House of Block Weekly Wrap
Issue - 61 Week ending 3rd May 2025
What caught our eye this week.
Britain is open for business — but closed to fraud, abuse, and instability.'
The UK Chancellor delivered the keynote speech at the Innovate Finance Global Summit 2025 on 29 April. In summary, the UK Moves to regulate crypto, eyes closer US ties amid industry scrutiny. This move comes as the government aims to position the UK as a leading hub for digital assets. Thisismoney.co.uk.
Image: Blockhead
FCA Asks for Public Feedback on UK Crypto Legislation. The UK's Financial Conduct Authority (FCA) is seeking views around crypto assets as part of steps towards more legislation.decrypt.co
Visa launches stablecoin payments in Latin America in major advance for crypto. Visa has unveiled its plans for two of the next big things in payments: agentic commerce and stablecoins. Fortune
Why Ripple’s $5 Billion Offer To Circle Was More Than A Power Play. Forbes
Sam Altmans Eye- Scanning Orb is coming to the US. The Orbs will be accessible through six new World Spaces stores, modeled after Apple stores and opening this week. The stores will be based in six U.S. cities, including Los Angeles, Atlanta, Austin, Miami, Nashville, and San Francisco. Wired
Apple partnering with startup Anthropic on AI-powered coding platform, Bloomberg News reports. Reuters
US Treasury wants to cut off Huione over ties to crypto crime. The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system. FXStreet
Crypto industry descends on Dubai as Trump euphoria recedes. Crypto enthusiasts descended on Dubai on Wednesday, gathering under the Gulf's scorching sun and hoping the industry's buoyant mood can keep going despite signs the euphoria around Donald Trump's crypto stance is ebbing. Reuters
Trump family crypto venture tapped as part of $2B Emirati-backed investment deal. abcnews.
EU to ban anonymous crypto accounts and privacy coins by 2027. Europe will ban anonymous crypto accounts and privacy coins starting in 2027 under sweeping new AML regulations targeting service providers and token anonymity. cointelegraph
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