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Latest from Sandali Handagama
Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.
Binance.US, SEC Ordered to Start Negotiations Wednesday Amid Asset Freeze Tussle
A U.S. federal judge on Tuesday rebuffed SEC's request to order a freeze on Binance.US' assets – provided the parties could agree on limits.
Australia's Crypto Industry Body Denounces Recent Banking Restrictions
Blockchain Australia said it wants to tackle the issue "head-on by using real data," following reports that banks in the country were blocking payments to crypto exchanges.
Crypto Lender Genesis Amends Reorganization Plan as Mediated Talks Continue
The updated plan from mediated discussions with parent company DCG reflects “substantial agreement” on several key issues.
Hinman Emails Reveal 2018 Speech on Ether Drew Input From Multiple SEC Officials
A number of SEC officials deliberated about how clear the famous speech actually was about ETH’s status.
UK Has No Plans for 'Crypto Tsar' Proposed by Some Lawmakers, Minister Says
Economic Secretary to the Treasury Andrew Griffith reiterated the government's position that crypto should not be treated like gambling at a Tuesday debate.
FCA Right to Propose Stop to Marketing Crypto as ‘Inflation Resistant,’ UK Industry Members Say
A long-running industry narrative is that limited-supply cryptocurrencies like bitcoin can hold their value against inflation – similar to gold or bonds.
Binance Nigeria Ordered to Halt 'Illegal' Operations by Securities Watchdog
A spokesperson for Binance, which faces U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm.
Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says
Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long.
EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says
The move could mean assets such as bitcoin (BTC) and ether (ETH) are given the maximum possible risk weight as part of a lengthy set of banking laws, which could be agreed as soon as next week.
