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Regulation
BitMEX Joins Binance, Bybit in Removing Korean Language Ahead of Regulatory Deadline
South Korean regulators have asked exchanges to register by Friday.

SEC’s Gensler Calls Stablecoins ‘Poker Chips’ at the Wild West Crypto Casino
The SEC chair also compared the crypto boom to the Wildcat banking era of the 19th century, saying that “history tells us that private forms of money don’t last long.”

Messari’s Selkis on Senate Bid: ‘No Comment’
After making waves on Crypto Twitter on Monday with an announced candidacy, the founder of crypto data firm Messari has been mum on details.

Nexo Co-Founder Details Crypto Lender’s Plan to Stay Out of Regulators’ Crosshairs
Nexo wants to avoid the fate of BlockFi and Celsius, which are under investigation by U.S. state regulators.

Crypto Markets Need More Scrutiny From SEC, Investor Groups Say
The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.

Nearly 70 South Korean Crypto Exchanges May Have to Suspend Service: Report
The deadline to register with South Korea’s Financial Intelligence Unit is Sept. 24, but only four exchanges have registered so far.

Bankman-Fried Says Stricter Regulation of Crypto Exchanges Would Be Positive
FTX’s CEO said a ban on stablecoins would be “sad.”

Stablecoin Feature in New York Times Signals Regulation Is Coming
Designating them as “systemically risky” and thus eligible for oversight is one option available, the article said.

Market Wrap: Bitcoin Traders Take Profits Amid Regulatory Crackdowns
Derivative markets are displaying signs of uncertainty, and concerns about regulation are rising.
