LIBRA Insider Flees Country

SolJakey recently claimed he fled the country after receiving death threats over allegations of insider trading linked to the LIBRA token.

He was tied to the LIBRA project through Hayden Davis and Kelsier Ventures, which launched both LIBRA and MELANIA.

New Ethereum Co-Executive Directors

The Ethereum Foundation (EF) revealed that Hsiao-Wei Wang and Tomasz Stańczak have been appointed as the new Co-Executive Directors.

Additionally, former EF researcher Danny Ryan revealed that he would be joining Etherealize, a new initiative focused on bringing ETH to Wall Street.

Kyrgyzstan Introduces Gold-Backed Stablecoin

Kyrgyzstan has introduced a gold-backed stablecoin focused on transparency, financial inclusion, and practical use, prioritizing these aspects over centralized control.

In contrast to other Central Asian countries that have been cautious or restrictive, Kyrgyzstan has developed a model that incorporates crypto into its wider financial system while preserving its financial independence.

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