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Latest from Sandali Handagama
Abu Dhabi's Financial Free Zone Proposes Legal Framework for Decentralized Economy
The proposals target projects built on distributed ledger technology and aim to provide clarity on governance structures and disclosures.

Prosecutors Seek 7-Year Prison Sentence for Reggie Fowler in Crypto Shadow Bank Case
The former professional football player pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex's millions.

Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin
The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.

Central Banks Successfully Test DLT in Linking Financial Settlement Systems
The experiment run by the Bank of England and the Bank for International Settlements shows it's possible to settle large synchronized transactions in central bank money, a report said.

FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report
The FTT exchange token is up 17% on the news.

UAE Securities Regulator to Start Accepting License Applications From Crypto Firms
The mandatory licensing regime applies to all companies seeking to provide services in the country, unless they are already licensed in financial free zones in the United Arab Emirates.

SEC Warned Bittrex of Legal Action Before Firm Announced U.S. Exit: WSJ
The crypto exchange is set to shut down its U.S. platform on April 30 after nine years in operation.

EToro to Offer Crypto Trading Directly to Twitter Users
Under the agreement the social investing firm will provide Twitter users with real-time prices for crypto, stocks and other assets while directing them to the eToro platform to invest.

FTX Free to Explore Sale of Europe Arm, Swiss Court Decides
The firm said FTX Europe AG, the holding company of its European business, filed a petition for a Swiss moratorium proceeding, which was granted on Tuesday.

SEC Is Adding Attorneys to Crypto Enforcement Unit
The hiring is a sign of the Securities and Exchange Commission's increased regulation of digital assets.
