Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data. Source
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Regulatory
UK Treasury plans to exclude derivatives and ‘unbacked’ tokens from regulatory sandbox
The Treasury Department of the United Kingdom has proposed excluding unbacked crypto assets and derivatives from its plans for a digital securities sandbox.In a consultation paper released on July 11, HM Treasury said the regulatory sandboxes that will be established under the country’s Financial Services and Markets Act will provide
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CoinDesk Market Index Q2 Review: Quiet Appreciation, Regulatory Uncertainty
It’s been a bit of a choppy ride for the cryptocurrency market this past quarter, coming off a strong first quarter. Over the past three months, the CryptoX Market Index (CMI), which spans over 90% of the crypto market capitalization, appreciated 2.2%, while both bitcoin (BTC) and ether (ETH) outperformed
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Logan Paul’s energy drink faces regulatory scrutiny in US
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Prime, the drinks brand co-founded by YouTube stars Logan Paul and KSI, is currently under fire in the US due to concerns surrounding the elevated levels of caffeine in its energy drink. US Senate majority leader Chuck
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Elon Musk calls for AI regulatory oversight: Report
Twitter's executive chairman Elon Musk continues to push for more regulatory oversight of artificial intelligence, claiming it may be "smarter than all humans at everything" in the future.In a video keynote address at a Chinese government-backed AI conference on July 5, Musk reportedly noted that governments should be concerned about
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EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said. Source
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Binance.US market share drops below 1% amid regulatory lawsuit: Report
United States-based cryptocurrency exchange Binance.US has reportedly seen its market share drop more than 20% amid a lawsuit from federal financial regulators.According to a July 5 report from Reuters citing data from Kaiko, the market share of Binance.US in the U.S. dropped from more than 22% in April to roughly
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U.S. crypto regulatory uncertainty could be Hong Kong’s gain
Industry experts believe Hong Kong’s shifting attitude towards blockchain technology, cryptocurrencies and Web3 could entice businesses away from the United States.The city has made a series of moves over the past year to foster the development of the Web3 space and enable retail investment into cryptocurrencies. The latest example of
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Regulatory changes prompt Revolut to delist some cryptos in the US
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amidst a shifting regulatory landscape, digital banking service Revolut has announced its decision to discontinue support for Cardano’s ADA, Polygon’s MATIC, and Solana’s SOL tokens on its US platform. Revolut, the digital banking service, has announced the
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New Zealand not quick to implement crypto regulatory policies
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New Zealand’s central bank is trying to exercise caution in taking a regulatory approach towards crypto and stablecoins, stating that the government is monitoring the development of crypto regulations globally. The Reserve Bank of New Zealand’s (RBNZ)
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