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FAMEEX Morning Crypto News Recap | January 31, 2023

2023-01-31 16:42:55

Twitter Begins Applying for Regulatory Licenses to Enter US Payments Business
Twitter has begun applying for regulatory licenses to enter into the US payments business. The Financial Times reported that Elon Musk’s social media platform is designing the software to eventually introduce payments throughout the platform.

UK regulator investigates charity linked to FTX
The Charity Commission opened the inquiry on Dec. 19 after FTX had filed for bankruptcy in the U.S. and former CEO Sam Bankman-Fried was arrested.

Kazakhstan Adopts Law Regulating Crypto Mining And Exchange
The country’s Senate adopted a bill aimed at regulating cryptocurrencies and related activities in Kazakhstan, which will create to opportunity for establishing a crypto ecosystem in the country.

White House Says Congress Needs To Step Up Crypto Efforts
The Biden administration published a roadmap urging Congress to accelerate its crypto enforcement efforts.

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