570:GOP Digital Asset Framework::Binance Web3 Reality Show::Musk Doge Lawsuit Update and More

Overnighters,

Episode 570:
GOP Digital Asset Framework
Binance Web3 Reality Show
Musk Doge Lawsuit Update
and More

Collect the Cover: awrd.gg/5187

The TL;DL

GOP Digital Asset Framework - U.S. House Republicans propose a bill to transition digital tokens from securities to commodities, aiming to provide clearer guidelines for digital assets.

Tornado Cash Lawsuit Update - The Blockchain Association supports Coin Center's lawsuit against the U.S. Treasury Department, arguing against sanctions on crypto mixer Tornado Cash.

Binance Web3 Reality Show - Binance announces zkPass, a decentralized identity verification solution, as the winner of its Web3 reality show, "Build the Block."

Global Crypto ATM Surge - After a year-long decline, the number of Bitcoin and crypto ATMs worldwide saw a significant increase in May, with nearly 1,400 new installations.

CBDC Alert(Kenya) - The Central Bank of Kenya suggests that a central bank digital currency may not be a top priority, opting for innovative solutions within the existing ecosystem.

Musk Doge Lawsuit Update-Elon Musk faces insider trading allegations in a class action lawsuit, accusing him of market manipulation through publicity stunts, social media influence, and tweets related to Dogecoin. The lawsuit challenges his actions and seeks to hold him accountable for alleged fraud and self-promotion.

Crypto Overnighter Podcast (6/3/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

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