July 4 (Cointime) - Patrick Hansen, Director of Strategy and Policy for Circle Internet Financial in Europe, believes that Europe is a favorable environment for cryptocurrencies due to its detailed regulatory frameworks and tax structures.

June 22 (Cointime) - Former traditional bankers who have pivoted to crypto remain optimistic about the industry's future and enjoy the freedom to take innovative risks. Lisa Wade, former head of innovation and sustainability at National Australia Bank, has joined DigitalX as its new CEO, citing the opportunity to "build something great" in a way that a bank couldn't.

June 21 (Cointime) - US Senate leader Chuck Schumer will call for comprehensive legislation on safety measures for artificial intelligence (AI) during a meeting at the Center for Strategic and International Studies in Washington D.C. on June 21. Schumer will emphasize the need for bipartisan action from Congress on the topic and highlight potential difficulties in creating legislation for every single issue that may arise with the emergence of AI.

June 19 (Cointime) - Craig Wright, who claims to be the creator of Bitcoin, has criticized the Bitcoin Core developers for hindering innovation and destroying the efforts of builders. He accused them of disregarding the rights of creators and attempting to merge open-source and public domain concepts to strip away property rights.

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EOS, which was once a top ten cryptocurrency by market cap, has faced setbacks and dropped to the top 50. However, the EOS Network Foundation (ENF) has taken over and made strategic partnerships to revive the project, including launching an Ethereum Virtual Machine mainnet and pledging $20 million to developers.

Metaverse Beauty Week (MBW) is a leading event dedicated to digital and real-life beauty, taking place from June 12-17 in the Decentraland, Roblox, and Spatial metaverses, as well as in London. The event will feature beauty brands like Neutrogena and Glossybox, as well as virtual icons like Cassandra Bankson. MBW aims to connect leading beauty brands to the Web3 space and promote innovation in the industry. The event will showcase exclusive drops, insights, and other examples of innovation in the digital beauty industry, highlighting the potential for the beauty industry in the Web3 space.

Marvion, a Metaverse Blockchain company and a subsidiary of Bonanza Goldfields Corp., has announced the acquisition of a portfolio of valuable intellectual property assets from Euro Amazing Limited.

Lawmakers in the UK are calling for urgent action on crypto regulation, as the EU passes landmark policy with its Markets in Crypto Assets (MiCA) regulation. The UK risks falling behind and missing out on innovation, jeopardizing its chance at becoming a global leader in the space. The All Party Parliamentary Group for Crypto and Digital Assets has released a report calling for a crypto legislative package to pass immediately, with a deadline of 2025 for crypto regulation in the UK and the appointment of a "crypto tsar" to coordinate efforts across regulatory groups. Financial Conduct Authority executive director of markets Sarah Pritchard has also emphasized the need for swift action, as the take-up of crypto continues to rise despite recent market chaos.

The Web3 ecosystem has experienced growth due to the emergence of decentralized applications (dApps) like blockchain-based social media and non-fungible tokens (NFTs). However, major tech companies have imposed restrictions on app store listings and advertising on social media platforms, limiting the growth potential of Web3 developers.