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Latest from Sebastian Sinclair
Sri Lanka Government Forms Panel to Study Digital Banking, Blockchain for Attracting Investment
Anti-money laundering, terrorism financing and Know-Your-Customer processes will also fall under the committee’s study mandate.

Pro-Crypto Senator Lummis Discloses Bitcoin Purchase Worth Up to $100K
Lummis executed her latest purchase on Aug. 16 from the brokerage firm River Financial, according to a filing on Thursday.

One of Germany’s Oldest Banks Taps Fireblocks to Custody Customers’ Crypto
The bank will leverage Fireblocks’ custody technology in a bid to expand crypto services.

FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’
The international body said last year’s recommendations on global stablecoin regulation were still at an “early stage.”

Swiss FlowBank to Open Crypto ‘Gateways’ Following $11.8M Investment from CoinShares
The Nasdaq-listed digital asset manager said it was offering its expertise for the bank to start building atop its technology stack.

A16z Recommends US Regulate Crypto With Decentralization in Mind
The venture capital firm makes four proposals to Congress.

Binance Registers 3 More Firms in Ireland as Crypto Regulation Heats Up
The move follows mounting pressure on the exchange from regulators around the world.

Hong Kong Monetary Authority Releases CBDC White Paper to Study Prospect of e-HKD
The city’s de facto central bank said its publication is the “first among similar papers” published by central banks to detail transaction traceability while preserving privacy.

Blockstream’s Liquid Network Faces Delay in Processing as Transactions Begin to Stack Up
The network said funds are safe and unaffected.

Crypto Custodian Hex Trust Raises $10M in Latest Investment Round Led by Animoca Brands
The capital will go toward expansion efforts, security and market infrastructure of the Hex Safe custodial platform.
