Latest News in Crypto - May 5th Support our Daily #CryptoNews Post: Follow, like, mirror, collect for free 🙏

💰 FTX seeks to recover $4B from Genesis: Bankrupt FTX seeks to recover nearly $4B from bankrupt Genesis. Liquidators aim to recover these funds to distribute them fairly among FTX's clients and creditors.

💹 Fed raises rates by 25 points: The Fed's FOMC raised the federal funds rate by 25 basis points, bringing the target range to 5%-5.25%. Investors expect signals of Fed's reversal and a more lenient monetary policy in the coming months.

💻 Crypto.com launches "Amy": an AI assistant based on ChatGPT to help clients learn market data such as token prices, projects, and past events. The project aims to compete with Binance's Sensei, a similar ChatGPT-based project launched a few days earlier.

🇬🇧 UK government consults crypto industry actors: A16z advocates for DeFi-adapted regulatory frameworks, Polygon Labs opposes crypto classification as "specific investments," Circle focuses on stablecoin regulation, while Binance supports crypto inclusion in the specific investments list.

💱 Deskoin unveils new version: Deskoin introduces its new crypto exchange platform, featuring new functions such as recurring purchase, personalized and multiple DCA, access to buy over 25 cryptos without hidden fees, and an intuitive interface to monitor investments in real-time.

🌟French Senate proposes changes to influencer marketing law: The Senate suggests allowing influencers to promote registered crypto companies. The amendment requires companies to be registered as PSAN or have a license to issue an ICO. ADAN supports this flexible position.