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North Carolina House Unanimously Votes to Ban CBDC Payments to the State

North Carolina's House of Representatives on Wednesday unanimously passed a bill prohibiting the state's agencies and institutions from accepting payments in central bank digital currencies (CBDC). "The Hash" panel discusses the latest on the digital dollar.

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SEC Ordered to Respond to Coinbase Allegations Within 10 Days

The U.S. Securities and Exchange Commission (SEC) has been ordered by a U.S. court to respond to cryptocurrency exchange Coinbase's (COIN) complaint over how it applies securities laws to digital assets. The Third Circuit Court of Appeals said in a Wednesday filing that the SEC must file its response within 10 days. Coinbase may then file a response seven days thereafter. "The Hash" panel discusses the latest in crypto regulation.

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French Senators' Proposal on Crypto Influencers; U.K. Wants to Ban Crypto Cold Calls

Social media influencers would be allowed to promote products of registered crypto companies under proposals agreed by the French Senate’s Economics Committee on Wednesday. Meanwhile, the U.K. government is set to ban cold calls to sell financial products, including crypto, according to a Wednesday announcement. "The Hash" panel discusses the latest in global crypto regulation.

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Pepecoin Trading Volumes Surpass Dogecoin, Shiba Inu as Early Buyers Take Profits

Frenzied trading activity has pushed the newly launched pepe token (PEPE) to garner trading volumes higher than those of dogecoin (DOGE) and shiba inu (SHIB), otherwise the two biggest meme coins by trading volume. Since its debut a few weeks ago, PEPE briefly rocketed to a $502 million market cap following a 2,100% rise before pulling back. "The Hash" panel discusses the potential factors driving the meme economy's latest rally.

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Sui Mainnet Goes Live: What's Behind the Sui Token Surge and Excitement?

Sui, the buzzy layer 1 blockchain founded by ex-Meta Platforms employees, launched its mainnet on Wednesday as it jockeyed to edge out rival Facebook-offshoot Aptos and other DeFi heavyweights. Sui Network tokens (SUI) briefly jumped to $2 apiece minutes after trading began, reaching nearly $690 million in market cap to a fully diluted valuation (FDV) at a staggering $13 billion. "The Hash" panel discusses their outlook for the Sui ecosystem.

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White House Pushes for Punitive 30% Tax on Crypto Mining Operations

U.S. President Joe Biden is looking to impose a punitive tax on crypto mining operations for the "harms they impose on society," the White House’s Council of Economic Advisers (CEA) said Tuesday in an online post. The administration’s blog entry made the case for a U.S. tax equal to 30% of a mining firm’s energy costs – an unusual industry-specific penalty that could threaten the profits of such businesses. "The Hash" panel discusses the potential impact on the bitcoin mining industry.

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'Bitcoin Request for Comment' Tokens Skyrocket to $137M in Market Value

Interest in "Bitcoin Request for Comment," or BRC-20, tokens built with Ordinals and stored on the Bitcoin base blockchain, has skyrocketed, lifting their market value by several hundred percent. "The Hash" panel discusses the latest development making waves in the Bitcoin community.

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Sports Illustrated Unveils NFT Ticketing Platform on Polygon

U.S. sports media company Sports Illustrated is launching a non-fungible token (NFT) ticketing platform called "Box Office" built on the Polygon network, an Ethereum scaling tool. "The Hash" panel discusses the future of NFT ticketing and live entertainment powered by blockchain technology.

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DCG's CFO Resigns as Crypto Conglomerate Repays $350M Loan

Crypto conglomerate Digital Currency Group (DCG) said Chief Financial Officer Michael Kraines stepped down in April and revealed that it fully repaid a $350 million senior secured term loan during the first quarter. "The Hash" panel discusses the industry implications. DCG is the parent company of CoinDesk.

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Coinbase and Gemini Open Offshore Crypto Derivatives Exchanges

U.S.-based crypto trading firm Coinbase is opening a derivatives exchange in Bermuda as part of an international expansion plan that comes as the publicly traded company faces regulatory headwinds at home. Gemini also announced the launch of its own international crypto derivatives exchange. "The Hash" panel discusses what this suggests about the state of crypto business operations and regulation in the U.S.

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