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Latest from Sandali Handagama
French Fintech Lydia Taps Bitpanda to Let 5.5M Users Trade Crypto
Users of French payments app Lydia will now be able to trade over 170 crypto assets.

Nigerian Payments App Reportedly Suspending Operations Due to Government Crackdown on Crypto
Payments platform KurePay plans to suspend services to Nigerian users starting in 2022.

Indian Government Submits Bill to Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure
While the bill might be the same as the draft submitted in January, expectations had grown that the government would submit a final version that would be accommodative to crypto.

Crypto Heavyweight Moshe Hogeg Reportedly Arrested in Israel
The extensive list of allegations against Hogeg include misleading investors, theft, money laundering and sexual assault

Israel’s New AML Rules May Help Banks Onboard Crypto Clients
Regulators still need to issue guidance for banks on how to deal with crypto-related transactions

European Commission Urges Members to Agree on Crypto Regulations
The commission is hoping to finalize its proposed regulatory sandbox for financial products based on distributed ledger technology by the end of the year.

The Crypto Industry Isn’t Too Thrilled About Biden’s Big Policy Moves
Crypto lobbyists now face two problematic tax provisions and some debatable recommendations on stablecoin regulation.

Basel Committee to Review Proposed Capital Requirements for Banks With Crypto Assets
The banking regulator plans to issue a new consultative document in 2022.

US Stablecoin Report Gets Mixed Reviews From Crypto Industry
Issuers’ reactions ranged from effusive to diplomatic, but lobbyists pushed back against stablecoin recommendations by the President’s Working Group on Financial Markets.

US Lawmakers Call for Bitcoin Spot ETF in Letter to SEC Chair Gensler
Congressmen Tom Emmer and Darren Soto questioned why the SEC is uncomfortable with a spot bitcoin ETF when it already allows the trading of bitcoin futures ETFs.
