Links:

• Major UK hedge fund Brevan Howard launches crypto division
• CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
• CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Bitcoin is up slightly at $56,848
Ethereum is up .5% at $2924
and Binance Coin is up 1% at $618.09

Nano up 28%
Hex up 17%
Helium up 15%

Andreesen Horowitz is setting up a new fund to invest up to $1B in crypto and crypto startups.

The Bank of England has begun hiring for the central bank digital currency team.

Paxos raises $300M, becomes latest Crypto unicorn.

Miners generated $1.7B in revenue in April.

Ethiopian education minister confirms partnership with Cardano.

Bitcoin is up .5% at $49,498
Ethereum is down slightly at $2213
and Binance Coin is down slightly at 496.33

Ethos up 24%
Dogecoin up 21%
Celo up 17%

The NYSE has filed to list shares of Valkyrie’s Bitcoin ETF.

Paxos has become the third federally regulated crypto bank.

The tax collection department in Seoul cracks down on tax evaders

A UK court rules that Craig Wright can serve bitcoin.org over the publication of the Bitcoin white paper.

Links:

• NYSE Files to List Shares of Valkyrie's Bitcoin ETF - CoinDesk
• OCC Conditionally Approves Chartering of Paxos National Trust | OCC
• City of Seoul seizes cryptocurrencies from tax delinquents | Yonhap News Agency
• London court allows Australia's Wright to serve bitcoin copyright claim | Reuters

Bitcoin is down 2% at $18,150
Ethereum is down 3% at $554
and XRP is up 1% at 56 cents

Top gainers in the last 24 hours:
Cover Protocol up 47%

France has set stricter crypto regulation

Paxos has filed an application with top regulators to become a national bank

BitPay also filed to become a federally regulated bank

MicroStrategy is offering $550m in convertible notes with the net proceeds to procure more Bitcoin.

JP Morgan says that the rise of Bitcoin’s popularity with institutional investors will cause gold prices to suffer

Links:

• Why Paxos is Seeking a National Trust Bank Charter -- and Why We Remain Committed to New York | Paxos
• France imposes tougher KYC requirements for crypto, including peer-to-peer transactions - The Block
• Ad #662132 | Public Notices | AJC Classifieds
• MicroStrategy Announces Pricing of Offering of Convertible Senior Notes
• JPMorgan Says Gold Will Suffer for Years Because of Bitcoin - BNN Bloomberg

Whale Alert Has Data on Satoshi

PayPal Chooses Paxos to Bring Crypto to PayPal Users

UK Regulators Want Control of Crypto Advertising

Links:

• UK Treasury Wants to Bring Crypto Ads Under Direct Gov’t Oversight
• PayPal Picks Paxos to Supply Crypto for New Service, Sources Say - CoinDesk
• Whale Alert Identifies 1.125 Million BTC as Satoshi's Stash - CoinDesk

OKEx Launched Futures Contracts

SEC Grants Paxos No Action Relief

Binance Report: Proof of Stake Big

Links:

• OKEx Launches Crypto Futures Settled in Tether Stablecoin - CoinDesk
• Paxos Wins SEC 'No-Action' Letter to Settle Equities on a Blockchain - CoinDesk
• Binance Research: Ethereum’s Switch to Staking Will Transform Industry