Cryptocurrency roundup: EU introduces crypto-regulation

Bitcoin halted its decline this week as the EU moves to regulate the sector. Saloni Sardana rounds up the week’s cryptocurrency news.

Cryptocurrency tokens
(Image credit: © Jack Taylor/Getty Images)

Cryptocurrency lender Voyager Digital became the latest player to file for Chapter 11 bankruptcy this week after hedge fund Three Arrows Capital defaulted on a loan worth $650m issued by Voyager Digital.

But cryptocurrencies still recovered and rose this week as the market has faced a number of setbacks in the last few weeks

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Saloni Sardana

Saloni is a web writer for MoneyWeek focusing on personal finance and global financial markets. Her work has appeared in FTAdviser (part of the Financial Times),  Business Insider and City A.M, among other publications. She holds a masters in international journalism from City, University of London.

Follow her on Twitter at @sardana_saloni