CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.”
Decentral Block Post
A mandate for blockchain businesses is to rebuild global trust
Given the tumultuous times for humanity, blockchain must be mandated not as an alternative but as an incumbent to enable confidence and build trust.
5 events that could put an end to the current crypto bear market
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around.
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen.
Finance Redefined: UK government explores DeFi with a focus on staking and lending
Majority of the top-100 DeFi tokens broke out of three week long bearish phase and registered double digit gains over the past week.
US diplomats call on Japan's crypto exchanges to cut ties to Russia: Report
The FSA and Japan’s Finance Ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment.
Hong Kong securities regulator CEO to lead UK financial watchdog
Ashley Alder said the FCA would help “chart the UK’s post-Brexit future as a global financial centre which continues to support innovation and competition."
Know thy customer: The future of KYC in crypto
With the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer.
Web3 activists fight for reproductive rights with NFTs, DAOs and protests
The Web3 community has launched a number of initiatives to raise funds and awareness for women’s reproductive rights following the overturn of Roe v. Wade.
EU-regulated firm Banking Circle adopts USDC stablecoin
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.
Binance gets crucial license for its Spanish subsidiary from the Bank of Spain
Changpeng Zhao, the CEO of Binance, said that compliance with regulation is very crucial to the broader adoption of crypto.
Credit unions warn about the cost of developing a CBDC
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders.
What bear market? Consumer confidence higher among crypto owners than normies
The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is “more likely to be wealthier, younger and male” than the average U.S. adult.
Class action lawsuit claims Solana's SOL is an unregistered security
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt.
US Treasury issues framework addressing engagement on crypto with foreign regulators
The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March.
Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?
Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining?
UK prime minister announces departure following mass resignations
Many outlets have reported Rishi Sunak could be one of the possible replacements for Boris Johnson, suggesting that crypto regulations could be central to the government’s agenda.
The Moscow Exchange is a good base for crypto trading, Russian lawmaker says
MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said.