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Kenyan Government Suspends Worldcoin Activity

Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations.

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Author: Eliza Gkritsi

Crypto Custodian Hex Trust Expands European Foray With Registration in France

The registration, which follows last year’s approval in Italy, is “a significant milestone” for its European expansion plans, Hex Trust said.

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Author: Jamie Crawley

Coinbase Looks to Add Bitcoin Lightning for Payments

The move is part of the exchange’s broader plan to improve cryptocurrency-based payments globally.

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Author: Shaurya Malwa

Binance’s Largest Market is China: WSJ

China is Binance’s largest market, amounting to 20% of worldwide volume.

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Author: Sam Reynolds

G20 President India Publishes its Input for Framing Global Crypto Rules

As the current president of the Group of Twenty (G20), India has made public its presidency note on crypto in an effort to have its suggestions included in the framing of global crypto rules.

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Author: Amitoj Singh

China still Binance’s biggest market with $90 billion in monthly volume despite crypto ban: WSJ 

China is still Binance’s biggest market despite the country’s crypto ban, with the exchange having $90 billion in volume in May, the WSJ reported citing internal documents.

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Author: Yogita Khatri

Sam Bankman-Fried claims DoJ’s request to revoke bail raises free-speech concern

His attorneys said that the prosecutors’ request to revoke his bond after he shared private diaries belonging to Caroline Ellison with the press was based on “thin” factual ground.

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Author: Timmy Shen

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.

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Author: Sam Reynolds, James Rubin

U.S. DOJ Has ‘Extremely Thin’ Basis for Jailing FTX’s Bankman-Fried Ahead of Trial: Defense

Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice’s motion to remand the FTX founder in a court filing Tuesday.

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Author: Nikhilesh De

Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information

As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.

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Author: Rosie Perper


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