Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law.
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA’s regime.
The Chinese government has announced that it plans to control the export of gallium and germanium products heavily used to produce semiconductors.
Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees.
Animoca Brands founder Yat Siu believes Hong Kong’s efforts to foster the Web3 ecosystem are in stark contrast to regulatory uncertainty hampering development in the United States.
Merkle Science CEO Mriganka Pattnaik has offered a “contrarian” take, explaining that crypto firms won’t vanish from the United States anytime soon.
In an open letter, Cameron Winklevoss slammed DCG’s Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers.
Three Arrows Capital co-founder Kyle Davies called it a “shadow recovery process” during a July 3 Twitter Spaces.
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