CRYPTONEWS WEEKLY ??-NOVEMBER 3, 2023

Your trusted source for all things crypto - November 3, 2023

?? TOP NEWS OF THE WEEK

?? SEC Seeks Summary Judgment in Do Kwon and Terraform Labs Case, Citing Lack of Material Dispute for Trial

The U.S. SEC has requested a federal judge for a summary judgment in its case against Do Kwon and Terraform Labs.

???? UK Government Rolls Out Final Proposals for Stablecoin Regulation

The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations.

?? Caroline Ellison, Gary Wang, and Nishad Singh Might Not be Jailed, Bankman-Fried Faces Decades in Prison: Bloomberg

Three former close friends of Sam Bankman-Fried have testified against him, potentially leading to minimal jail time for themselves.

???? USDT Stablecoin Adoption in Brazil Skyrockets to 80% Share of Crypto Transactions

The adoption of Tether (USDT) in Brazil has experienced a remarkable surge in 2023, now constituting a staggering 80% of all crypto transactions.

???? Spain Moves to Adopt MiCA Six Months Before Deadline, Cites Investor Protection: Here’s More

Spain has unveiled plans to reduce the transition period before the application of the Markets in Crypto Assets (MiCA) regulation.

???? Russian Politicians Want to Ban Private Citizens from Mining Crypto

A senior Russian politician has claimed that lawmakers want to bar private citizens from mining crypto – but will allow industrial miners to operate.

???? BitGo Secures Digital Asset Custody License in Germany

Digital assets custody firm BitGo has obtained a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin).

?? Dubai Moves Forward with Crypto Adoption as WadzPay Secures VARA Initial Approval

WadzPay attains initial VARA approval, advancing crypto adoption in Dubai.

?? THE CRYPTONEWS PODCAST

→ Oleg Fomenko, Co-Founder of Sweat Economy

Oleg Fomenko is the Co-Founder of Sweat Economy, which is establishing the movement economy by realizing the value of physical activities and rewarding all forms of movement. Nine years prior to the conception of Sweat Economy, Oleg co-founded Sweatcoin, a digital currency backed by physical movement within the Sweat Economy ecosystem.

?? Apple Podcasts | Spotify | All podcast players

→ Nihar Neelakanti, CEO of Ecosapiens

Nihar Neelakanti is the Co-Founder and CEO of Ecosapiens, a VC-backed platform enabling consumers to fight climate change through the world’s first carbon-backed NFT. Nihar previously worked in venture capital, spending several years at VCs, including Correlation Ventures, Kauffman Fellows, and most recently, at the prestigious Menlo Ventures, where he helped develop the climate thesis that sparked the idea for Ecosapiens.

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