Evening News Update #Web3


📉 Since the start of the yr, $ETH mainnet has seen a net outflow of $6B, with 83% flowing to L2 networks.


🇧🇷 Brazil’s Central Bank is considering a tax on stablecoin remittances and may issue special licenses for trading platforms.


🌏 Asia has surpassed N. America, becoming the largest region for crypto devs.


📈 Digital asset exchange Archax has acquired Spanish brokerage firm #KSCM.


🔄 #Grayscale transferred 1,540 ETH, valued at $4.06M, to Flow Traders.


#ETH #L2 #Stablecoin #Brazil #Crypto #Asia #Archax #Grayscale #FlowTraders