Evolving Crypto Landscape: ZKsync Consolidates Focus Amidst Regulatory Scrutiny on Kiosks
Evolving Crypto Landscape: ZKsync Consolidates Focus Amidst Regulatory Scrutiny on Kiosks
Published on
The ZKsync project announced the deprecation of its ZKsync Lite network on May 4, signaling a consolidated focus on ZKsync Era and ZK Stack. Simultaneously, in the U.S., Minnesota lawmakers are deliberating a bill to ban crypto kiosks following testimonies detailing significant elder fraud cases and suspicious overseas transfers.
ZKsync said it will deprecate ZKsync Lite on May 4, freezing the network and shifting focus to Era and ZK Stack.
Minnesota lawmakers considered bill to ban crypto kiosks after testimony detailed $80,000 elder fraud case and overseas transfers.