PLUS: Meme coins don’t respect the intellectual property rights of others. And that’s a problem. Source: https://www.coindesk.com/markets/2023/05/19/first-mover-asia-traders-long-on-bitcoin-despite-debt-ceiling-challenges-dark-us-regulatory-clouds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/05/18/what-are-the-stakes-in-the-sec-vs-ripple/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BTC reversed its morning gains, declining below $26,500 before recently rebounding. Source: https://www.coindesk.com/markets/2023/05/18/bitcoin-drops-below-27k-as-investors-continue-to-weigh-debt-ceiling-talks-regulatory-actions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Chinese rig maker’s new model can deliver a wooping 320 TH/s. Source: https://www.coindesk.com/tech/2023/05/18/bitcoin-mining-rig-maker-microbt-unveils-most-powerful-machine-yet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The new service is expanding access to the U.K., Germany and Ireland. Source: https://www.coindesk.com/business/2023/05/18/coinbase-officially-opens-subscription-service-expands-reach-outside-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Digital Asset Anti-Money Laundering Act that Senators Elizabeth Warren and Roger Marshall are pushing through Congress is the legislative equivalent of a Trojan Horse, writes John Rizzo. It …

Pakistan’s government has hardened its stance against cryptocurrencies, with Minister of State for Finance and Revenue Aisha Ghaus Pasha saying they will “never be legalized in Pakistan.” Source: https://www.coindesk.com/policy/2023/05/18/pakistan-announces-fresh-ban-on-crypto-but-adoption-as-a-hedge-remains-popular/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The pool will enable the purchase of mangrove-based carbon credits. Source: https://www.coindesk.com/business/2023/05/18/climate-finance-firm-solid-world-opens-forward-carbon-liquidity-pools-with-polygon/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners Source: https://www.coindesk.com/business/2023/05/18/expect-ripple-deal-to-set-off-crypto-custodian-ma-says-advisory-firm/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels. Source: https://www.coindesk.com/business/2023/05/18/zk-startup-lagrange-labs-raises-4m-to-build-secure-defi-interoperability/?utm_medium=referral&utm_source=rss&utm_campaign=headlines