UK Bill Granting Regulators Power To Supervise Crypto and Stablecoins Becomes Law
June 29 (Cointime) - The Financial Services and Markets Bill has become law in the UK after receiving approval from King Charles. The bill gives regulators the power to supervise crypto and stablecoins, and includes measures to bring crypto into the scope of regulation.
Canadian Lawmakers Recognize Blockchain and Crypto as Innovative Industries in Need of Better Regulation
June 29 (Cointime) - Canadian lawmakers have recognized blockchain, crypto, and mining as innovative industries with significant long-term potential, but in need of better regulation. The Canadian House of Commons Parliamentary Standing Committee on Industry and Technology completed a comprehensive study that examined blockchain and crypto use cases in the country, holding five meetings, hearing 31 witnesses, and receiving six briefs.
The Growing Divide Between Fiat and Crypto: Why Young People Are Choosing the Crypto World for Better Opportunities
June 28 (Cointime) - According to Jordi Visser, there are two monetary paradigms: fiat and crypto. He explains that people around the world are increasingly turning to the crypto world for better opportunities. While this trend may not be as apparent in the western world, 70% of crypto users are in Asia.
The UXUY Crypto Equity Manifesto
We firmly believe that trading is the only weapon that can break down barriers. Only by setting aside prejudice and using decentralized means can we jointly promote crypto equity.
Global Survey Finds Contrasting Attitudes Towards Crypto in Developed and Emerging Economies
June 27 (Cointime) - ConsenSys and YouGov conducted a survey of over 15,000 people from 15 different nations across Africa, the Americas, Asia, and Europe. The survey found that respondents from developing nations were generally more optimistic about crypto, while those from developed nations were more skeptical.
Early Data on the Second Quarter of 2023 Indicates a Decline in Venture Investment in web3 Startups and Unicorns
June 27 (Cointime) -Early data on the second quarter of 2023 indicates a decline in venture investment in web3 startups and unicorns, with many investors running for cover. The prevailing pessimism is wearing down these once-key pillars of venture volume, despite the fervor that drove investors to throw money at web3 startups during the last venture boom. While firm believers in crypto are holding the line, there has been a decrease in capital and enthusiasm around fintech.
The CEO of Bitwise, the World’s Largest Crypto Index Fund Manager, Says That a Multi-Year Bitcoin Bull Market Starting Now
June 26 (Cointime) -The CEO of Bitwise, the world’s largest crypto index fund manager, says that a multi-year Bitcoin bull market starting now.
Unfortunately bitcoin alone doesn‘t fix the fundamental problem
Bitcoin and crypto in general are truely marvelous technologies. I've spent the past year or so really going deep to try to understand the fundamental dynamics. Along the way I've learnt a lot about the current financial system, as well as the history of money and trade, and of course thought about the possibilities that these new monies could open up in our future.
Industry Experts Discuss Integration of AI and Crypto at Coinbase Summit
June 23 (Cointime) - At Coinbase's State of Crypto Summit, industry players discussed how artificial intelligence could integrate with crypto and blockchains. The panel explored similarities and differences between the industries and how investors, builders, and users can benefit from them. One of the key takeaways was the importance of digital ownership, which is a core value in the crypto space. Users who employ AI tools will want to control their own data and determine how it is used to train models in the future.
Chris Dixon wrote a book ：Read Write Own -- Building the Next Era of the Internet
June 23 (Cointime) - ”I believe blockchains and the software movement around them — typically called crypto or web3 — provide the only plausible path to sustaining the original vision of the internet as an open platform that incentivizes creativity and entrepreneurship. I’ve been investing behind this thesis for years, and advocating for it through writing and speaking and by talking to business leaders, journalists, and policymakers both here and around the world.
