Today BTC is trading at $7,063.0 (+4.08%). The world is going through a crisis with an escalating number of covid-19 cases causing economic turmoil in many countries. The International Monetary Fund (IMF) has declared a global recession, noting that at least 80 countries have asked for its assistance. Nonetheless, since our last regulatory roundup, a number of countries have made announcements relating to their cryptocurrency regulations. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea.