Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA’s Matthew Long.Source
A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky.Source
The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD.Source
The investment bank cut its price target on the stock to $39 from $55.Source
The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward.Source
Consensus 2023 guests highlighted their concerns over ‘decentralization theater’ in DeFi projects, emphasizing the importance of genuine decentralization in the development of the Web3 ecosystemSource
Consensus 2023 attendees argued that improving crypto’s image requires a clearer explanation of digital assets and a focus on tangible, user-centric products and servicesSource
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.Source
JPMorgan, HSBC and others have created metaverse-native banking experiences, hoping to entice a new generation of clients.Source
Zebedee users will be able to join a waitlist for alpha access to an updated version of the app which will feature integration with decentralized social media protocol Nostr (an acronym for “notes and other stuff transmitted by relays”).Source