G-7 Will Focus on Helping Developing Nations Introduce CBDCs

The Group of Seven (G-7) advanced nations will prioritize considering how it can better help developing countries introduce their central bank digital currencies (CBDCs).Source

Bitcoin Slips Under $30K, Ether Staking Tokens Take a Beating Ahead of Shapella Upgrade

Traders are likely taking profits ahead of Wednesday’s CPI report and Ethereum’s Shapella upgrade.Source

Hong Kong Regulator Says DeFi Projects Could Face Regulatory Requirements

If DeFi activity falls within the scope of the Securities and Futures Ordinance, it will be subject to the same regulatory requirements as traditional financial activity, says SFC official.Source

Tron’s TRX Drops 6% as Binance.US Delists the Token

Binance.US says a variety of factors can lead to de-listing, including regulatory standing in the U.S. and unethical behavior.Source

First Mover Asia: Does Bitcoin at $30K Really Matter?

ALSO: Crypto exchange Bitget’s $100 million fund targeting Web3 comes as Hong Kong eases crypto regulations and a number of East Asian countries have been promoting crypto.Source

Metalpha Launches Grayscale-Based Digital Asset Fund

Metalpha’s Hong Kong-licensed fund will give investors exposure to Grayscale’s products, but also allow for withdrawals which is something currently missing for U.S. investors.Source

World Regulators Are Looking at DeFi

Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understanding what sort of risks DeFi might pose to both users and the broader financial world, and whether there are ways to mitigate these risks while still allowing their operation.Source

Bitcoin Holds Firm Above $30K, Ether Hovers Near $1.9K Ahead of CPI, Shapella Upgrade

Investors will be eyeing Wednesday’s U.S. Consumer Price Index for the latest reading on inflation and the Shanghai “hard fork.”Source

Aptos Bumps Ahead of $50M Token Unlock Which May Add Selling Pressure

In a planned move, around 0.5% of the total token supply will be unlocked on Wednesday.Source

Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K

Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.Source