Market
CBDCs
North Carolina governor vetoes CBDC ban bill, calling it ‘premature’
The bill had secured a vast majority of votes in the House of Representatives and the Senate, meaning legislatures can override the veto.
Exchanges
Witness in Nigerian trial against Binance accuses platform of contravening Central Bank rules
The Nigerian Central Bank’s deputy director accused Binance of facilitating transactions involving Naira, violating regulations.
Regulation
Vitalik Buterin calls U.S. crypto regulatory approach ‘anarcho-tyranny’
Classifying crypto as securities and subjecting them to stringent regulations is stifling the industry’s growth, Buterin said.
ETF
U.S. spot ETH ETFs delayed; SEC asks for resubmission of S-1 forms by July 8
The SEC has returned the S-1 forms with slight comments, delaying the launch of the spot ETH ETFs from the expected July 2 launch date.
Legal
Judge dismisses counts related to BUSD, BNB sales in SEC-Binance lawsuit
The judge said 10 out of the 13 counts can proceed in its entirety, while two counts can proceed partially and one count was dismissed completely.
Politics
Winklevoss twins receive refund of over $300k from Trump’s campaign
The founders of the Gemini crypto exchange each donated $1 million Bitcoin to Trump’s campaign, exceeding the legal limit of $844,600
DeFi
Arweave’s AO sees $260 million pre-bridged in 4 days
The Arweave-based hyper-parallel computer issued its token in a fair launch less than 10 days ago
Legal
Six Coinbase customers claim the exchange is violating securities laws in new lawsuit
The Coinbase users who filed the lawsuit are seeking rescission, statutory damages under state law, and injunctive relief.
Legal
BTC-e crypto exchange operator pleads guilty to money laundering in the U.S.
Prosecutors claim Alexander Vinnik intentionally allowed criminals to use BTC-e and is responsible for losses of at least $121 million.
Politics
Binance CEO Richard Teng asked to appear before Nigerian committee
The Nigerian committee said it would be forced to invoke its constitutional rights if Teng ignored the summons again.
Governance
Cosmos co-founder says GovGen will show how governance can be used in blockchain development
GovGen, an independent governance-only blockchain, will serve as the voting ground to determine AtomOne's initial chain parameters.
Trading
Retail investors are easing back into crypto while VC funding rises for first time in 1.5 years
While retail crypto traders want to get on the bullish bandwagon, the series of exchange bankruptcies in 2022 has taught them to be cautious.