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Latest from Sandali Handagama
Hong Kong Monetary Authority to Prepare for Retail CBDC
The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD, according to a Friday report.
U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
Two senate democrats, including Sen. Elizabeth Warren, allege in a letter that the platform may have lied about Binance.US being an independent entity.
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling.
Stablecoin Regulation Is a Sticking Point Between the G7 and G20
Emerging economies in the G20 are concerned widespread stablecoin use may threaten their monetary policy, and are seeking stricter measures, two high-level officials privy to discussions at the forums told CoinDesk.
UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions.
U.S. SEC Enforcement Could Boost Europe's Crypto Chances, Officials Say
EU officials are hoping to tempt crypto innovators as exchange platforms Binance and Coinbase complain of regulation by enforcement in the U.S.
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.
U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules
Congressmen Brad Sherman and Stephen Lynch called the industry "a major source of tax evasion" in a letter asking for the prompt release of proposed regulations on reporting requirements.
Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition
A market study looking into anti-competitive practices against Web3 projects may be the first of its kind, an expert tied to the project told CoinDesk.
Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege
The crypto exchange is facing scrutiny from a task force of 10 U.S. state securities regulators including in Alabama and California after getting sued by the SEC on the same day.
