Aug 4: Crypto Regulations & Market Updates: Asia Focus, Coinbase, Binance, and Global Developments

Germany's far-right AfD party's interest in Worldcoin raises concerns about global surveillance. Revolut shuts down its US crypto operations due to the challenging regulatory environment. Coinbase thrives in the Bitcoin bear market, beating earnings in Q2. Block announces an increase in profits year-over-year in Q2 2023 earnings report. China aims to build blockchain digital infrastructure by 2025, while Shanghai takes steps towards blockchain adoption. Binance joins Klaytn's governance council and obtains an operational crypto license in Dubai. G20 President India publishes its input for framing global crypto rules, and the Bank of Korea excludes Seoul from its CBDC pilot study. Stay tuned to stay informed about the latest regulatory updates and market developments in the crypto world!

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News Links 👇

https://decrypt.co/151282/germanys-far-right-afd-worldcoin-orbs-solely-for-the-global-surveillance-of-people

https://decrypt.co/151272/revolut-shutter-us-crypto-operations-due-regulatory-environment

https://decrypt.co/151191/coinbase-bitcoin-bear-market-beats-earnings-q2

https://decrypt.co/151161/block-announces-increase-in-profit-year-over-year-in-q223-earnings

https://www.forbesindia.com/article/cryptocurrency/china-aims-to-build-blockchain-digital-infrastructure-by-2025/87195/1

https://www.shanghai.gov.cn/nw12344/20230731/74d21b6a0d7e4f909168ad372c2b4f82.html 

https://forkast.news/headlines/shanghai-blockchain-infrastructure/amp/ 

https://www.coindesk.com/markets/2019/10/23/binance-joins-governance-council-of-kakaos-klaytn-blockchain/

https://cointelegraph.com/news/binance-wins-operational-crypto-license-in-dubai

https://www.coindesk.com/policy/2023/08/02/g20-president-india-publishes-its-input-for-framing-global-crypto-rules/

https://www.coindesk.com/policy/2023/07/31/bank-of-korea-to-exclude-seoul-from-cbdc-pilot-study-next-year-report/ 

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