Canary's Crypto Roundup: Bhutan Bets Big on Bitcoin, PayPal Cuts Fees with Stablecoins, Grayscale Launches PoS Fund

As our Crypto Canary gracefully takes flight, it brings a touch of curiosity through the complexities of the crypto universe. Bhutan takes a bold step, tripling its Bitcoin mining capacity to combat economic woes. Meanwhile, PayPal's Xoom facilitates fee-less remittances with PYUSD stablecoin. Grayscale introduces GDIF, catering to accredited investors with a focus on proof-of-stake tokens. Ripple ventures into the stablecoin market with a USD-pegged offering. South Korea tightens rules on crypto listings, while funding rounds pour into Wormhole, Ellipsis Labs, and Bitkraft Ventures. However, the community grapples with rug pulls and scams targeting dating app users and Google Play store users.

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