During the Bitcoin Amsterdam 2023 event, Madeira's President, Miguel Albuquerque, unveiled ambitious plans for a Bitcoin business hub, reflecting the region's focus on tech-led innovation. Meanwhile, Tether, the leading stablecoin issuer, signaled its broader tech ambitions by appointing Paolo Ardoino, its CTO, as its new CEO. On the regulatory front, the G20's endorsement of the "IMF-FSB Synthesis Paper" sets the stage for comprehensive crypto oversight, marking a pivotal moment for the industry. Amidst these changes, Terraform Labs and Citadel Securities find themselves in a legal tussle, underlining the complexities and challenges the burgeoning crypto space continues to face.
