Lulo Invest Newsletter #16

Polygon Labs’ chief legal and policy officer says she sees a “turning tide” for favorable regulatory conditions in the crypto industry.

Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.

The stock market operator had said in March that it was putting together infrastructure and regulatory approval for the custodian service.

The prohibitions are an effort to meet requirements set by the FATF on preventing money laundering via crypto, the Capital Markets Authority said.

French bank Societe Generale has become the first company in France to obtain a license for crypto services, as a growing number of mainstream financial companies embrace crypto globally this year.

A bipartisan congressional duo have reworked a plan to regulate the crypto market with more consumer protections.

RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital.

Long one of crypto’s big ideas, tokenization may finally be ready for prime-time. Wall Street is diving in, creating tokens for everything from buildings to gold bars. One advantage: relatively little regulatory scrutiny. Jeff Wilser reports.

The government argued that classifying crypto asset trading as gambling would create a misalignment with global standards.

Tesla maintains $184m BTC holdings amidst record revenue

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