Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop

Bitcoin, the largest cryptocurrency by market capitalization, was recently trading just below $46,000, down from a high earlier in the day above $47,000 and off about 1% over the past 24 hours,. Ether, the second-largest crypto by market cap, was changing hands at a little over $3,400, down roughly 1.5%.