Technology
Regulation
Bitfinex appoints Giles Dixon to help streamline regulatory approval
Dixon’s role as the Head of Licensing at Bitfinex involves helping the exchange in obtaining regulatory approval and licensing in different jurisdictions across the globe.
Partnerships
Bitlocus ties with Striga to roll out a crypto-friendly Visa debit card
Users of the Bitlocus card will be able to spend their digital asset holdings in more than 70 million merchant locations across the globe.
Adoption
Fashion giant Gucci to start accepting crypto payments
Gucci plans to accept more than 10 cryptocurrencies, including BTC, ETH, DOGE, and SHIB, to name a few.
Regulation
SEC expands crypto team to bolster consumer protection efforts
The SEC seeks to increase the number of staff in the Crypto Assets and Cyber team of its Enforcement Division from 30 to 50.
Partnerships
Algorand signs a sponsorship deal with FIFA; ALGO surges 20%
This partnership will see Algorand become this year’s World Cup regional supporter in North America and Europe.
People
Zcash Media reveals Edward Snowden is John Dobbertin
Snowden agreed to acknowledge his contribution to Zcash under the condition that the Electric Coin Company clarifies that he only participated in the first ceremony out of public interest and did not get any compensation.
Technology
Evmos relaunches following a botched roll-out in March
Evmos now features a dashboard that makes it easy to claim airdropped tokens and participate in protocol governance.
Parachains
Moonriver be a part of 1.1M unlocked KSM in May as leasing period comes to an end
Once the funds unlock, KSM holders that participated in the Moonriver crowdloan will have multiple options.
Regulation
Gibraltar introduces regulations to tackle crypto market manipulation
The new regulations will require Gibraltar-based crypto companies to combat the manipulation of prices, liquidity, or market information.
Metaverse
Sweden’s PostNord partners with Warpin to train staff in the metaverse
PostNord claims using VR training modules is up to 80% more effective than e-learning.
Banking
Indian banks seek NPCI’s guidance on using UPI for crypto transactions
The banks are seeking clarity on UPI’s use for crypto transactions after NPCI said it is not aware of any crypto exchange using the payment rail.
Exchanges
Bybit exchange rolls out options trading as part of expansion plans
Ben Zhou, Bybit’s CEO, says the exchange launched options trading following strong demand from its clients.