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Top US Regulators Urge Congress to Pass Legislation on Crypto Assets


The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial...

OpenSea Announces Partnership with Warner Music Group


Music and entertainment company Warner Music Group (WMG) has announced a collaboration with the major non-fungible token (NFT) marketplace OpenSea. This partnership would “provide a platform for select WMG artists to build and extend their fan communities in Web3,” said the announcement.... Read...

Binance Creates Global Advisory Board to Tackle Regulatory Challenges


An international group of experts with extensive background in public and corporate governance will advise global cryptocurrency exchange Binance on regulation. The move is an indication of Binance’s focus on compliance and collaboration with regulators, according to its management. Crypto...

Uniswap Foundation to Distribute $1.8 Million in Grants to 14 Recipients


The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded...

J-pop to Go Crypto with IEO-funded Idol Group to Debut in 2023


J-pop is ready to take the crypto plunge, with Japan’s biggest pop producer set to debut a new “idol group” (a boy band or girlgroup) in the metaverse – a project that will be funded through an initial exchange offering (IEO). In a press release, a Japanese crypto-pop crossover project named...

Working Group to Develop Efficiency Standard for Crypto Mining in Russia


Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining...

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