The blockchain’s likely inability to increase throughput in the short term and increasing competition from alternative networks will constrain its adoption and usage, the report said.Source
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
Traders are likely taking profits ahead of Wednesday’s CPI report and Ethereum’s Shapella upgrade.Source
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
Binance.US says a variety of factors can lead to de-listing, including regulatory standing in the U.S. and unethical behavior.Source
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’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
Investors will be eyeing Wednesday’s U.S. Consumer Price Index for the latest reading on inflation and the Shanghai “hard fork.”Source
In a planned move, around 0.5% of the total token supply will be unlocked on Wednesday.Source
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.Source