Web3 Morning News: Holešky testnet to cease service, Bank of China (Hong Kong) to apply for Hong Kong stablecoin license, BRC20 protocol upgrade completed

Web3 Morning News is an official Web3Caff newsletter focused on the Web3.0 sector. It features a selection of important news, official updates, and excellent articles from the past 24 hours. It aims to help Web3.0 enthusiasts and builders quickly understand the latest industry trends. For more comprehensive and timely updates on the latest industry trends and exciting articles, please also follow us on Twitter.

Cover: Ethereum

• The Ethereum Foundation announced that the Holešky testnet will soon be shut down .

• Bank of China (Hong Kong) plans to apply for a Hong Kong stablecoin license

• BRC20 protocol upgrade completed

• South Korea to share crypto transaction information with tax authorities worldwide

• El Salvador to Host First Government-Led Bitcoin Conference

• Nobel Prize winner in Economics: Insufficient regulation of stablecoins may force governments to bail out

• Polyhedra completes the Expander framework optimization

• BasedApp to stop offering Visa cards in Singapore

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