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Regulation
Thai SEC Backtracks on Unpopular Proposal for New Crypto Investor Qualifications
Thailand's SEC now says it didn't mean it when it proposed a $33,000 minimum annual income for new crypto traders.

Bitcoin Risks 'Spiraling Price' on Environment, Regulatory Concerns: BCA Research
ESG funds will seek to avoid bitcoin investment, the research firm noted.

Inner Mongolia to Shut Down Crypto Mining Industry: Report
The autonomous region has been under pressure to curb its energy consumption.

3 US Regulators Probing Robinhood's Actions Amid GameStop Trading Craze
FINRA, the SEC and the New York Attorney General’s Office are all making enquiries into the trading app provider.

UK Must Act Quickly to Ensure Fintech Lead, Encourage Crypto: Treasury Report Urges
The U.K. Treasury report highlights the need to launch a new regime for the regulation and administration of crypto assets.

US Lawmakers to Examine Crypto's Role in Domestic Terrorism Funding
Witnesses will likely suggest giving FinCEN better tools to watch for illicit financing methods.

Ex-London Stock Exchange Chief Says UK Should Embrace Crypto Post-Brexit
"It is a good example of a policy area where independence allows us to be more agile," said Xavier Rolet and others in a blog post.

India’s Central Bank Chief Airs ‘Major Concerns’ About Crypto Risks
Reserve Bank of India Governor Shaktikanta Das said he expects the government to "take a call" on cryptocurrencies.

ECB Wants to Be Able to Veto Stablecoins Like Diem in the EU
The ECB believes it should have the final say ahead of any proposed stablecoin launches.

'India's Warren Buffett,' Rakesh Jhunjhunwala, Backs Bitcoin Ban
Jhunjhunwala told CNBC he "will never buy bitcoin" and that Indian regulators should step in and ban cryptocurrencies.
