WAO ART #422

Telegram's Toncoin (TON) has surpassed Cardano (ADA) to become the ninth-largest crypto token by market cap. The integration of TON payments into Telegram and the upcoming launch of the Telegram-based game Notcoin have contributed to TON's bullish momentum.

Next Block Expo, the Blockchain Festival of Europe, will return to Warsaw, Poland on May 15-16, 2024. The event aims to showcase Poland's potential as the next big crypto hub in Europe. Over 2,000 industry enthusiasts, 140+ speakers, and 30+ web3 brands and projects will participate in the event.

Two Chinese fund managers have applied to launch bitcoin ETFs in Hong Kong. Hong Kong aims to become a regional center for virtual assets through regulated platforms. The city's Securities and Futures Commission has allowed ETFs linked to crypto futures contracts.

Cardano's founding member EMURGO has partnered with Huawei Cloud to advance Web3 solutions in Asia and Africa. The collaboration aims to promote ADA-based web3 offerings and enhance the adoption of Cardano's blockchain technology.

Brazil is changing its approach to taxing cryptocurrencies. Cryptocurrencies will be treated similarly to stocks and securities. A 15% profit tax on cryptocurrency earnings is proposed. The current tax system is based on the volume of trade.

52.6% of Americans are warming up to central bank digital currencies (CBDCs). The survey by the Federal Reserve Bank of Philadelphia aimed to gather views from diverse Americans. Design features like no fees and widespread acceptance were most important to respondents.

Australian Securities and Investment Commission (ASIC) is appealing a federal court ruling that favored crypto service provider Finder Wallet. ASIC claims that Finder Wallet's product, Finder Earn, was offered without the necessary license or authorization.