Weekly CEO News from Richard Ingram
July 20, 2023

A bill to create a regulatory framework for digital assets has been introduced by Republican members of the Agriculture and Financial Services Committees of the United States House, the result of several months of joint effort by the two committees.

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As Twitter, Instagram and TikTok users scroll through their feeds, reels and stories, compelling posts can catch their eye. Many of these posts claim that ChatGPT can turn anyone into a trading genius if offered the right prompts. Curiosity piqued,

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This week’s Bitcoin (BTC) options’ expiry on Friday, July 21 could solidify the $30,000 resistance level and give the bears the upper hand for the first time since the 21% rally between June 14 and June 21. Bitcoin options expiries coincide

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The United Kingdom government has rejected a proposal made by the U.K. Treasury Committee to regulate crypto retail trading in the same way it oversees gambling, stressing that it “firmly disagrees” with the Committee’s stance.  A panel of British lawmakers called

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Polygon Labs have begun work on an expansion that’s intended to include all blockchains and applications running on the Polygon network, seeking to democratize the upgrade process and encourage community participation. On July 19 the company’s developers presented a proposal

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The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC). On July 18, Kuwait’s main financial regulator, the Capital Markets Authority (CMA), issued a circular on supervision and issuance of virtual assets

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Myanmar’s first entirely crypto-based banking institution has announced a soft launch for July 22 — a move that could see the country’s shadow government given greater access to financial services and funding. The Spring Development Bank is named after the

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