Bitcoin reaches all-time high: On March 31st, 2023, Bitcoin hit a new all-time high of $324,000 per coin, surpassing its previous high of $64,000 in 2021.
PayPal announces plans to support cryptocurrencies: In a recent earnings call, PayPal CEO Dan Schulman announced the company's plans to allow users to withdraw cryptocurrencies to external wallets, as well as to integrate digital assets into its payment system.
India proposes cryptocurrency ban: The Indian government has proposed a bill that would ban all private cryptocurrencies and introduce a digital currency backed by the Reserve Bank of India. The bill also proposes fines and imprisonment for individuals found trading or mining cryptocurrencies.
Visa to offer cryptocurrency payment services: Visa has announced plans to allow its customers to use cryptocurrencies for online purchases through its payment network. The company also plans to launch a crypto-related API platform to enable banks to offer cryptocurrency services to their customers.
Coinbase goes public: Coinbase, one of the largest cryptocurrency exchanges in the world, went public on the Nasdaq stock exchange on April 4th, 2023. The company's listing was seen as a significant milestone for the cryptocurrency industry and a sign of increased institutional adoption.