Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase.
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UK financial watchdog to crypto industry: ‘Let’s work together’
The Financial Conduct Authority wants input from crypto companies on moving forward with regulations.
Gold Slides on Higher US Treasury Yields, Dollar
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate…
LinksDAO wins bid to buy its first golf course, says CEO
The successful bid comes a month after 88.6% of LinksDAO token holders voted in favor of putting in a “compelling offer” for the golf course in its governance vote.
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow…
UK blockchain carbon offset platform raises $45M in seed funding
Carbonplace says it will use the funds to scale its services and become the "SWIFT of carbon markets."
Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government
The status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of the interim government of Juan Guaido. The…
Argentine Senate Mulls Crypto Advertisement Regulation
The Argentine senate is discussing a preliminary project that would regulate the way in which individuals and organizations promote crypto. The objective of the project, which is still under discussion,…
FTX collapse calls for ‘prudent regulation’ in the UK
The United Kingdom is taking cautionary lessons from the collapse of FTX as calls for greater regulation come from public and private sector institutions.
FCA’s incoming chair calls for further crypto regulation
The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023.