Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
Warren Buffett moving into cash suggests he’s bracing for a possible collapse in risk-on asset prices. With Bitcoin (BTC) up 70% year-to-date and correlated with...
Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase’s legal chief has requested the United States Securities and Exchange Commission (SEC) make several revisions to its proposed regulation on the responsibilities of registered...
Estonia squeezes out 400 crypto firms after new laws
Almost 400 Virtual Asset Service Providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the government’s recently enhanced Terrorist Financing...
‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules
A proposal by the United States securities regulator to tighten rules around crypto custody has been met with opposition from at least two proponents of...
FTX founder Sam Bankman-Fried urges court to dismiss charges
FTX founder and former CEO Sam Bankman-Fried (SBF) is seeking to have up to 10 criminal charges against him dismissed in court, arguing for several...
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Last week brought several significant international developments in regulation. Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce...
State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
A state-subsidized Chinese artificial intelligence (AI) company recently announced the launch of “Spark Model,” an AI system designed to compete directly with OpenAI’s ChatGPT.The launch...
South Korean lawmaker allegedly cashed out while legislating on crypto: Report
Kim Nam-kuk, a member of South Korea’s National Assembly, reportedly liquidated more than $4 million worth of crypto prior to lawmakers in the country enforcing...
Aave V3 now live on Metis
Aave V3’s launch on Metis follows a community vote that went live earlier this month. According to the Metis team, there are various ways in...
Coinbase is ‘not’ leaving the U.S. after all
CEO Brian Armstrong says Coinbase won’t relocate overseas. The crypto exchange is interested in investing more in the UAE. Coinbase stock is up close to...