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Latest from Sandali Handagama
Binance Sued in Italy Over Exchange Outages, Hearing This Week
A group of Italian and international investors brought a class-action lawsuit against Binance seeking damages for losses sustained during multiple exchange outages in 2021.

Near Protocol Forms Working Group to Promote DeFi Governance
The Near Digital Collective is a self-governance initiative aimed at further decentralizing the Near ecosystem’s decision-making by moving it to a blockchain.

Crypto Exchange Huobi Secures License to Operate in the British Virgin Islands
It's unclear when the trading platform will be established under Huobi's regulated local subsidiary Brtuomi Worldwide Limited.

GoDaddy Sued Over Sale of Ethereum Domain Name Service's Vital Eth.link Address
Company behind Web3 domain service Ethereum Name Service and Virgil Griffith allege that GoDaddy falsely announced the domain had expired, and then prematurely allowed it to be sold to a third party.

Israel's Markets Regulator Grants First Crypto License to Private Company: Report
Hybrid Bridge Holdings is the first company to receive a permanent license from the country's capital markets authority to engage in crypto-related business activities, Globes reported.

South Korea Is Gearing Up to Institutionalize Security Tokens
The country's financial regulators plan to publish guidelines for security token issuance and distribution towards the end of 2022.

Thailand Toughens Crypto Ad Rules
The rules now require crypto operators to display clear risk warnings on ads and prohibit the inclusion of false or exaggerated information about companies.

Thai SEC Fines Bitkub Executive $235K for Insider Trading
Last week, the country’s oldest commercial bank backed out of a deal to buy a majority stake of the local crypto exchange, citing unresolved regulatory issues.
