567:Bitcoin Standard Author in El Salvador::China Benefits from US Crypto Policy::HK & UAE: Crypto

Overnighters,

Episode 567:
Bitcoin Standard Author in El Salvador
China Benefits from US Crypto Policy
HK & UAE: Crypto Regs Partnership
and More

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The TL;DL

Bitcoin Standard Author in El Salvador - Dr. Saifedean Ammous, author of "The Bitcoin Standard," is appointed as economic advisor for El Salvador's National Bitcoin Office.

China Benefits from US Crypto Policy - Coinbase CEO Brian Armstrong warns that US restrictive crypto policies could inadvertently benefit China, shifting global financial leadership.

HK & UAE: Crypto Regs Partnership - Hong Kong and UAE central banks agree to collaborate on cryptocurrency regulations and fintech development, aiming to strengthen virtual asset regulations.

UAE’s new AML Guidelines - The Central Bank of the UAE releases new anti-money laundering guidelines for cryptocurrency businesses, aiming to combat financial crimes and reduce potential risks.

XDC Network Expands in Japan - XDC Network, a hybrid blockchain solution, expands in Japan through a partnership with SBI VC Trade, enhancing the trading experience for customers.

India Eyes AI and Blockchain - India's central bank official urges banks to adopt AI and blockchain technology for sustainable growth and stability, highlighting the importance of tech adoption.

CFTC’s Clearing Warning - The US Commodity Futures Trading Commission issues an advisory warning about the risks associated with clearing digital asset transactions, calling for comprehensive rules.

Bybit Exits Canada - Cryptocurrency exchange Bybit decides to exit the Canadian market due to regulatory developments, following Binance's footsteps and ceasing its services in Canada.

Crypto Overnighter Podcast (5/31/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

Email: nick@cryptoovernighter.com
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