The lesson of El Salvador’s failed Bitcoin experiment
The revolution is dead in El Salvador. It’s a lesson for developing nations who aim to seek out economic autonomy by making crypto legal tender.
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Moon Landing initiative brings neurodiversity to NFTs and supports art non-profits
Nonfungible tokens, or NFTs, are certificates of ownership representing digital artwork, music, videos, audio, memorabilia, and more. They have rapidly gained in popularity over the past year for their ability to enable everyday artists to create and sell content. In fact, OpenSea, the world's biggest NFT marketplace, recently surpassed $1.6 billion in monthly trading volume…

‘Historic week’ as stablecoin, self-custody bills advance to House floor
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets. 291 Total views 2 Total shares The House Financial Services Committee has advanced another two landmark crypto bills previously under consideration — with one aiming to better regulate stablecoin issuers and another seen as…

Altseason stifled by lack of fresh inflows into sector — Analyst
“Altcoin markets are currently a zero-sum player versus player game,” market analyst and CryptoQuant CEO Ki Young Ju wrote.

Bitcoin stands apart from other crypto, and what that means for US public policy
United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and interests. While many industry leaders welcome the constructive tone, some critics hope for a crackdown. We don’t blame them.Many cryptocurrency projects operate behind thin veils of decentralization. In public, they’re sold…

Ark’s 1 Million Token Grant Fund Drives Community Innovation
Interoperable blockchain project Ark (ARK) designated one million ARK valued at roughly $150,000 toward its new development grants program on March 24.While the grant program was launched one week ago, Ark’s Strategic Partnerships Manager, Ray Alvarez, told Cointelegraph that it has already received proofs-of-concept from developers.The program exclusively funds “proposals involving technical deployments and usage…

SEC scores a minor victory in legal dispute with Ripple Labs
“The filing of the Individual Defendants’ Answer is the triggering event. When the Answer is filed, even if before April 8th, the date the Answer is filed starts the two week clock running for the filing of the SEC position on discovery” said lawyer James K. Filan. 1132 Total views 33 Total shares The U.S.…

SEC softens stance around SAB-121: Galaxy Research
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.

Pantera CEO: Crypto market ‘panic’ is subsiding, now’s the time to buy
The Pantera boss cited three primary reasons why crypto markets dumped a trillion dollars in market cap. 515 Total views 5 Total shares The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff is slowing because he thinks “we’ve seen the most of this panic”.In the monthly newsletter published on…