Market summary

In Singapore, the TOKEN2049 conference highlighted the rise of stablecoins and the growing importance of Asia in crypto.

Citi raises its forecasts for Ethereum but becomes more cautious on Bitcoin.

The US Treasury confirms that unrealized gains in crypto will not be taxed via the CAMT.

China launches an offshore stablecoin based on the yuan to promote international trade.

In London, a woman pleads guilty in the case of the largest bitcoin seizure in the world.