UK Recognizes Cryptocurrency as Regulated Financial Activity: New Bill Passed | Curated CoinCodeCap #29 June 2023

Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.

Coinmonks Team
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5 min readJun 30, 2023

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Dear Reader,

Welcome to the Coinmonks newsletter! We are thrilled to have you join our community of crypto enthusiasts and blockchain aficionados.

We believe that cryptocurrency and blockchain technology have the potential to revolutionize the way we think about finance, identity, and the internet as a whole. Our mission is to help you stay informed and engaged with this rapidly-evolving industry, and to provide you with the knowledge and tools you need to make informed decisions about your investments and your future.

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UK Recognizes Cryptocurrency as Regulated Financial Activity: New Bill Passed

  • The UK has formally passed legislation designating cryptocurrencies as a regulated financial activity.
  • The measure has ramifications beyond improving financial services regulator oversight and accountability.

Italy’s Central Bank calls for robust framework to regulate stablecoins

  • The bank calls for a robust, risk-based regulatory framework to address the potential risks associated with stablecoins.
  • The report highlights instances that have raised concerns about the stability of stablecoins, such as the de-pegging of Terra’s stablecoin and a notable run on Tether.

Court Denies Binance Motion to Limit SEC’s “Misleading” Press Language

  • Judge stated that the court’s role is not to “wordsmith” public statements made by either party.
  • Binance Motion had caused the SEC to issue misleading statements that could potentially taint the jury pool and cause confusion in the marketplace.

Uniswap Scam Warning : Executives Impersonated with a fake website

The cryptocurrency market has witnessed significant growth in recent years, with decentralized exchanges gaining popularity among traders and investors. Uniswap, one of the leading decentralized exchanges, has recently become a target for fraudsters looking to exploit unsuspecting users.

Hyperverse Crypto: Time travelling to zero

Hyperverse Crypto (HVT) is a cryptocurrency on the BNB Smart Chain (BEP20) network. It is the new name of the project formerly known as Hyperfund.

It offers a decentralized financial platform based on time travel and Metaverse concepts. HVT is a versatile governance token with various uses in the HyperVerse economy.

Refund Coin: Another Memecoin Pumped 1000%

Refund Coin (RFD) is a new ERC20 cryptocurrency minted on May 19, 2023. It is one of the many memecoins that have emerged in the second quarter of 2023, which some call the meme-coin season. However, unlike most memecoins based on popular internet memes or cultural trends, Refund Coin has a unique feature sets it apart from the rest: it offers a refund option to its holders.

Tectonic Crypto: A Complete Guide for 2023

Tectonic is a cross-chain money market protocol that allows users to earn passive yield and access instant-backed loans with their crypto assets. Tectonic aims to provide users with seamless and secure lending and borrowing functionalities across different blockchains.

PeiPei Crypto: Chinese Pepe Coin ?

PeiPei coin is a meme coin that has a fascinating origin. It is based on the Chinese version of Pepe the Frog, a popular cartoon character and internet meme.

5 Best Meme Coins to Buy This Summer

Pepe Coin recently gave over 20,000% returns to it’s investors and it can still give more. Launched in April 2023 as a homage to the Pepe the Frog meme, which is widely used on social media platforms such as Reddit and Twitter.

Top 3 Fan Tokens to invest for Quick Gains

Fan tokens are a new type of cryptocurrency that allows fans to participate in various aspects of their favorite sports clubs, such as voting, rewards, merchandise, and exclusive experiences.

Sports clubs issue fan tokens through platforms like Socios.com and Chiliz, and they can be traded on crypto exchanges like any other digital asset.

Many fan tokens are available in the crypto market, but some may offer more potential for quick gains than others. Based on the current market cap, popularity, and performance of fan tokens as of May 25, 2023, here are some possible candidates for the top 3 fan tokens to invest in for quick gains.

5 Best Penny Cryptocurrency For Summer 2023

Cryptocurrencies are digital assets that have gained popularity and value in recent years. However, not all cryptocurrencies are created equal.

In this article, we will explore some of the best penny cryptocurrency under $1 that could have a good upside potential for summer 2023.

Non-fungible tokens (NFTs) have exploded onto the scene in recent years, with a wide range of industries and individuals taking notice. From digital art and collectibles to music and even real estate, NFTs have disrupted traditional notions of ownership and value.

But with the market becoming increasingly crowded and prices soaring to dizzying heights, many are wondering whether this is just a passing fad or a sustainable trend.

In this article, we’ll take a closer look at the current state of the NFT market and explore the factors driving its growth and potential risks to be aware of.

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