The Economic and Monetary Affairs Committee of the European Parliament has voted for measures requiring banks holding cryptocurrencies to set aside a punitive amount of capital.
Bitcoin investors have been progressively moving their holdings to self-custody solutions following the collapse of the world’s second-largest crypto exchange FTX.
Freeway has halted some of its services, citing unprecedented volatility in the foreign exchange and cryptocurrency markets.
Bitcoin and most altcoin prices have turned down and look to retest the underlying support levels.
Altcoins are carving out gains as Bitcoin price continues to trade within a tightening range.
FTX announced that over the next month, the exchange is expected to roll out various improvements to its matching engine.
Markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low.