Hong Kong is demonstrating its commitment to embracing the development of Web3 by establishing a task force comprising industry and government officials to monitor its progress in the region.
The US District Court for the Northern District of California has issued an order requiring cryptocurrency exchange Kraken to provide account and transaction information to the Internal Revenue Service (IRS).
According to local news outlet Foresight News, Web3 companies based in Hong Kong are reportedly investing between HK$20 million to HK$200 million (US$2.55 million to US$25.5 million) to obtain virtual asset service provider (VASP) licenses.
Japan's Financial Services Authority (FSA) and the Monetary Authority of Singapore (MAS) have announced a partnership for joint supervision and pilot testing of cryptocurrency projects as part of MAS's "Project Guardian" initiative.
Game publisher Mythical Games has secured $37 million in Series C1 funding, allowing it to maintain its unicorn status with a valuation exceeding $1 billion.
EU lawmakers have reached an agreement to proceed with the European Data Bill, a controversial piece of legislation that has faced criticism from the cryptocurrency community.
Tether, the stablecoin issuer, has entered into a memory of understanding (MoU) with the government of Georgia to collaborate on the development of bitcoin and peer-to-peer (P2P) infrastructure in the state.
The European Commission has announced its plans to propose legislation for the introduction of a digital euro, with the aim of establishing it as a widely accepted and user-friendly payment method.
Israel's National Agency for Countering the Financing of Terrorism has announced the seizure of millions of dollars in crypto wallets that were intended to finance terrorism.
Fidelity Investments, an asset manager, has submitted an application for a spot bitcoin exchange-traded fund (ETF), as stated in a filing by Cboe BZX Exchange with the US Securities and Exchange Commission (SEC) on June 19.
Speaking at the Collision 2023 conference in Toronto, Skybridge Capital founder and Former White House communications director, Anthony Scaramucci, criticized cryptocurrency executive Sam Bankman-Fried for causing regulatory challenges
Coinbase, the US-based cryptocurrency exchange, has filed a motion to dismiss the Securities and Exchange Commission's (SEC) complaint in their ongoing legal battle.
The National Council of the Slovak Republic, the country's parliament, has approved a measure to lower taxes on cryptocurrencies, among other changes affecting cryptocurrency holders.
US officials are considering implementing stricter export controls to limit the supply of artificial intelligence (AI) chips to China. Sources close to the officials have indicated that these regulations would involve restricting the computing power of exported chips.
Hester Peirce, a commissioner at the US Securities and Exchange Commission (SEC), has expressed her view that cryptocurrency laws in the United States should adopt a more nuanced approach.
