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Grayscale submits IPO documentation, Hungary imposes crypto trading penalties, R-Games partners with LoveBit, and other Web3 news

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  • R-Games has partnered with LoveBit to integrate a token economy into its racing game, allowing players to earn LoveBit tokens through gameplay while contributing to eco and social causes. (📰BlockchainReporter)
  • Zypher Network has partnered with HeLa Labs to develop a scalable environment for tokenized AI agents, enhancing multi-chain expansion and privacy in decentralized technology. (📰BlockchainReporter)
  • Grayscale has confidentially submitted documentation for a potential US IPO, coinciding with the US regulators’ discussions on three major crypto bills, while the company manages over USD 33 billion in assets and operates several crypto exchange-traded funds. (📰The Paypers)
  • Hungary’s new cryptocurrency law, effective July 1, 2025, imposes criminal penalties for unauthorized crypto trading, leading to the suspension of digital asset services by firms like Revolut, amidst concerns over the law’s ambiguous wording. (📰The Paypers)
  • Fellaz has launched its Web3 Entertainment Protocol Suite, backed by Innocus Global, aimed at empowering fans and creators through blockchain technology to own, monetize, and govern entertainment content directly. (📰AInvest)
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