24/03/2023
⏳ [Crypto Weekly Digest] #18
In today's crypto news roundup, we see the Terra founder arrested, the SEC suing Tron founder Justin Sun, Circle applying for a French license, Telegram enabling USDT transactions, and El Salvador's President Nayib Bukele's plan to remove taxes on technology. 🔎 Let’s break into it 👇
1/ Terra Founder Do Kwon Arrested
Do Kwon, founder of Terra, has been arrested in Montenegro on suspicion of identity fraud. Kwon had been charged by the a month ago and is under investigation for the collapse of .
2/ SEC Sues Tron Founder Justin Sun
SEC has sued Tron founder for unregistered securities sale, fraud, and market manipulation, including wash trading to manipulate $TRX's secondary market.
3/ Circle Applies for French License
Circle applied for a license in France to become a licensed e-money provider and register as a Virtual Asset Service Provider.
4/ Telegram Enables USDT Transactions
Telegram users can now send and receive Tether ($USDT) using the bot, allowing for transactions in the largest stablecoin.
5/ El Salvador to Remove Taxes on Technology
El Salvador's President plans to send a bill to Congress eliminating all taxes on technology innovations, including AI development, coding, and hardware manufacturing.
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