While adopting restrictions on transactions between exchanges, bitFlyer still supports transactions to and from self-custody wallets like MetaMask.
Decentral Block Post
Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening
Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region.
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.
From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.
Texas legislative session winds down with crypto bills still in limbo
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott's approval or veto as of May 29.
The EU is watching your wallet, but it still beats the US for crypto
Europe is requiring crypto wallet providers to track every move you make, but companies should still consider the region for its regulatory clarity.
Russia scraps plans for a national cryptocurrency exchange
Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said.
AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more
ChatGPT always rolls a 4 but tens of thousands of traders are betting millions on its stock picks, AI expands classic album covers, and more.
Tourists are unhappy with crypto payments ban in Bali
The community expressed a range of opinions, with some individuals stating that the ban is reasonable, while others went as far as reconsidering their vacation plans.
Bybit gets pre-approval in Kazakhstan as crypto custody service provider
The cryptocurrency exchange received “in-principle” approval to begin operations in Kazakhstan at the Astana International Financial Centre.
Lawyer uses ChatGPT in court and now 'greatly regrets' it
The court used the word “bogus” to describe the quotes and citations provided by the New York attorney, which were sourced from ChatGPT.
‘Dealt with firmly’ — Bali governor issues warning to tourists using crypto
Cryptocurrency trading is legal in Indonesia, but the use of crypto in payments carries hefty penalties including jail time.
Temasek slashes compensation for execs responsible for its $275M FTX investment
While “no misconduct” was determined by Temasek’s internal review, staff involved with the FTX investment will see a dent in their pay package.
7 presidential candidates have dropped clues about their crypto stance
There are currently many from the Democratic and Republican parties bidding for the job of president. Here's what they’ve said about crypto.
Turns out, it’s pretty difficult to insure crypto users and platforms
A crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an insurance executive.
Institutions seek detailed blockchain analytics for crypto adoption — Elliptic
Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions.
Beijing releases white paper for web3 innovation and development
Hong Kong's crypto regulations coinciding with the white paper released in Beijing pique interest.
Biden strikes 'tentative' U.S. debt ceiling deal: Report
According to one of the sources familiar with the negiotation, there "might be one or two small things they need to finish."
FTX 2.0 coming up, Multichain FUD and Worldcoin raises six figures: Hodler’s Digest, May 21-27
FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman’s crypto project Worldcoin raises millions of dollars.
Binance kicks off transition to new platform in Japan
The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin (SEBC) in November 2022.