CRYPTONEWS WEEKLY ??- May 24, 2024

CRYPTONEWS WEEKLY ??- May 24, 2024

Your trusted source for all things crypto.


?? TOP NEWS OF THE WEEK

???? Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year's End

Brazil's central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.

?? American Bankers Association Urges House Leaders to Block Fed's CBDC Plans

The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools.

?? Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million

Hong Kong police have arrested 100 individuals in a significant crackdown on fraud and money-laundering syndicates, recovering over HK$180 million (US$24.2 million) from 295 victims.

?? Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria

Tigran Gambaryan, a detained executive of Binance, collapsed in court due to ill health during his ongoing money laundering trial in Nigeria.

?? Coinbase Re-Introduces XRP Trading for New York Customers

Coinbase is reintroducing support for XRP in New York, allowing residents to buy and sell the cryptocurrency on its platform once again.

?? Hong Kong SFC Considering Ether Staking for Ethereum ETFs

Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing the issuers of Ethereum ETFs to offer Ether staking.

?? Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years

The number of United States adults reporting cryptocurrency ownership or usage has seen a significant decline, Fed survey shows.

???? Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application

Gate.io's Hong Kong entity, Gate.HK, is winding down its operations and withdrawn an application for a crypto trading platform license.

?? Disgraced FTX Founder Sam Bankman-Fried is Being Transferred to California Prison

Sam Bankman-Fried, sentenced to 25 years for financial fraud, is being moved to a federal correctional facility in California despite his request to stay in New York for appeal preparations.


?? THE CRYPTONEWS PODCAS

→ Ethan Buchman, CEO of Cycles Protocol

Ethan Buchman is Co-founder of Cosmos, CEO of Informal Systems, and Founder Cycles ProtocolEthan is a leading figure in blockchain technology and has worked at the Interchain Foundation, Tendermint, and his consultancy CoinCulture CryptoConsulting.

?? Apple Podcasts | Spotify | All podcast players


→ Tristan Frizza, Founder of Zeta Markets

Tristan Frizza is the Founder of Zeta Markets. Tristan’s curiosity for crypto was ignited in 2017 when he traded his first cryptocurrency, spurring him to finish his Computer Science degree with an emphasis on distributed systems and PoW blockchain technology. He then worked in AI research and as a data scientist in Silicon Valley, eventually writing his thesis on Generative Adversarial Network for Image Super-Resolution for which he received First Class Honours.

?? Apple Podcasts | Spotify | All podcast players


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