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Crypto Biz: Helicopter CBDC money rains on Shenzhen, May 26—June 1

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China’s advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund.

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Coin Market

Hacked crypto exchange DMM seals deal with SBI, accounts to open March

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SBI VC Trade has sealed a deal with DMM Bitcoin to receive the hacked exchange’s assets, with DMM customers expected to transition to SBI in March.

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Coin Market

Floki DAO floats liquidity provisioning for a Floki ETP in Europe

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If the vote is approved and the ETP goes ahead, Floki DAO will join Dogecoin as the second memecoin to have a registered ETP.

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Coin Market

Cryptocurrency investment should favor emerging markets

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Crypto investment should more closely follow adoption patterns in emerging markets.

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