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Latest from Sandali Handagama
Indonesia's New Crypto Exchange Opens After Long Delays
The long-awaited national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.
FTX Leadership Seeks Return of Over $1B in Cash, Stocks From Former Executives
A lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island.
UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities
The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.
Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.
Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta
The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.
UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling
The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.
SEC’s Stuttering Litigation Strategy Draws Comment From France
French officials boast of crypto-ready laws that contrast with a stuttering enforcement campaign from the U.S. SEC – and are looking to the next generation of Web3 gaming rules.
Proposed Legal Reforms Aid UK Crypto Dreams – but Offer Scant Hope for Bitcoin Developers Sued by Craig Wright
A new Law Commission report doesn’t address legal concerns beyond token ownership, lawyers told CoinDesk.
Kuwait Cracks Down on Crypto, Banning Payments, Investment and Mining
The prohibitions are an effort to meet requirements set by the FATF on preventing money laundering via crypto, the Capital Markets Authority said.
UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The Financial Conduct Authority has turned down some of the largest crypto firms in the world in the last two years, its CEO Nikhil Rathi told lawmakers at a hearing.
