Category: Uncategorized

UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.

Canadian Lawmakers Call for National Blockchain, Crypto Strategy
The government should recognize blockchain as an emerging industry with “significant” long-term economic and job creation opportunities, a lawmaker committee on industry and tech said.

Developer Six Clovers Rolls Out Cross-Border Crypto Payments on Sui
Versal Network will allow companies to transact in stablecoins and central bank digital currencies.

First Mover Americas: Coinbase Responds to the SEC’s Lawsuit
The latest price moves in bitcoin (BTC) and crypto markets in context for June 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% rate for crypto held longer than a year

Tokenization Is Likely to Transform Infrastructure and Financial Markets: Bank of America
Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said.

New deBridge Feature Lets Solana Users Easily Access Any Ethereum-Based Blockchain
The firm today launched a tool to allow for limitless information and liquidity transfers between Solana and EVM-based blockchains.

Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup
Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January.

COMP Token Rises by 50% in 4 Days Amid Flurry of Whale Activity on Binance
The native token of decentralized finance protocol Compound (COMP) has surged by more than 50% in four days following a spike of volume and outflows on Binance.

Binance Crypto Custody License Application Denied by German Regulator BaFin: Report
Binance said it is continuing to comply with BaFin requirements in “a detailed and ongoing process.”