China’s Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes

NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies.Source

Axie Infinity Game Launches on Apple App Store In Key Markets

The card-based strategy game Axie Infinity: Origins will first launch across Latin America and Asia as it continues its global expansion.Source

Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says

100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials saidSource

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong

Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applicationsSource

Dogecoin’s Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced

Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week.Source

First Mover Asia: Crypto’s Rotating Profits

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DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says

The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrencySource

Justin Sun Says Huobi Founder Li Lin’s Brother Acquired HT Token for Free and Cashed Out

Tron founder blockchain and Huobi stakeholder Justin Sun has lodged a series of accusations against the brother of Huobi founder Li Lin, alleging that he acquired Huobi’s native token (HT) “abnormally” at zero cost and sold it for “huge amounts of cash.”Source

Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market

As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said.Source

EU’s Crypto Legal Framework Inches Towards Law With Finance Ministers’ Sign-Off

The landmark Markets in Crypto Assets regulation was given final approval by the EU’s Council, which also agreed a new law for sharing data on crypto tax holdings.Source