South Korea to vote on bill requiring crypto asset disclosure for lawmakers
A recent political scandal has prompted the proposal of legislation intended to ensure South Korean officials report all digital asset holdings above roughly $760.
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Texas legislative session winds down with crypto bills still in limbo
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott’s approval or veto as of May 29.
Web3 developer Magic raises $52M in funding led by PayPal Ventures
The company has raised $80 million for wallet development since its inception in 2020.
Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow
BTC and stocks look to rally after US lawmakers potentially reach a deal on the debt ceiling.
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears.