First Mover Asia: DeFi’s Resilience During the Market Slowdown; Bitcoin Slumps Near $20K
DeFi is resilient in the current crypto crash; bitcoin and other cryptos sink in Wednesday trading.
Market Wrap: Crypto Bounce Loses Steam Amid Retail Sell-Off
The price of bitcoin and other major cryptocurrencies fell amid testimony by U.S. central bank Chair Jerome Powell, who said a recession might not be avoidable.
Ontario Securities Commission Slaps Bybit and KuCoin With Enforcement Actions
A top Canadian financial regulator has slapped two crypto exchanges, Bybit and KuCoin, with enforcement actions for failing to comply with securities laws in the Canadian province of Ontario.
Coinbase Phasing Out ‘Pro’ Exchange for ‘Advanced’ Mode in Main App
The crypto exchange will “sunset” the standalone app once known as GDAX later this year.
India Clarifies Rules for Controversial Tax Provision Ahead of Start Date
An Indian government notification from the tax authorities has clarified key procedural elements of compliance to the new and controversial tax provision, 1% tax deducted at source (TDS), effective July 1, 2022.
Catar está en la “etapa inicial” de una CBDC, dice gobernador del banco central
El dirigente de la autoridad monetaria elogió la “innovación” de los criptoactivos.
How Web3 and Bitcoin Billionaires Will Revolutionize Philanthropy
Rhys Lindmark discusses “impact DAOs,” crypto wealth creation and charity in a post-Consensus 2022 interview.
What if the Federal Reserve Has Inflation All Wrong?
The dominant U.S. inflation narrative blames pandemic stimulus for rising prices. But what if the money supply isn’t the real problem?
US Fed Evaluating SEC’s Position on Digital Assets Custody, Powell Says
The SEC’s directive that customers’ digital assets may need to be treated as being on an exchange’s balance sheet has banking regulators scratching their heads about how it’ll work.