#crypto
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Solana’s co-founder urges the Congress to regulate crypto
Anatoly Yakovenko points out that many aspiring entrepreneurs wish to build blockchain companies but struggle with compliance due to the lack of clear regulatory guidelines, unlike traditional startups that can incorporate easily and affordably. 
Hong Kong police have arrested Joseph Lam, a crypto influencer and former lawyer, in connection with the ongoing investigation into cryptocurrency exchange JPEX. Lam, who has over 190,000 Instagram followers, was arrested today and his office was raided. The arrest follows the Securities and Futures Commission's warning against JPEX for misleading statements about its licensing status. The police have received at least 83 complaints involving JPEX, with virtual assets worth about HK$34 million ($4.3 million) reported. 
Arthur Hayes: A Figure of Inspiration and Debate
Arthur Hayes stands as a prominent name in the cryptocurrency realm, recognized as one of the youngest African-American billionaires in history. He co-founded BitMEX, which, incidentally, led him into legal controversies. This exchange pioneered the trading of crypto derivatives, introducing the now-widely adopted perpetual contracts. 
