Policy
Bali Governor Warns Tourists to Stop Using Crypto for Payments
The governor of Indonesia’s top tourist province, Bali, made it known that crypto users are not welcome.
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Market Analysis
CoinEX Launches BitHK For Hong Kong Crypto Traders
Only a week after Hong Kong unveiled its new crypto framework, CoinEX announced it had launched a new trading platform for users in the city.
Policy
Gemini Asks US Court to Dismissed SEC Lawsuit
This Friday, Gemini requested the court dismiss an SEC lawsuit and claimed it had never offered securities.
Market Analysis
Huobi To Open Hong Kong Cryptocurrency Trading Service
Huobi revealed it is “actively preparing” to seek a license for its new Hong Kong cryptocurrency trading platform.
Policy
Central Bank of Brazil Picks Nubank, Visa, and 12 Others For CBDC Pilot
Brazil’s Central Bank recently announced it had selected 14 parties out of 36 proposals for the pilot for the digital real.
Crypto
S. Korea Passes Bill Enforcing the Disclosure of Crypto Assets for Officials
Reports from earlier this month revealed that a top South Korean lawmaker secretly held and moved $4.5m in crypto funds.
Crypto
EU Watchdog Proposes Limiting Leverage in Crypto Trading
The ESRB also urged EU lawmakers to impose stricter collateral requirements for stablecoins.
Policy
The US Debt Ceiling Crisis Explained
As another US debt-limit deadline draws near on June 1st, both politicians and economists are sounding the alarm.
Policy
High Court in Montenegro Overturns Do Kwon Bail
A court in Podgorica reversed a recent decision to release Do Kwon and Han Chong-joon on 400,000 euro bail.
Policy
Nigeria’s Central Bank Lifts Key Rate to 18.5% in an Unprecedented Move
Since May 2022, the Central Bank of Nigeria has lifted key rates by 700 bps.
Policy
Coinbase Closes 7% Up After Announcing New Crypto Advocacy Campaign
The shares of Coinbase closed 7% in the green on Monday after the company unveiled an ambitious crypto advocacy campaign.
Market Analysis
Philippine SEC Warns Gemini Derivatives is Breaking Securities Laws
Last week, the Philippine SEC issued a warning that Gemini is illegally offering securities in the country through its new derivatives exchange.
Best Stocks
Meta Down 1.4% Premarket After $1.3B Fine Over US Data Transfers
The fine against Meta is the largest of its kind in the EU so far.