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Hodler’s Digest: US Crypto Bills Progress, Worldcoin Launches, and Russia’s CBDC

Hodler’s Digest: US Crypto Bills Progress, Worldcoin Launches, and Russia’s CBDC

– Two bills have been approved by a US House panel that could provide regulatory clarity for crypto firms in the country.

– Vitalik Buterin, co-founder of Ethereum, has responded to the launch of Worldcoin’s human identity verification system with criticism and concerns.

– Russian President Vladimir Putin has signed a law to introduce a digital ruble in Russia, with the law set to take effect in 2023.

– Binance has withdrawn its cryptocurrency custody license application in Germany but plans to reapply with changes reflecting adjustments in the regulatory environment.

– Former FTX CEO Sam Bankman-Fried has agreed to a gag order preventing him from making comments that may interfere with his trial, but argues that other potential witnesses should also be gagged.

– Bitcoin is priced at $29,331, Ether at $1,876, and XRP at $0.71 at the end of the week.

– The top three altcoin gainers of the week are XDC Network, GMX, and Bone ShibaSwap, while the top three altcoin losers are Pepe, Gala, and Injective.

– Stuart Alderoty, chief legal officer of Ripple, believes that the SEC’s case against Ripple provides comfort to other judges that the SEC is misguided.

– Elon Musk plans to add comprehensive communications and financial services to his company X, formerly known as Twitter.

– Yves La Rose, CEO of the EOS Foundation, believes that while the West antagonizes blockchain companies, Asia welcomes them with open arms.

– Paul Brewster, CEO of Flooring Hut, sees Bitcoin as an asset with great potential for growth.

– The SEC has filed charges against Quantstamp for conducting an unregistered ICO, and the company is set to return $28 million raised in the ICO.

– The Alphapo payments provider hack is estimated to have caused losses exceeding $60 million.

– The launch of memecoin Pond0x has led to millions of dollars in losses for investors due to a faulty transfer function.

– Hervé Larren shares his experience with Bitcoin and the psychology of “blue-chip” NFTs.

– Simon Davis, CEO of Mighty Bear Games, discusses the future of gaming and his Web3 gaming studio.

– Jameson Lopp reflects on his first impression of Bitcoin and the ongoing work needed for its development.

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