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Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler’s Digest, May 7-13

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Calls for a boycott of Coinbase over memecoin controversy, Florida’s ban on CBDCs, and the effects of Bitcoin Ordinals on the BTC network.

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Coin Market

Hong Kong stablecoins bill advances to the Legislative Council

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The proposed bill includes specified licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protection.

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Coin Market

Japan PM not ready to talk about Bitcoin national reserve: Report

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The Japanese Prime Minister said it is “difficult for the government to express its views” on implementing a Bitcoin strategic reserve.

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Coin Market

Yat Siu X account breach likely part of a string of recent hacks: ZachXBT

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The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be latest in a string of similar hacks in the past month.

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