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- Crypto Roundup: Hong Kong Cracks Down, Telegram KYC Up, Musk Denies Trump Advice, Terraform Settles SEC Case!
Crypto Roundup: Hong Kong Cracks Down, Telegram KYC Up, Musk Denies Trump Advice, Terraform Settles SEC Case!
Ritesh Chauhan
May 31, 2024
Our Canary brings a mix of news chirping from the crypto world today! Regulatory winds are shifting, with Hong Kong cracking down on unlicensed crypto exchanges. Closer control is also happening at Telegram, where their built-in wallet is tightening ID checks. In other news, Elon Musk is denying rumors he gave crypto advice to Donald Trump. Finally, Terraform Labs has settled a lawsuit with the SEC over alleged investor fraud.
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