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Latest from Jamie Crawley
Banks in South Korea Instructed to Treat Crypto Exchanges as High-Risk Clients
Banks will have to deny services to clients that do not comply with ID verification requirements or fail to report suspicious activity to the FSC's anti-money laundering unit.

Tanzania's President Urges Central Bank to Prepare for Crypto
The president's speech follows El Salvador's adoption of bitcoin as legal tender.

BlockFi Retail Account Balance Increased Fivefold in Past Year, CEO Says
Zac Prince said the average balance of a retail client has climbed from $10,000 to $50,000 in the last year.

South Africa's Financial Watchdog to Bring Crypto Exchanges Into Regulatory Oversight
The Financial Sector Conduct Authority said it will start to regulate the crypto industry "in a phased and structured approach."

Alan Howard Adds to Crypto Spending With Investment in Two Startups
The latest investment comes a day after Howard announced a $4 million investment in Asian crypto trading app Kikitrade.

Jack Dorsey Suggests Twitter Likely to Integrate Lightning Network
In a tweet, the Twitter founder hinted the micromessaging system will integrate Bitcoin layer 2 payments Lightning Network.

Hut 8 Mining's Shares to Be Listed on Nasdaq
Hut 8 will also retain its listing on the Toronto Stock Exchange.

Stablecoins, CBDCs Don't Present Inherent Risk to Financial Stability: Bank of England Executive Says
Christina Segal-Knowles played down concerns that the traditional banking model would be undermined.

Basel Committee Proposes Banks Set Aside Capital to Cover Bitcoin Exposure
The committee proposed splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not.

Coinbase to Manage Crypto Investments of 401(k) Provider ForUsAll
Workers in plans administered by ForUsAll will have the option to invest up to 5% of their contributions in crypto
