Category: Uncategorized

Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta
The National Unity Government bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.

UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling
The Treasury says it has learned lessons from FTX’s collapse, and that gambling law doesn’t deal with crypto risks.

SEC’s Stuttering Litigation Strategy Draws Comment From France
French officials boast of crypto-ready laws that contrast with a stuttering enforcement campaign from the U.S. SEC – and are looking to the next generation of Web 3 gaming rules.

Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
The crypto trading platform plans to hire up to 60 new members of staff in the region.

Proposed Legal Reforms Aid UK Crypto Dreams – but Offer Scant Hope for Bitcoin Developers Sued by Craig Wright
A new Law Commission report doesn’t address legal concerns beyond token ownership, lawyers told CoinDesk.

Kuwait Regulator Bans Crypto Payments, Investment and Mining
The prohibitions are an effort to comply with the FATF’s recommendations to prevent money laundering via crypto, the Capital Markets Authority said.

El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally
El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.

Crypto Traders Flock to Unibot as Telegram Bot Tokens Near 0M Market Cap
The swiftly-growing category commands a market capitalization of just under $100 million.

FTX Seeks to Recover M from Its Philanthropic and Life Science Arms
The firms funneled corporate funds to other organizations on behalf of their founder Sam Bankman-Fried’s “personal aggrandizement,” a court filing shows.

Bitcoin Spot ETFs Could Bring B in New Demand, Crypto Trader NYDIG Says
A lot can be learned from the listing of the first Gold ETF, but looking to the past also comes with some caveats