Crypto leaders need to collaborate with regulators more — for the industry’s own good
A clear and balanced legal framework will encourage more crypto investment, while the industry can promote best practices, writes Mahin Gupta of Liminal.
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China’s Changshu city to pay civil servant salaries in digital yuan
State employees in China’s Changshu City will receive their salaries in digital yuan from May, as China’s CBDC expands in daily uses.
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Terraform Labs Kwon to get Montenegro court hearing May 11 on passport forgery charges
Kwon Do-hyeong will have a court hearing on May 11 in Montenegro on charges of allegedly attempting to travel using a false passport.
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Bitcoin, Ether gain, but hold losses for the week; U.S. equity futures lose ground
Bitcoin rose on Monday morning in Asia but was boxed in below US$28,000. Ether and most other top 10 tokens gained, but not by enough to erase losses for the past week.
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Uncertainty in crypto cycles from Memecoins & NFTs
A new memecoin craze is raising Ethereum transaction fees, but it’s also bringing new liquidity in for non-fungible tokens.
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Weekly Market Wrap: Can Bitcoin float above US$27,500 after sinking below US$30,000?
Bitcoin fell to US$28,000 in the same week the European Parliament passed its landmark crypto framework. Industry analysts told Forkast that holding US$27,500 will be crucial for Bitcoin in order to spark an upward momentum.
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Abu Dhabi calls for feedback on proposed legal framework for decentralized economy: CoinDesk
The UAE’s registration authority of Abu Dhabi Global Market is seeking feedback on its proposed legislative framework for distributed ledger technology, which will focus on disclosures, liquidation, and governance structures, according to a report by CoinDesk
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Bitcoin’s mempool congestion eases after millionth Ordinals inscription
Mempool congestion issues subsided after the Bitcoin network surpassed 1 million Ordinals inscriptions.
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Bitcoin, Ether decline; equities fall amid U.S.-China tension
Bitcoin and Ether fell by the end of Asian trading hours on Friday afternoon, together with all top 10 non-stablecoin cryptocurrencies by market capitalization apart from the BNB token. Asian equities declined along with U.S. futures, amid mounting political pressure between China and the U.S. Fast facts See related article: EU green lights MICA but…
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Sotheby’s to auction off NFTs owned by defunct hedge fund Three Arrows Capital
Leading auction house Sotheby’s said it will sell NFT artworks owned by the bankrupt crypto hedge fund Three Arrows Capital.