Here’s what happened in crypto today By Cointelegraph

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‘s (BTC) supply continues to be bought up by long-term holders, according to new data from Glassnode. Kenyan lawmakers have asked the local Blockchain Association to develop a regulatory framework on which they could craft a crypto bill. Meanwhile, lawmakers have proposed cutting SEC Chairman Gary Gensler’s salary to $1, and Binance’s spot trading volume has fallen sharply.

Bitcoin supply held by long-term hodlers continues to rise

The quantity of Bitcoin held by its most ardent supports has reached a new all-time high, according to data from Glassnode.

Kenyan lawmakers ask local Blockchain Association to come up with crypto bill

US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1