Crypto to ‘Banana Singularity,’ Bybit halts India services, and more: Hodler’s Digest, Jan. 5 – 11  

Kenya is preparing legislation to regulate cryptocurrencies with a draft proposal open for public feedback until Jan. 24.

According to the US Department of Justice, Wolf Capital’s co-founder has pleaded guilty to wire fraud conspiracy for luring 2,800 crypto investors into a Ponzi scheme.

The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.