Top crypto tweets of the day – May 22nd

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• French experts weigh in on SEC’s stumbling crypto litigation approach

  TL;DR Breakdown French AMF officials under Marie-Anne Barbat-Layani pride in their crypto legislation process, adding that they are AMF is “resolutely open to innovation.” French officials argue that MiCA, adapts existing rules for trading in financial instruments, while the SEC  holds onto century-old securities laws. France intends to build on its regulatory success by legislating for a new regime for Web3-style games involving monetizable digital objects. Description Bonjour!! According to recent reports, French officials have taken pride in their crypto-ready legislation, which contrasts with the SEC’s halting enforcement campaign. In addition, French officials are interested in the next iteration of Web3 gaming regulations. In the rapidly evolving crypto landscape, legal matters surrounding digital assets have become a pressing concern for regulatory authorities … Read more Bonjour!! According to recent reports, French officials have taken pride in their crypto-ready legislation, which contrasts with the SEC’s halting enforcement campaign. In addition, French officials are interested in the next iteration of Web3 gaming regulations. In the rapidly evolving crypto landscape, legal matters surrounding digital assets have become a pressing concern for regulatory authorities…

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• Presidential candidate Ramaswamy hits back at DeSantis’ Bitcoin statement

  TL;DR Breakdown Presidential candidate Ramaswamy strongly disagrees with Governor DeSantis’ recent statement regarding Bitcoin. While DeSantis expressed skepticism about the crypto, Ramaswamy sees Bitcoin as a valuable and transformative technology that can revolutionize various aspects of the economy. The ongoing Culture war on Bitcoin and Crypto adoption fuels grounds for growth and regulations. In a move that highlights the growing intersection between politics and crypto, US presidential candidate Alex Rivaswamy took a sharp swipe at Florida Governor Ron DeSantis following the latter’s recent remarks on Bitcoin. The comment has ignited a fierce culture war surrounding the controversial crypto, putting the spotlight on its role in shaping political landscapes. Rivaswamy, a prominent figure in the Democratic Party, seized the opportunity during a campaign rally to criticize DeSantis’ stance on Bitcoin. Speaking before a crowd of fervent supporters, he condemned the Governor’s remarks, labeling them as shortsighted and dismissive of the transformative potential of digital currencies. DeSantis’ Bitcoin remark sparks controversy DeSantis’ remarks, made during a press conference earlier this week, set off a flurry of reactions within the crypto community. While…

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• Putin talks Iran’s BRICS entry in call with Iranian leaders

  TL;DR Breakdown Russian President Vladimir Putin discussed Iran’s potential inclusion in the BRICS alliance during a call with Iranian leader Ebrahim Raisi. The BRICS group, comprising Brazil, Russia, India, China, and South Africa, is considering expanding its membership. The call also highlighted the commitment to enhance bilateral ties between Russia and Iran in areas like trade, energy, and logistics. Description In a move that has captured global attention, Russian President Vladimir Putin broached the topic of Iran’s potential entry into the influential BRICS consortium during a call with Iran’s leader. This discussion comes as BRICS, an alliance of burgeoning economies, contemplates its expansion, marking a significant moment in the geopolitical theater. A Pivotal Exchange: Putin … Read more In a move that has captured global attention, Russian President Vladimir Putin broached the topic of Iran’s potential entry into the influential BRICS consortium during a call with Iran’s leader. This discussion comes as BRICS, an alliance of burgeoning economies, contemplates its expansion, marking a significant moment in the geopolitical theater. A Pivotal Exchange: Putin and Raisi Dive into Iran’s Ambitions The…

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• Solana Broadens Accessibility for Ethereum’s Solidity Developers with Solang

  TL;DR Breakdown Solana takes a leap forward in its growth trajectory, announcing the launch of Solang, a new compiler that supports Ethereum’s Solidity language, expanding the range of developers who can build on the Solana ecosystem. With features like compatibility with Ethereum Solidity 0.8, support for Solana SPL tokens and native smart contracts, and enabling development with Anchor. Description In an innovative stride towards broader accessibility, Solana, a renowned platform known for using Rust or C for smart contract development, is now welcoming Ethereum‘s Solidity developers to its ecosystem. Today, Solana Labs jubilantly announced the launch of Solang, a transformative compiler designed to bridge the gap between Ethereum Virtual Machine (EVM) developers and the … Read more In an innovative stride towards broader accessibility, Solana, a renowned platform known for using Rust or C for smart contract development, is now welcoming Ethereum‘s Solidity developers to its ecosystem. Today, Solana Labs jubilantly announced the launch of Solang, a transformative compiler designed to bridge the gap between Ethereum Virtual Machine (EVM) developers and the growing Solana environment. For years, Solana has consistently…

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• Coinshares record strong revenue growth in Q2 2023

  TL;DR Breakdown Coinshares has reported a massive boost in its financials in the second quarter of 2023. Diversified crypto activities drive the firm’s success. Description CoinShares, a prominent European manager of crypto exchange-traded products (ETPs), has reported robust financial performance for the second quarter of 2023, marked by a 33% surge in total revenue compared to the same period the previous year. According to an announcement made on August 1st, the firm achieved total revenue of 20.3 million pounds ($25.9 … Read more CoinShares, a prominent European manager of crypto exchange-traded products (ETPs), has reported robust financial performance for the second quarter of 2023, marked by a 33% surge in total revenue compared to the same period the previous year. According to an announcement made on August 1st, the firm achieved total revenue of 20.3 million pounds ($25.9 million) during Q2 2023. Coinshares records 33% increase in Q2 2023 This increase was driven by a substantial gain of 10 million pounds ($12.76 million) in capital markets operations, which includes trading activities. This gain offset a 25% decline in year-over-year asset…

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