615: France Embraces Crypto as Kuwait Issues a Ban

Overnighters,

Episode 615:
UK Rejects Crypto-Gambling Link
French vs US Crypto Regulation
CBDC Alert (South Korea) and More

The TL;DL  

UK Rejects Crypto-Gambling Link - The UK finance ministry rejects calls to regulate crypto like gambling, aiming to foster innovation and make the UK a hub for web3 and blockchain technology.

French vs US Regulation - France and the US take contrasting approaches to crypto regulation, with France embracing crypto and the US still figuring out its regulatory stance.

Myanmar's Crypto Neobank Revolution - Myanmar's shadow government, the National Unity Government, launches a neobank running on blockchain technology, aiming to disrupt the traditional financial system.

CBDC Alert (South Korea) - The Bank of Korea releases its 2022 Payment and Settlement Systems Report, outlining a future that includes a Central Bank Digital Currency and regulation of stablecoins.

Canadian Investors Targeted - A worrying trend emerges in Canada, with home invasions targeting crypto investors. The police urge the crypto community to stay vigilant and protect their assets.

Kuwait Bans Crypto - Kuwait's financial watchdog, the Capital Markets Authority, issues a sweeping ban on all things crypto, citing the need to combat money laundering and align with global recommendations.

Crypto Overnighter Podcast (7/20/2023): 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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