Commerce Dept. Asks for Public Comments on Framework for US Crypto Competitiveness
The request is in response to Joe Biden’s executive order in March asking for agencies to coordinate their approach to digital assets. Original Source
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ICO
Panama President Considers Vetoing Crypto Regulation Legislation
The bill was approved during a plenary session of the Legislative Assembly by a 40-0 vote on April 28. Original Source
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UnicornDAO Raises $4.5M to Empower Women and LGBTQ NFT Creators
The DAO is led by Nadya Tolokonnikova of the Russian art collective Pussy Riot and involves Beeple, Grimes and Gary Vaynerchuk. Original Source
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G-7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report
The FSB, an international body based in Basel that was responsible for generating many of the post-2008 financial norms, had previously promised a report on the regulation, supervision and oversight of global stablecoins for October of this year. The FSB's leader, Klaas Knot, has already volunteered to write a crypto
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Frances Haugen: Facebook Informer
That’s the core message of Frances Haugen, the former Facebook projects manager who, in September 2021, disclosed over 20,000 pages of documents that shed light on the darkest of online places. The evidence fueled the reporting of The Wall Street Journal’s “The Facebook Files,” which found the company, whose corporate
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Magic Eden Tops OpenSea in Daily Trading Volume as Solana NFTs Heat Up
The Solana-based marketplace has seen far more transactions than its Ethereum counterpart in the last 24 hours. Original Source
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NYDFS Chief Says Regulators Need to Develop a ‘21st Century Framework’ for Crypto
“There’s a lot of talk when you talk to other regulators, I think most particularly in the federal government, about a ‘race to the bottom,’ that states will regulate differently, and those with lower standards are going to attract more companies,” Harris said. “But we haven’t really seen that play
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MicroStrategy’s New CFO Says Bitcoin Strategy Unchanged Amid Market Drop: Report
Andrew Kang spoke to the Wall Street Journal Wednesday regarding MicroStrategy's bitcoin strategy. Original Source
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SingularityNET, SingularityDAO Receive $25M to Accelerate AI-Backed DeFi
SingularityNET and SingularityDAO have secured a $25 million commitment from global investment group LDA Capital Limited to accelerate their product roadmap, the adoption of artificial intelligence (AI) tools for decentralized finance (DeFi) and scaling the ecosystem. Original Source
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Despite Recent Bumps in the Road, Stablecoins Will Stick Around
“Think about all the economic rents that are derived by firms engaged in that sort of activity, and it was a very important activity, creating trust bridges,” said Epstein. “Now smart contracts do that for us automatically. Think about how long it takes to settle a transaction, and what percentage
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