Crypto Moves — Bitcoin, Ether fall; G20 watchdog to propose global crypto rules; Blockchain.com faces $270m loss

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded lower on Monday, down 3.70 percent to $20,539 at 12.10 p.m. Riyadh time.

Ether, the second most traded cryptocurrency, was priced at $1,144, down 3.67 percent, according to data from CoinDesk.

G20 watchdog to propose first global crypto rules in October

The Financial Stability Board on Monday said it would propose “robust” global rules for cryptocurrencies in October, following recent turmoil highlighting the need to regulate the “speculative” sector.