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Are Web3 Developers Fleeing the US?
The US is on track to lose a whopping 1 million Web3 developer jobs and millions of related non-technical jobs over the next seven years, all thanks to its love affair with "regulation by enforcement." A recent report from Electric Capital reveals the US's global share of web3 developers has plummeted from 40% to 29% in the past six years. IMF and G20 to introduce global crypto regulation
At the end of February, the International Monetary Fund and G20 member countries made strong statements about the future of the cryptocurrency market. While claiming to expand the dialogue, these international institutions essentially declared war on the crypto industry and immediately began discussing terms of surrender. 
The Bank of England insists on strict crypto regulations
In its latest report, published on July 5, the Bank of England notes the deterioration of global economic conditions and the cloudy prospects for its own economy. Focusing on the extreme volatility of the cryptocurrency market, the BoE insists on stricter regulation of digital assets. 
The Group of Seven (G-7) nations have agreed to push for tighter cryptocurrency regulations in response to concerns over illicit activities such as money laundering and terrorist financing.
They plan to develop a comprehensive regulatory framework to increase transparency and accountability in the digital asset market while maintaining a balance between regulation and innovation.
The success of this initiative relies on the G-7's ability to create a secure environment for the cryptocurrency market without hindering its growth and innovation potential. 
The company has started the process of obtaining state licenses for regulation and development of software for the integration of embedded payments.
Earlier, Elon Musk said that Twitter should be transformed into an "everything app" with messaging, payments, and commercial functions. According to these plans, the company registered with the US Treasury as a payment processor in November 2022.
Per Musk's wishes, the payment system is initially designed for fiat. While its structure will provide for future cryptocurrency features.
Mask's favorite, Dogecoin, reacts violently to the news. Investors, just in case, pumped the MASK token (why would anyone invest in bitcoin, after all). 
What changes are waiting for the British crypto industry after March 31?
The coming weeks will be decisive for the British crypto industry. The UK government plans to present to the public a strategy for regulating the crypto market. According to industry sources who wish to remain anonymous, special attention will be paid to the legal regulation of the sector and stablecoins.