Lulo Invest Newsletter #6

Welcome to Lulo Newsletter #6

Binance looks to the UK for regulation amid US crypto crackdown

Binance’s chief strategy officer expressed commitment to doing everything they possibly can to be regulated in the United Kingdom.

cointelegraph.com/news/binance-looks-to-the-uk-for-regulation-amid-us-crypto-crackdown

Crypto Custodian Aegis Is Offering Free Services to Women-Led Companies

The company, which is U.S.-qualified through its entity Aegis Trust, aims to help boost gender parity in crypto through the initiative.

www.coindesk.com/web3/2023/05/11/crypto-custodian-aegis-is-offering-free-services-to-women-led-companies

EU One Step Closer to Adopting New Rules on Sharing Crypto Tax Data

The EU tax directive amendment would mean crypto service providers need to share client transactions with their country's tax authorities.

blockworks.co/news/eu-ambassadors-crypto-tax

New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members

Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.

www.coindesk.com/policy/2023/05/10/new-rules-on-sharing-crypto-tax-data-unanimously-supported-by-eu-members

Silvergate Lays Off 230 Workers as Crypto-Friendly Bank Continues Wind Down - Decrypt

Silvergate will lay off 230 employees tomorrow, after saying in March it would begin shuttering its crypto-friendly bank.

decrypt.co/139791/silvergate-lays-off-230-as-it-continues-wind-down

Binance Debuts 'Capital Connect' to Link Institutional Investors with Crypto Fund Managers - Decrypt

Binance's Capital Connect will link institutional investors with crypto fund managers and allow them to perform due diligence.

decrypt.co/139557/binance-debuts-capital-connect-to-link-institutional-investors-with-crypto-fund-managers

EY Launches Ethereum-Based Carbon Emission Tracking Platform

The EY OpsChain ESG made the announcement at the firm’s Global Blockchain Summit in London.

www.coindesk.com/business/2023/05/10/ey-launches-ethereum-based-carbon-emission-tracking-platform

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