#etc

In a move that feels like it’s straight out of a crypto-thriller, the UK government proposed a new legislation aimed at clarifying the legal status of digital assets such as cryptocurrencies, NFTs, and others. Known as the Property (Digital Assets etc.) Bill, this marks a significant milestone in providing legal recognition for all digital assets, classifying them as personal property.

“I've always been deeply opposed to bitcoin, crypto, etc.,” JPMorgan Chase CEO Jamie Dimon told senators in a hearing examining the U.S. banking industry. He even expressed a desire to ban cryptocurrencies if he had the authority.

He lists his demands: “All documents and information related to company / protocol formation, structure, operation, revenues, profits, expenses, assets, liabilities, investors, salaries, etc.” “Temporary full authority and ownership over the governance mechanism (KyberDAO).” “Surrender of all Kyber (the company) assets. This is both On-chain and Off-chain assets.”