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Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more

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This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service.

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Coin Market

AI bills have ‘positive intent’ but potentially ‘burdensome’ outcome: Lawyer

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Lawyer Dina Blikshteyn explains that many of the AI-related bills being drafted and passed in California may have good intentions but could burden small developers. 

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Coin Market

Bitcoin leads $321M crypto inflows following Fed rate reduction

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Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported.

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Coin Market

Stablecoins and crypto are threatening fiat money dominance in Eastern Asia

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Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins.

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