WAO ART #448

Chris Dixon, lead crypto investor at Andreessen Horowitz, is leading an effort to improve the image of cryptocurrencies. He has written a book called "Read Write Own: Building the Next Era of Internet" to promote the virtues of blockchain technology. Dixon has invested in crypto startups like Coinbase and Yuga Labs.

Germany's KfW is set to sell its first blockchain-based digital bond. The goal is to attract more potential investors. The transaction is scheduled to be completed in the summer. KfW has already issued a digital bond in the form of a central register security.

Rwanda's National Bank is studying the feasibility of introducing a Central Bank Digital Currency (CBDC). The study examines the potential benefits, risks, and practicalities of implementing a retail CBDC in Rwanda.

Grayscale Bitcoin Trust (GBTC) has experienced its first-ever inflow after $17.5 billion in outflows. On May 3, 2024, GBTC received $63 million in inflows, ending its 82-day streak of losses. Other Bitcoin ETFs also saw inflows, totaling $378.3 million in one day.

Argentine House passes cryptocurrency tax regularization bill. Bill in Buenos Aires targets Worldcoin for alleged law infringements. Argentine citizens may have the opportunity to regularize undeclared cryptocurrency assets.

Web3 GP is presenting Daytona Supercar Sim Racing at three Hong Kong blockchain conferences in May. Web3 GP integrates Web3 Play-to-Earn technology with open-source technology from popular racing sims. Racing fans can witness an exclusive sim car race featuring rare and limited edition supercars at the events.

Australian court rejects ASIC's attempt to classify blockchain as a financial product. ASIC sued BPS, claiming that the Qoin project, token, blockchain, and wallet were a financial product requiring a license. The court clarified that blockchain was not part of the financial product and disagreed with ASIC's allegations.