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China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express

China launches world’s first blockchain satellite into space, meanwhile, McDonalds Hong Kong brings McNuggets into the Metaverse.

Wyoming seeks ‘stable token’ commission head in first steps to establish state stablecoin

The state seeks someone with connections and expertise in the blockchain industry, promising a $150,000 annual salary.

Japan PM reaffirms Web3 plans as Binance announces imminent launch

Fumio Kishida described Web3 as a "new form of capitalism" in a keynote address at WebX conference in Japan.

US crypto's future could fall on these 4 digital asset bills

The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction.

Binance and CEO Changpeng Zhao seeks to dismiss CFTC complaint

Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC against them.

Two more crypto bills in the US: Law Decoded, July 17–24

Last week was marked by two new legislative initiatives for the crypto industry in the United States.

US GAO says lack of interagency cooperation needs to be addressed in crypto regulation

In a report requested by Rep. Maxine Waters, the country’s top watchdog is carefully neutral but dissatisfied with agencies’ abilities to work together.

Judge in SBF's criminal case proposes gag order, citing attempt to 'influence public opinion'

The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial.

Ripple ruling and crypto ETFs 'drove a lot of urgency' among lawmakers, reportedly says Coinbase CEO

Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets.

What criminal charges for Celsius ex-CEO mean for crypto industry

The former CEO of the troubled crypto lender faces multiple charges of fraud and market manipulation as U.S. regulators eye crypto market overhaul.

Putin signs law on introduction of digital ruble in Russia

Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, Bank of Russia governor said last week.

XRP court ruling marks milestone, but new crypto law could take years

Ripple’s partial victory against the SEC is positive, but crypto firms still face uncertainty without a regulatory framework.

Korean banks research stablecoin, CBDC alternative

Hana Bank plans to research certificates of deposit tokens, while Woori Bank’s research department has recently released a report on the tokens.

US FSC Chairman eyes regulatory clarity for crypto, stablecoin ecosystems

The upcoming FCA meeting is aimed at providing regulatory clarity for the digital asset ecosystem — cryptocurrencies, blockchain development and stablecoin payments.

FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case

Lawyers representing SBF have agreed to a gag order preventing him from making comments that could sway his criminal trial but says it should apply to other witnesses too.

Congressman Warren Davidson calls to ban and criminalize CBDCs

“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson.

Ripple CEO Brad Garlinghouse: ‘The SEC created this mess’

Brad Garlinghouse has lashed out at the SEC for its "absurd" comments on the Ripple Labs case.

Federal Reserve of San Francisco hiring crypto architect for CBDC project

San Francisco's Federal Reserve Bank is seeking a crypto architect for a central bank digital currency (CBDC).

Arkansas counties rush to pass noise regulations for crypto miners

Several counties in the U.S. state of Arkansas are hurrying to adopt new ordinances before August, when crypto mining facilities will be subject to the same rules as data centers.

SEC's appeal won't be a setback for XRP holders – Pro XRP lawyer

Attorney Deaton elaborated on the possible scenarios and intricacies of how the summary judgment would be enforced.

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