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This week I’ve been very busy with work, trips, logistics, and more, so I didn’t get the time to sit down and write a decent article.
However, I also didn’t want to miss my weekly email to you all, so I came up with the alternative of sharing a selected few relevant news of what happened this month. It is going to be a shorter article, but that will keep you informed and updated of the events.
So here we go…
Ukraine’s President Zelenskyy signed the Virtual Assets Bill into Law after receiving $100 million in crypto, legalizing crypto in the country. Learn more here.
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) voted against a controversial proposition that would have essentially banned Bitcoin within the EU. Learn more here.
South Korea newly elected president Yoon Suk-yeol has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. Learn more here.
Singapore to tax income generated from NFT transactions or tranding in it. Learn more here.
HSBC to become the first global financial services provider to enter The Sandbox, by purchasing a plot of land in its Metaverse. Learn more here.
SCB, the Siam Commercial Bank from Thailand, also launches virtual Headquarters in The Sandbox. Learn more here.
Goldman Sachs offering Ethereum Fund to clients through Galaxy Digital. Learn more here.
Goldman Sachs also executed its first over-the-counter crypto options trade, marking the first such transaction by a major Wall Street bank. Learn more here.
KPMG Canada Follows Bitcoin Buy With Purchase of World of Women NFT. Learn more here.
DeFi platform Aave Lauches Version 3 across six different blockchains. Learn more here.
Coinbase introduced Coinbase Pay, the easiest way for users to fund their Coinbase Wallet from the Chrome browser extension with just few clicks. Learn more here.
Even though we are not in a bull market right now, a lot is still happening in the crypto world, both in terms of development, as well as institutional adoption.
It is always good to zoom out and see the bigger picture, and keep educating ourselves in order to make choices that best serve our goals.
Thanks for making it this far! If you enjoyed it, make sure to like, subscribe and share! I will also be grateful for you helping grow this Newsletter.