These are the 5 most important crypto news of the last week

Another exciting week in crypto space is coming to an end. The most important events around BTC and Co. at a glance.

Crypto-Europe writes open letter to EU decision-makers

Regulatory efforts by the EU Parliament sent shockwaves through crypto-Europe. An initiative is now addressing European decision-makers from politics with an open letter.

More precisely, it is about the EU regulation drafts Markets in Crypto Assets (MiCA) and the Transfer of Funds Regulation (TFR), which had heavily criticized the crypto scene.

ETH developer to serve jail sentence

Former ETH developer Virgil Griffith has been sentenced to five years in prison and a $100,000 fine, followed by three years of supervised release.

The crypto expert is said to have traveled to the North Korean capital in 2019 to give a lecture on blockchain technology. Among other things, the possibilities for money laundering are said to have been an issue.

ETH move to Proof of Stake postponed

Originally, The Merge – the merger of the current ETH Blockchain with the Proof-of-Stake-based Beacon Chain – was roughly planned for June.

The ETH developers will probably not be able to meet the announced period. Nevertheless, we are on the home stretch.

Star investor Cathie Wood is dropping PayPal

For a long time, the Silicon Valley veteran was part of her investment fund PayPalthe one with the payment app Venmo tries to pick up the younger clientele in particular.

Now Ark Invest has divested itself of all shares in the payment service provider. The reason: competitor cash app have significantly more potential. Does the star investor have a new BTC favorite?

CME unlocks more crypto reference courses

Since 2017 the Chicago Mercantile Exchange (CME) offers derivatives using so-called futures for the key cryptocurrency BTC (BTC). Last year, the exchange expanded its product portfolio in the crypto space, adding ether futures.

The futures exchange is now planning to offer new reference courses for other altcoins. The Chicago-based exchange is thus further expanding its product portfolio in the field of cryptocurrencies