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The Biden administration pushes for segregation of client assets and corporate funds on crypto exchanges
The Joe Biden administration will make all efforts to resolve the issue of separating users’ assets and corporate funds on cryptocurrency exchanges. Its representatives are ready to pressure Congress to achieve this goal. SEC chairman reminds investors of cryptocurrency risks
With TerraUSD and LUNA falling, US Securities and Exchange Commission (SEC) chairman Gary Gensler again addressed investors with a stronger message regarding digital currencies. He continues to categorize crypto assets as speculative and reminds of the lack of protection for holders. South Korea: new president faces resistance to crypto-friendly reforms
Yoon Suk-yeol, who won the March presidential election, has encountered difficulties in realizing his campaign promises. In particular, he announced the implementation of crypto-friendly reforms and the raising of the tax threshold for income from investments in digital currencies. However, within the framework of the current legislation, it is impossible to implement the plan. 
Wikipedia Ditches Crypto Donations
According to a post published on May 1, the non-profit organization Wikimedia Foundation (WMF), which oversees the operation of Wikipedia and other pertinent projects, decided to follow “a formal request from the community that the WMF no longer accept such donations, a request that came from three months of discussion among members of the community.” 
No, Cryptocurrency is Not Anonymous: It is Pseudonymous
On Wednesday, the U.S. Secret Service (USSS) announced that it has seized more than $102 million in crypto across 254 cases since 2015.
In an interview with CNBC, David Smith, USSS assistant director of investigations, said that blockchain’s properties like transparency and immutability helped the authorities do so. 
Madonna’s charity NFT collaboration with Beeple
Madonna, who recently entered the crypto universe by becoming an owner of a BAYC NFT piece, continues to conquer the new digital realm. The pop queen teamed up with artist Beeple, whose real name is Mike Winkelmann, and created an exclusive three piece NFT video collection. 
A billion crypto users in the next few decades
The Coinbase Co-Founder and Chief Executive Officer Brian Armstrong predicts a substantial increase in cryptocurrency users within the next few decades. The 5 times increase which could potentially reach one billion users could happen in the next 10-20 years. 
UK raises budget by £24m to compensate crypto risks
The British budget for the current year increased by £24.3 million and amounted to £320.9 million. The increase was initiated by the UK Prudential Regulatory Authority (PRA). Additional assets should compensate for the risks associated with digital currencies.