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What in the World Is Going on With Crypto Regulation?

Regulatory clarity has fueled crypto bull markets, demonstrated by Japan’s 2016 adoption of crypto as payment and OCC’s 2020 endorsement of crypto engagement. While global strides in clear crypto regulations are evident, particularly in Hong Kong, EU and UK, the US lags, emphasizing the need for enhanced regulatory certainty in the industry’s advancement.

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Author: Sarah Morton, David Lawant

Curve Token Climbs After Binance Labs Commits to $5M Investment

The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain.

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Author: Brandy Betz

Coinbase’s Much-Hyped Base Blockchain Draws Modest $10M of Inflows on Day One

However, nearly $166 million had already flowed to the blockchain ahead of the official launch.

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Author: Shaurya Malwa

PancakeSwap expands to Ethereum Layer 2 Arbitrum One

PancakeSwap, the second-largest decentralized exchange protocol, has launched on Ethereum Layer 2 network Arbitrum One.

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Author: Yogita Khatri

After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey is Bullish on Smart Tokens

The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.

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Author: Cam Thompson

ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki

IQ GPT will help fight misinformation in the crypto space and onboard new users.

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Author: Eliza Gkritsi

Bitcoin wallet Xverse raises $5 million from Franklin Templeton and others

Xverse, a bitcoin wallet that supports ordinals inscriptions and BRC-20 tokens, has raised $5 million in a seed funding round.

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Author: Yogita Khatri

SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport

If the SEC needs more time to assess the practicality of the surveillance-sharing agreements, then the bitcoin price may correct initially in mid-September, and would be the “dip to buy,” the report said.

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Author: Will Canny

U.S. July CPI Mostly In Line, Rising 0.2% for Month, 3.2% Y/Y

This morning’s inflation numbers are among the key pieces of data the Fed will be looking at next month as it determines the course of monetary policy.

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Author: Stephen Alpher

UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say

Lobby group CryptoUK called for more clarity on the FCA’s guidance on its upcoming rules for crypto ads.

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Author: Camomile Shumba


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