Lulo Invest Newsletter #14

Crypto news: JP Morgan recently activated the settlement of euro payments with its new JPM Coin. click here to know more.

The digital asset industry, already in turmoil, now faces a full-fledged battle with regulators.

The Danish Financial Supervisory Authority's explained that it isn't legal for banks to conduct such activity as ancillary bank business for reasons of financial stability under current regulations.

A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.

Thailand's SEC is banning "depository services that offer returns to depositors and lenders" and has introduced a mandatory risk disclaimer.

Namibia, a Southern African nation, is making headway in establishing its position on the digital financial landscape. The National Assembly recently approved a pivotal bill, the objective of which is to legalize and govern virtual assets, such as cryptocurrencies. Now in the stage of being officially enacted, the law is a cornerstone for Namibia’s journey ... Read more

Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy www.cryptopolitan.com/namibia-embraces-crypto-legislationpaper said.

Vietnam’s Department of Cybersecurity and High-Tech Crime Prevention launched its investigation into Pi Network on June 30.

Larry Fink joined Fox Business to discuss BlackRock’s application for a spot bitcoin ETF.

Time is running out for Digital Currency Group to agree on a deal to restructure its bankrupt crypto lending unit Genesis after its largest creditor Gemini - the crypto company founded by the Winklevoss twins - set Thursday afternoon as the final deadline before the company pursues litigation.

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