The Friday Focus: Issue 46

A summary of what happened in the crypto industry during the past week.

Weekly happenings in the crypto industry
(Aug 5th - Aug 12th)

A big crypto week is coming to an end. The UN advised banning banks from holding crypto and asked developing countries to limit crypto adoption. The Philippines Central Bank will halt applications for new crypto firms for three years, and Uzbekistan blocks crypto exchanges from operating in the country. Struggling under a mountain of sanctions, the government of Iran takes the opposite route, making their first $10M import payment with self-mined crypto.

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