Asia Express: China’s GBA Capital unveils $10B metaverse fund, first digital yuan CBDC wallet seizure, Tencent’s fleet blockchain patent.
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Judge rules that Terraform Labs offered and sold LUNA as unregistered security, Barry Silbert leaves Grayscale’s board and China takes action against Tether.
Swan Bitcoin founder Cory Klippsten warns investors away from altcoins, saying only 3 have ever recovered to their previous all time highs.
Community member Adriano Feria described the law as “stupid” and called the officials that created it “idiotic” on X.
Senate Bill 892 would require the Department of Technology to establish safety, privacy and nondiscrimination standards for AI services.
Grayscale and VanEck filed registrations to list shares of spot Bitcoin exchange-traded funds on NYSE Arca and the Cboe BZX Exchange, respectively.
The president of Ace Exchange said none of the firm’s employees had been arrested following Taiwanese police conducting raids as part of a fraud investigation.
The commission argued a summary judgment in its favor against Terra provided “further grounds” on which a judge could consider denying a motion to dismiss from Binance.
Prime Minister Giorgia Meloni said she wants to hold a special AI-focused session of G7 members before the first leaders’ summit, scheduled for June.
Cecabank, Abanca and Adhara Blockchain have been chosen from the 24 applications received over the past year.
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