WAO ART #456

STON.fi, a London, UK-based decentralized AMM DEX built on the TON blockchain, raised an undisclosed amount in funding from CoinFund. The company intends to use the funds to further enhance operations for its rapid growth, on a mission to expand financial services to Telegram users via instant exchange of Toncoin.

The future of Bitcoin and cryptocurrencies in the United States could be threatened by a controversial regulatory decision. Influential senators have expressed their deep concern regarding a new interpretation of the laws by the Department of Justice.

The International Monetary Fund (IMF) has urged the Nigerian government to regulate and license foreign crypto exchanges. The IMF recommends mandatory registration and license procurement for every crypto platform to ensure financial stability.

Crypto trade volumes in Brazil have spiked in the first months of 2024. According to data from Kaiko Research, crypto trading activity in the country is up 30% year-over-year. From January to May 2024, crypto trading volume denominated in Brazilian real reached $6B, marking a 30% increase from the previous year.

The United States and China will hold their first talks on artificial intelligence on Tuesday, with Washington set to raise concerns about Beijing's use of the fast-emerging technology. US officials said they did not expect any concrete agreements or offers of cooperation from the dialogue.

CoinGate, the renowned cryptocurrency payment processor, has announced the integration of the Solana (SOL) network within its payment gateway. By integrating Solana, CoinGate harnesses its advanced technology and extensive user base, which will drive up orders for its merchants.

Australian users can now deposit and withdraw AUD via local banks and access various trading functions on OKX. Recent global expansions of OKX include launches in Türkiye, Argentina, Brazil and regulatory approvals in Singapore and Dubai.