- A lot of people have applauded the move by the UK government to regulate stablecoins as payments, but many in the crypto community still need more clarity. “Coin Desk”
- North Korean hacker group Lazarus is being viewed as a serious threat in crypto theft and schemes by several US government agencies. “Coin Desk”
- The bank of Japan will explore the design issues of a central bank digital currency in measured steps like Sweden rather than pressing ahead with large scale pilot tests like China. “Bloomberg Crypto”
- United States Internal Revenue Service sees crypto and NFTs as ripe for fraud and money laundering, and are ready to start probing them. “Bloomberg Crypto”
- Quik, which is an NFT marketplace, has started to allow users to buy tokenized domain names. “U Today”
- Top central bank official say that Russia needs the digital ruble. “Bitcoin News”
- Cryptocurrency exchange Blockchain is interviewing banks for an initial public offering, which could take place as early as this year. “Coin Desk”
- Terra UST is now the third-largest Stablecoin. UST is a USD pegged Stablecoin that was launched in September 2020. Its minting mechanism requires a user to burn a reserve asset such as LUNA to mint an equivalent amount of UST. “Coin Telegraph”
- Indian crypto exchange Coin DCX raised 135 million dollars in new funding, at a time when India’s trading volumes have plummeted. “Coin Desk”
- Two whales have bought 243 billion Shiba after grabbling 1.2 trillion Shib in April. “U Today”
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Wednesday, April 20, 2022 12:41:00 PM
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