The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week. Source: https://www.coindesk.com/es/business/2023/05/24/bitcoin-payments-firm-strikes-headquarters-to-stay-in-us-despite-new-el-salvador-office/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The startup looking to create a global blockchain-based identification system using iris scans is getting duped by Chinese users. Source: https://www.coindesk.com/policy/2023/05/24/black-market-for-worldcoin-credentials-pops-up-in-china/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ava Labs says that new tool will create greater revenue opportunities and “sets the stage for mass adoption-ready cloud-based infrastructure in blockchain.” Source: https://www.coindesk.com/web3/2023/05/24/ava-labs-launches-no-code-web3-launchpad-avacloud/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The global regulator for securities markets released its first set of policy recommendations for the crypto sector on Tuesday. Source: https://www.coindesk.com/policy/2023/05/24/crypto-tradfi-broadly-welcome-ioscos-proposed-norms-for-digital-asset-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Miners will be scored on their use of clean energy and grid impact. Source: https://www.coindesk.com/business/2023/05/24/non-profit-organization-energy-web-starts-sustainability-registry-for-bitcoin-miners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial “travel rule” for crypto transfers. Source: https://www.coindesk.com/policy/2023/05/24/japan-to-enforce-tougher-crypto-anti-money-laundering-laws-next-month-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Financial Action Task Force has said it does “not require countries to indiscriminately ban virtual assets and virtual asset service providers,” after Pakistan’s Minister of State for Finance …

CFX tokens initially spiked in price after Hong Kong’s decision on retail investors, which some say could lure capital from Chinese investors. Source: https://www.coindesk.com/markets/2023/05/24/chinese-ethereum-conflux-draws-spotlight-as-hong-kong-welcomes-retail-traders/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Hong Kong’s proposed crypto exchange rules value TradFi chops over crypto knowledge. What are the key potential changes? Source: https://www.coindesk.com/markets/2023/05/24/first-mover-asia-cryptos-narrative-of-this-season-is-no-narrative-at-all/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1. Source: https://www.coindesk.com/markets/2023/05/23/bitcoin-climbs-past-274k-but-remains-in-holding-pattern-as-investors-continue-their-debt-limit-vigil/?utm_medium=referral&utm_source=rss&utm_campaign=headlines