Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and stablecoins all in one place under a proposal from the Republican chairs of the two House of Representatives committees trying to hash out a bill.Source
The exchange remains the largest cryptocurrency exchange by trading volume.Source
Sotheby’s will sell Dmitri Cherniak’s “The Goose” NFT at a live auction this month, while Mercedes Benz released a collection inspired by its luxury vehicles.Source
The allure of the CBDC is fading and issuing one “may not be a compelling priority,” the bank said.Source
Crypto exchange Huobi could receive a crypto trading license in Hong Kong as soon as the end of the year, Huobi advisor and Tron founder Justin Sun said on CoinDesk TV on Friday.Source
The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.Source
The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement – requiring users to commit funds to the protocol even when they’re just receiving payments – “doesn’t make any sense.”Source
Continued strong gains in monthly employment figures have added to the Fed’s case for rate hikes.Source
The latest price moves in bitcoin (BTC) and crypto markets in context for June 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
May saw fewer exploits than April, suggesting better security practices among crypto users and developers.Source