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Regulation
Digital Chamber Asks Court to Draw Line Between Investment Contracts and Assets in Telegram Case
The Chamber of Digital Commerce, a blockchain advocacy group, wants a U.S. court to distinguish between an investment contract and the underlying asset used by Telegram during a 2018 initial coin offering.

Switzerland Softens Tone on Libra After Ex-President Says Project 'Failed'
Switzerland's now-departed president said the project had "failed" in its current form.

India's Central Bank Explains in Court Filing Why It Blocked Banks From Using Cryptos
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.

South Korea Considers 20% Crypto Income Tax
Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal.

Coinbase-Led Crypto Ratings Council Plans Transparency Boost as New Members Join
The Crypto Ratings Council, formed by Coinbase, Kraken and other exchanges last year, has added eToro and Radar as members. It's also planning to unveil its asset rating framework this year.

Regulated Derivatives Will 'Legitimize' Crypto, Says CFTC Chair
Regulated derivatives will instill market confidence in cryptocurrencies, according to Heath Tarbert.

Japan's Financial Watchdog to Set Low Leverage Cap for Crypto Margin Traders: Report
Japan's top financial regulator reportedly plans to reduce the risk to crypto margin traders by cutting the maximum allowed leverage.

ANALYSIS: The Global Game of Coins Heats Up
A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee.

SEC Seeks $16M From ICOBox for Unregistered Token Sale
The SEC has asked a federal court in California to fine ICOBox more than $16 million for selling illegal ICOS tokens.

US Lawmakers Call on Communications Regulator to Tackle SIM-Swapping Crime
Democrat lawmakers are demanding that the FCC takes action to tackle the rise in SIM swapping attacks.
