CRYPTONEWS WEEKLY ??- June 21, 2024

Your trusted source for all things crypto.

?? TOP NEWS OF THE WEEK

???? Nigeria Drops Tax Evasion Charges Against Binance Executives

Nigeria has decided to drop the tax evasion charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla.

???? Saudi Arabia Joins mBridge Initiative for Cross-Border CBDC Payments

Saudi Central Bank has joined the mBridge project as a full participant, aiming to enhance cross-border payments using CBDCs for oil trade.

???? NFTs for Mass Issuance to be Classified as Virtual Assets in South Korea

With the 'Virtual Asset User Protection Act' set to take effect on July 19, the FSC has issued new guidelines detailing when NFTs should be considered virtual assets.

???? Ireland a Prime Destination for European Crypto Ventures, UK-Based Crypto Exec Says

Ramp Network is setting up shop in Ireland, joining a growing number of crypto firms choosing Ireland for their European headquarters.

?? Coinbase International Joins Fireblocks Network for Derivatives Trading Support

Coinbase International has joined the Fireblocks Network to provide perpetual futures and spot trading features for institutional and retail clients in certain regions.

???? Crypto Exchange Zipmex Loses Thai License Amidst Financial Strain

Thailand's Ministry of Finance revoked Zipmex's digital asset business license on May 28, following recommendations from the Securities and Exchange Commission.

???? ECB's Lagarde Discusses Digital Euro Launch Before Her Term Ends in 2027

ECB President Christine Lagarde has hinted that a digital euro could be available to Europeans before her term ends in 2027.

?? Trump Declares ‘Love’ and Understanding Of Crypto At Bitcoin Miners Meet

Several crypto miners gathered at Mar-a-Lago on Tuesday night to meet with Donald Trump, who promised to advocate for them internationally.

???? Hong Kong Finance Secretary Highlights Flexibility for the City's 6 Spot Crypto ETFs

Hong Kong's finance secretary, Christopher Hui, highlighted the flexibility offered by the in-kind subscription and redemption feature of the city's six spot crypto ETFs.

?? Terraform Labs To Cease Operations After SEC Settlement

After settling its civil fraud suit with the U.S. SEC on June 12, Terraform Labs, the blockchain protocol created by Do Kwon, announced it will cease operations on Thursday.

??Turkey to Introduce 0.03% Transaction Tax on Cryptocurrency Trading

Turkey is set to implement a major fiscal overhaul that includes a 0.03% transaction tax on cryptocurrency trading.

?? THE CRYPTONEWS PODCAST

→ Alexei Zamyatin, Co-founder of BOB

Alexei Zamyatin is a Co-founder of BOB, a first-of-its-kind hybrid Layer-2 powered by Bitcoin and Ethereum. He has been a Bitcoin and interoperability research contributor since 2015 and is most known for his work on trustless cross-chain bridges and L2s. Alexei holds a PhD in computer science from Imperial College London.

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→ Vince Yang, CEO of zkLink

A bitcoin hodler & former engineer, Vince Yang's journey into crypto started with Bitcoin mining and gradually evolved into a deeper exploration of blockchain's potential and ZK Proofs. Vince is now the CEO of zkLink, a team dedicated to pioneering a decentralized trading reality of secure, unified liquidity with zkSnarks and blockchain's Layer 3 scaling solutions.

?? Apple Podcasts | Spotify | All podcast players

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