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Tomorrow, First. News and intelligence for the agentic economy

  • China expands digital yuan trial to cover tax, social security, toll gates

    China has broadened the range of public services and the number of cities included in its digital yuan pilot project underway in the provinces of Zhejiang and Fujian. See related article: Chinese state media calls for wider e-CNY adoption Fast facts See related article: Hangzhou races to showcase digital yuan at Asian Games

  • New York State Assembly votes to pause crypto mining

    The New York State Assembly said it passed a cryptocurrency mining moratorium bill on Tuesday, blocking new permits and expansion for proof-of-work (PoW) mining facilities using carbon-based energy sources.  See related article: New York’s Bitcoin mining showdown sets stage for battles elsewhere Fast facts The bill needs approval by the New York State Senate. Existing…

  • Kraken gets Abu Dhabi nod to offer full services in MENA

    The Abu Dhabi Global Market (ADGM) Monday said it granted a full license to the global cryptocurrency exchange, allowing it to service customers across the Middle East and North Africa region. See related article: Dubai could be crypto’s promised land, Citi says Fast facts The license from the Financial Services Regulatory Authority (FSRA) of ADGM…

  • New US$1B crypto fund lands backing from a16z, Solana founders

    Former Microsoft strategist Joe McCann’s new crypto fund Asymmetric has gained backing from a16z’s Marc Andreessen and Solana cofounders Anatoly Yakovenko and Raj Gokal, The Block reported. See related article: KuCoin launches $100 mln fund for NFT projects Fast facts Asymmetric is aiming to raise US$1 billion to be split into a venture investment fund…

  • Binance launches crypto card for Ukrainian refugees

    Binance has partnered with European banking service provider Contis to launch a crypto card for Ukrainian refugees, enabling crypto payments in the European Economic Area for those displaced by the war. See related article: Russians turn to crypto as Western sanctions hit the ruble Fast facts Kirill Khomyakov, Binance’s Ukraine general manager, said the crypto…

  • Almost 60% of Bitcoin mining now on sustainable energy: BMC

    The Bitcoin Mining Council, a voluntary forum of cryptocurrency mining companies supported by Michael Saylor’s MicroStrategy Inc., said its latest quarterly survey showed the global Bitcoin mining industry is relying more on electricity from sustainable sources.  See related article: Can Ethereum’s proof-of-stake transition save the planet? Fast facts The global Bitcoin mining industry had a…

  • US charges two Europeans with helping N.Korea evade sanctions with crypto

    The U.S. Department of Justice (DOJ) says it has charged Spaniard Alejandro Cao de Benos and U.K. citizen Christopher Emms with allegedly assisting former Ethereum developer Virgil Griffith in presenting the uses of crypto to avoid U.S. sanctions against the Democratic People’s Republic of Korea (DPRK). See related article: Former Ethereum developer Virgil Griffith gets…

  • Binance may set up shop in G-7 country in Europe, says founder CZ

    The world’s largest crypto exchange may soon establish a regulated entity in a G-7 nation in Europe, Binance founder and CEO Changpeng Zhao said Tuesday at the Financial Times Crypto and Digital Assets Summit. See related article: Binance wants to play ball with regulators Fast facts Zhao said Binance already has a standard corporate structure…

  • 55,000 Meta Cricket League NFTs sell out in nine minutes

    Jump.trade, a gaming non-fungible token (NFT) marketplace by GuardianLink, sold 55,000 Meta Cricket League (MCL) collectibles within nine minutes of launching on Friday, Economic Times reported. See related article: NFTs are leveling up gaming and not all about money Fast facts Priced at $25 each, the Super Loot NFTs marked GuardianLink’s foray into the artificial…