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Policy
Crypto Policy Didn't Occupy the Spotlight in Elections in Austria, Georgia
Elections in Georgia were more focused on whether or not the country should align further with the European Union or Russia.

Pennsylvania House of Representatives Passes Crypto Bill to Bring Regulatory Clarity: Report
The bill aims to provide regulatory clarity for digital assets, including self-custody rights, bitcoin payments, and transaction taxation.

SEC Sues Crypto Market Maker Cumberland DRW
The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer.

Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Blockchain Prepares New Memecoin 'Pepper'
Chiliz CEO Alexandre Dreyfus called out the disproportionate hype around NFTs in comparison to fan tokens in an interview with CoinDesk.

UK Introduces Bill to Clarify Crypto's Legal Status
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.

VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources
"We don't wish the burden of unnecessary subpoenas on anyone," a spokesperson for Uniswap told CoinDesk.

Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.

Binance Completes Registration With India's Financial Intelligence Unit Months After Being Fined
The registration was provisionally approved in May, subject to the crypto exchange paying a fine of about $2.2 million.

Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
