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Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.
During a pilot phase, the environment was used to test the eco-friendliness of decentralized ledgers.
The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.
The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.
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 Web3 gaming rules.
A new Law Commission report doesn’t address legal concerns beyond token ownership, lawyers told CoinDesk.
The prohibitions are an effort to meet requirements set by the FATF on preventing money laundering via crypto, the Capital Markets Authority said.
The firms funneled corporate funds to other organizations on behalf of their founder Sam Bankman-Fried’s "personal aggrandizement," a court filing shows.
The chairman asked U.S. lawmakers for $72 million in extra funding to, among other things, protect investors from crypto markets “rife with noncompliance.”
The Financial Conduct Authority has turned down some of the largest crypto firms in the world in the last two years, its CEO Nikhil Rathi told lawmakers at a hearing.
- 15:01RootData: Notcoin token (NOT) rose 56.88% in 24 hoursAccording to ChainCatcher, according to RootData data, Notcoin token (NOT) rose 56.88% in 24 hours and is now at $0.020. According to RootData, a Web3 asset data platform, Notcoin is a game based on Telegram, where users can earn in-game tokens by clicking on coin images. Notcoin's goal is to try to attract the public to the cryptocurrency field by attracting the public and removing the complex barriers to handling tokens.
- 15:01Data: More than $12 million worth of tokens will be unlocked next weekAccording to ChainCatcher, Token Unlocks data shows that GAL, HFT and other tokens will be unlocked at one time next week, with a total release value of approximately US$12 million. Among them: Liquity (LQTY) will unlock about 657,000 tokens at 8:00 am Beijing time on June 5, which is 0.68% of the current circulation and worth about US$760,000; Galxe (GAL) will unlock about 2.03 million tokens at 8:00 am Beijing time on June 5, which is 1.76% of the current circulation and worth about US$7.4 million; Euler (EUL) will unlock about 60,000 tokens at 1:14 am Beijing time on June 7, which is 0.32% of the current circulation and worth about US$290,000; Hashflow (HFT) will unlock about 13.62 million tokens at 8:00 pm Beijing time on June 7, which is 3.36% of the current circulation and worth about US$4 million.
- 15:00Nigeria Becomes the Country Most Interested in BitcoinGolden Finance reported that Google Trends statistics show that Nigeria has become the country with the most interest in Bitcoin, and El Salvador is second. Regions with low security levels, low bank penetration and a high proportion of millennials are more likely to adopt Bitcoin as a trusted means of storing value and convenient payment. The Nigerian government has recently taken some actions to try to solve economic difficulties and prevent currency collapse. In May 2024, the Nigerian government began preparing to introduce new regulations to ban P2P transactions of national currency and cryptocurrency.
