Lulo Invest Newsletter #27

In a statement about the acquisition, Kraken CEO David Ripley called the Netherlands a “key market” for Kraken.

The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”

The IMF's working paper seeks to tackle the rapidly changing crypto market and highlight significant macro-financial risks.

Visa executive highlights role of Visa cards in crypto adoption, emphasizes need for forward-thinking regulations, & unveils $100M AI investment.

CMCC Global, a Hong Kong-based venture capital firm, has raised US$100 million for a new fund aimed at backing Asian blockchain start-ups amid Hong Kong’s virtual asset push, despite the recent JPEX scandal.

A Kenyan parliamentary panel called on the country's information technology regulator on Monday to shut down the operations of cryptocurrency project Worldcoin within the country until more stringent regulations are put in place.

A global central bank test lab has designed a prototype bitcoin monitoring system aimed at giving authorities a clearer picture on how, when and where the cryptocurrency is used.

East Asia represents almost 8.8% of all transactions globally, a report from the research firm says.

Cryptocurrency firm Ripple said on Wednesday its Singapore subsidiary has secured a payments licence to operate in the city-state without transaction thresholds.

The former crypto billionaire is accused of "one of the biggest financial frauds in US history".

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