Newsletter Jul 25, 2023
Putin Greenlights Russia's New CBDC Ahead Of Crypto Exchange Trial Run

While Russia is now on its way to roll out its CBDC, the U.S. Federal Reserve last week launched an instant payment service, called FedNow, which was met with skepticism that it would replace dollar with a potential CBDC.


Vitalik Buterin Raises Alarm Over Risks And Issues Associated With Sam Altman's Worldcoin

On the same day of the Worldcoin launch, Buterin released a long-form essay containing his thoughts on the project's human identity verification system, including the four major risks the project poses.


Bankman-Fried Agrees To Gag Order; House Arrest Could Be In Jeopardy Following Judge's Summon

Sam Bankman-Fried's legal team, in its response to the gag order, requested the court to extend the media gag order to include possible witnesses in the case, including the current CEO of FTX, John Ray III.

SEC Says Part Of Ripple Case's Ruling Was 'Wrongly Decided,' Hints At Filing An Appeal

U.S. District Judge Analisa Torres ruled in favor of Ripple Labs, highlighting that approximately half of its sales of XRP, the native token of the Ripple blockchain, did not violate the country's investor-protection laws.

The Rise and Fall of Crypto Exchanges, and the Future of Unregulated Platforms

Crypto's largely unregulated free-for-all is colliding with intensified government oversight globally.

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