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Today in crypto, Sequans Communications sold its remaining Bitcoin and ended its treasury strategy, Europe’s banking watchdog called for crypto lending to be brought under MiCA and StarkWare said the estimated cost of preparing a quantum-resistant Bitcoin transaction has fallen below $67.
Sequans Communications has sold its remaining 314 Bitcoin, completing its exit from a treasury strategy that once held more than 3,200 BTC.
The French semiconductor company said Thursday that the sale follows the redemption of its convertible debt in May and leaves it with no cryptocurrency holdings. Sequans will now refocus on its cellular internet-of-things and software-defined radio businesses.
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