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Despite the warnings on DeFi, Treasury noted that "most money laundering, terrorist financing, and proliferation financing" occurred using fiat or outside the crypto ecosystem.
Japan's Web3 project team released a white paper suggesting ways to expand the country's crypto industry to establish a welcoming atmosphere for crypto.
University-affiliated research initiatives received more than $13 million in grants from the FTX Future Fund, with several students getting $100,000 in grants.
Cardano founder Charles Hoskinson is optimistic about the future of crypto despite the setbacks, and anticipates a high rate of Cardano adoption in Africa...
