week In Crypto

  • Bitcoin Frogs Outshine Bored Apes, Emerges as Hottest NFT Collection. In a significant milestone for the burgeoning Ordinals market, the Bitcoin ($BTC) Frogs NFT collection has surpassed Bored Apes as the most traded collection, generating over $2 million from nearly 700 transactions over the past few days.
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  • EU Greenlights Landmark Crypto Licensing Regime. European finance ministers have unanimously approved a regional regulatory framework for digital assets, known as MiCA. Although formally adopted on May 16, the legislation will come into effect in mid-2024, and EU member states have agreed to cooperate on crypto asset taxation.

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