Global Macro
NYDFS Plans to Collect Diversity Data From Banking and Crypto Institutions
All authorized virtual currency service providers will be required to submit diversity data of their boards and management to the NYDFS.

Israeli Bill Would Force Crypto Investors to Report Holdings Above $61K
The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.

Europe and UK Binance Users React to Recent Restrictions Placed on Exchange
Binance users from Europe and the U.K. feel let down by both the exchange and their local financial institutions.

Can Taiwan Become Asia’s Crypto Haven? Not Yet
As China cracks down on the crypto field, Taiwan could be an alternative destination for crypto entities but can crypto thrive in Taiwan?

Buyer of Jack Dorsey’s First Tweet Reportedly Arrested in Iran
Although Iranian officials confirmed arresting members of Estavi’s company, it is unclear if the Malaysia-based businessman was one of those detained.

Economic Uncertainty Drives Crypto Growth in Sri Lanka
Paxful's crypto trading volume in 2021 has more than tripled compared to all of 2020.

Solana Foundation Draws $60M to Support Blockchain Development
The funds, provided by Hacken, Gate.io, Coin DCX and BRZ, will focus on growing the Solana ecosystem in Brazil, India, Russia and Ukraine.

Consensus 2021: Crypto Is Booming in Brazil, but Regulations Lag Behind
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.

Turkish Crypto Exchanges Must Report Transactions Over $1,200, Finance Minister Says
The country is rushing to regulate the crypto market after two local crypto exchanges went offline in April.

$2.2B Bitso Becomes First Crypto Unicorn in Latin America
The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.
