This week's crypto market highlights:
Regulators ignored Kraken CEO's fraud warnings
FTX Japan will resume crypto and fiat withdrawals
Two thirds of Telo subscribers do not agree with US SEC's crypto crackdown
Stablecoins are a small portion of the global currency circulation, do not meet global financial standards, should not be granted legal tender status
Average retail crypto investor lost half of their investments
China informally supports Hong Kong's crypto initiatives
Bitcoin whale numbers dropped to a minimum since 2019
Mormon Church hid $23bn in assets
IEX and Coinbase discuss creating a federal crypto exchange
Multiple countries test CBDC's
Dormant wallets with 20% of TON supply voted to be frozen
EU won't ban anonymous wallets
Concerns raised about Ethereum's decentralization
Gensler believes Ethereum could be a security
US Bitcoin hourly volumes dominate over Asian
TON ranked 29th most influential blockchain
