On this week's episode of The Crypto Mile, our host Brian McGleenon interviews Belgium's digital minister Mathieu Michel, who discusses the EU's plans to "bring order to crypto" and develop its own official, regulated blockchain. Michel emphasizes the need for trust and regulation in the rapidly evolving crypto ecosystem and asserts that crypto should be viewed not merely as a currency, but as a document of value, a means to exchange value, credentials, property ownership, and a way to protect privacy.

https://www.youtube.com/watch?v=ftSwpV2s8hY

Although China has maintained a hostile stance against crypto, the recent developments in Hong Kong got many to speculate about its impact on China.

https://cointelegraph.com/news/chinese-state-media-removes-video-on-crypto-after-binance-ceo-calls-it-big-deal

Blockchain analysis firm Elliptic said May 23 that several Chinese companies selling precursors to the synthetic opioid fentanyl have received millions in cryptocurrency. Elliptic reported that its researchers interacted with over 90 companies in China that offered to sell fentanyl precursors.

https://cryptoslate.com/chinese-companies-selling-synthetic-opioid-chemicals-raked-in-27m-in-crypto-payments/

Last week was the fifth consecutive week of crypto outflows.

https://dailycoin.com/crypto-outflows-continue-as-weekly-trading-volume-hits-historical-lows/

U.S. President Joe Biden expressed opposition to a proposal that could result in low taxes for crypto investors, The Hill reported on May 21.

https://cryptoslate.com/biden-opposes-agreement-that-could-protect-tax-cheats-and-crypto-traders/

With VeeCon 2023 underway, Gary Vaynerchuk joins Decrypt to discuss the rise of AI and his take on the volatile NFT market.

https://decrypt.co/140781/gary-vee-veecon-ai-nft-web3-business-conference

Americana, a crypto-native NFT trading platform that bridges digital collectibles to real world assets, hit the market on Friday.

https://blockworks.co/news/americana-nft-launch-vaulting

cryptocurrency exchange titan, Coinbase, has taken its pioneering zero-fee subscription service, Coinbase One, from beta testing to global expansion. First launched as a US exclusive in 2021, Coinbase One has now spread its wings, reaching across the Atlantic to customers in the United Kingdom, Germany, and Ireland.

https://www.cryptopolitan.com/coinbase-unveils-its-global-zero-trading-subscription-service-coinbase-one/

In the rapidly evolving landscape of crypto and blockchain technology, stablecoins have emerged as a crucial component, providing stability and utility within the volatile crypto market. However, as stablecoins gain prominence, it becomes essential for regulators to navigate this domain cautiously.

https://www.cryptopolitan.com/regulators-non-interference-in-stablecoins/

Erika Wykes-Sneyd joins Decrypt's gm podcast to discuss how apparel giant Adidas approaches NFTs and emerging culture alike.

https://decrypt.co/140527/adidas-web3-lead-thought-could-fired-signing-bored-ape-deal

While hardware wallets offer a high degree of security for cryptocurrencies, they are not entirely invulnerable. Understanding their vulnerabilities is key to protecting your digital assets.

https://beincrypto.com/crypto-hardware-wallets-privacy-security-claims/

The once-prominent crypto lender filed for bankruptcy last year.

https://cryptopotato.com/blockfi-to-liquidate-lending-platform-after-futile-sales-attempts/

The CEO of OpenAI, Sam Altman, is close to securing almost $100 million for his global crypto ID project Worldcoin.

https://cryptopotato.com/openai-boss-sam-altman-to-raise-100m-for-worldcoin-crypto-project-ft/

In the dynamic world of cryptocurrencies, understanding the various types of digital wallets is crucial for both new entrants and seasoned investors. Particularly, the distinction between custodial and non-custodial wallets can significantly impact the control, security, and flexibility of managing one's digital assets.

https://thecurrencyanalytics.com/technology/exploring-the-crypto-landscape-unraveling-the-differences-between-custodial-and-non-custodial-wallets-54604.php

Crypto mining firm Riot Platforms, formerly known as Riot Blockchain, has filed a petition in the District Court of Milam County in Texas against Bitcoin miner Rhodium Enterprises.

https://www.cryptopolitan.com/riot-platforms-action-rhodium-alleged-26m/