In an effort to regulate financial transactions within its popular tourist destination, Bali, the Indonesian local government is taking strict

https://thenewscrypto.com/balis-crackdown-on-cryptocurrency-usage-by-visitors-puts-tourism-at-risk/?SNAPI

Coinbase is shaking things up in the crypto world with their new zero-fee trading service! This game-changing service makes it easy to buy and sell cryptocurrencies, so get ready to take advantage of these opportunities!

https://www.youtube.com/watch?v=KROFy-LGIsk

Raoul Pal, a former Goldman Sachs executive, anticipates a significant rally in cryptocurrency and tech stocks, citing the inevitable rise in liquidity from central banks worldwide.

https://www.cryptoglobe.com/latest/2023/05/the-great-crypto-and-tech-rally-a-former-wall-street-insider-predicts-the-future/

The U.S. President's remarks come as critical budget negotiations resume in Washington, D.C. today.

https://decrypt.co/140869/us-debt-ceiling-budget-battle-crypto-traders

Three Arrows Capital is currently undergoing bankruptcy proceedings and owes an estimated $3.5 billion to creditors.

https://cointelegraph.com/news/bankrupt-crypto-hedge-fund-3ac-s-nft-auction-fetches-2-5m

Florida Governor Ron DeSantis signed a bill purportedly aimed at prohibiting CBDCs. Legal expert Professor Carla Reyes argues that the bill does not effectively prohibit CBDC usage.

https://thenewscrypto.com/florida-governor-signs-cbdc-bill-legal-expert-highlights-limitations/?SNAPI

In a shocking turn of events, the decentralized exchange (DEX) platform Swaprum has become the latest victim of a ruthless rug pull, resulting in a staggering loss of approximately $3 million worth of funds. The project's native token, SAPR, has plummeted by an alarming 100%, leaving investors in despair.

https://www.cryptopolitan.com/swaprum-rug-pull-3-million-lost-as-investors-reel-from-shocking-defi-scam/

"Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not," Ledger said on Twitter.

https://www.coindesk.com/business/2023/05/18/ledger-continues-to-defend-recovery-system-says-its-always-technically-possible-to-extract-users-keys/

Stablecoins are a window into the market's true sentiment. Recent data shows a decline in outflows, hinting at a potential shift towards a bullish outlook and market rebound.

https://ambcrypto.com/stablecoin-outflows-diminish-signaling-potential-shift-in-market-sentiment/

An Amicus Brief is filed by CCI over the Securities and Exchange Commission. Sooner if clarity is not provided, the chances of moving to the EU or the UK are higher.

https://thenewscrypto.com/cci-files-an-amicus-brief-on-sec-seeking-response-to-coinbases-petition/?SNAPI

A privacy DAO is now offering a "proof of innocence" feature, whose basic concept is to allow users to show their funds have no connection to particular deposits.

https://beincrypto.com/privacy-dao-chainway-proof-of-innocence/

Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow's invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S.

https://news.bitcoin.com/binance-reportedly-investigated-in-us-for-russia-sanctions-violations/

Big Four accounting firm Deloitte has announced its integration with KILT Protocol, a Polkadot-based parachain, to enhance its Know Your Customer (KYC) and Know Your Business (KYB) verification processes. The integration aims to streamline identity verification by issuing reusable digital credentials to customers, significantly improving operational factors.

https://cryptodaily.co.uk/2023/05/deloitte-integrates-kilt-protocol-for-digital-credentials

Binance is reportedly under investigation by the United States Depart of Justice (DoJ) Department's national security division for violating sanctions placed on Russia

https://crypto.news/us-doj-reportedly-investigating-binance-for-violating-sanctions-against-russia/

The United Kingdom's financial regulator has announced the inspection of sites across the country suspected of hosting illegal crypto ATMs.

https://ambcrypto.com/uk-fca-cracks-down-on-unregistered-crypto-atms-yet-again/