Hong Kong to make crypto buying and selling fully legal this year, Binance expects to pay penalties
It sure feels that most of what we see is talks of regulation in crypto. Understandable given the last 8 months in the space. Binance expects to pay fine to end probes. Alongside raises seed round. Hong Kong will make crypto fully legal June 1 2023.
Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
Below are some of the top sentiment changers and news
Projects Sentiment Rankings:
Top
These are the top of mind coins today for crypto twitter.
This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page
Bottom
These are the most negative coins today on crypto twitter.
A federal judge allowed the identifies of guarantors who signed on as sureties for SBF, FTX
Many worry that the SEC’s pending action against Paxos could be the beginning to them going after Stablecoins
BUSD and Paxos ended relationship
Projects Sentiment Movers:
Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.
Conflux Network (+158): Announced they will build blockchain-based SIM cards in partnership with China Telecom
Frax (+186): Teamed up with QiDao Protocol to boost liquidity for MAI and Frax stablecoins
Terra (+282): An arrest warrant has been issued for former CEO of Tmon who accepted Luna as a payment to shill platform
These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above
Trending from yesterday 👍
News
Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.
SEC continuing to do SEC things to crypto industry
Alongside announces $11M seed round led by a16z
Binance expects to pay penalties to resolve US Probes
Hong Kong will officially make crypto purchases and sells fully legal for all of its citizens on June 1, 2023. Brian Armstrong uses opportunity to express disdain for US policy makers
Chief Legal Officer of Coin Base says USD-backed stablecoins aren’t securities
