DAOs Get Legal Clarity in Wyoming with Landmark Crypto Law
In order to solve issues associated with decentralized organizations and bring DAOs under the jurisdiction of current laws, the State of Wyoming enacted a historic crypto bill. Wyoming Governor Mark Gordon adopted a state statute recognizing decentralized autonomous organizations (DAOs) as legitimate entities under the Decentralized Unincorporated Nonprofit Association Act (DUNA) on March 7. On […]
Kamino Finance Announces Genesis Airdrop of KMNO Token
A growing trend among cryptocurrency protocols is the token distribution plan based on a points system, which Kamino Finance, a Solana and defi project, is the latest to disclose. Solana-based defi lender Kamino Finance will take an on-chain snapshot on March 31 in preparation for an anticipated cryptocurrency airdrop for qualified early supporters in April. […]
BlackRock Intends to Add Spot Bitcoin ETFs
Leading asset management company BlackRock is currently applying for regulatory approval to add spot Bitcoin exchange-traded funds (ETFs) to its Global Allocation Fund, or MALOX. The company stated in an amended filing with the U.S. Securities and Exchange Commission (SEC) on March 7 that it plans to invest in exchange-traded products (ETPs) that are physically […]
Nigeria’s Apex Bank Taps Gluwa to Hasten e-Naira CBDC Adoption
The Central Bank of Nigeria and Gluwa, a blockchain infrastructure company, have teamed up to promote the e-Naira, the nation’s digital currency. Through blockchain technology, the partnership seeks to boost financial inclusion, improve e-Naira’s functioning, and spur financial innovation in Nigeria while encouraging the adoption of e-Naira. Additionally, the alliance will streamline the loan origination […]
Arbitrum DAO Votes to Finance Tornado Cash Devs’ Legal Expenses
Arbitrum DAO is Voting to finance the legal defense expenses of Tornado Cash’s developers. The DAO would donate up to 600,000 ARB tokens in the first year if the proposal is approved. Pseudonymous delegate DK submitted a proposal on March 7 seeking funding for a “robust legal defense” against the developers of the cryptocurrency aggregator […]