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The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week. Source: https://cointelegraph.com/rss MakerDAO voting on collaborating with a traditional bank
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy. Source: https://cointelegraph.com/rss High-ranking crime fighter to join UK’s FCA as payments and digital assets director
The console’s creators say it will be compatible with eight blockchains and have its own digital wallet, token, and marketplace, with a prototype coming in “a few months.” Source: https://cointelegraph.com/rss Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more
Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry. Source: https://cointelegraph.com/rss Crypto community eyeing three macro events to tip crypto scales in July
Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet. Source: https://cointelegraph.com/rss Indian crypto trading volumes slump following hefty taxes