Regulation
Bitcoin Soars, Then Retreats: What’s Behind This Week’s Roller Coaster? What’s Ahead?
Its Thursday retreat notwithstanding, bitcoin has surged about 13% over the past seven days. The spike reflects investor optimism, although macroeconomic concerns remain.

Binance Considers Severing US Ties in Face of Crypto Crackdown: Bloomberg
The crypto exchange has been investigated by a host of U.S. regulators and government agencies.

No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
A tweet suggesting the city will make crypto fully legal for all citizens is a misreading of the legislation.

Bernstein: SEC Tightening of Crypto Regulations Is Not an Existential Threat
Some in the industry had expressed concern that crypto was actively being removed from the banking system with an attack on stablecoins and custody rules, the report said.

Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?
The Financial Conduct Authority has largely been silent while its U.S. counterparts have been busy cracking down on crypto – but it has a list of 51 unregistered firms to act on.

Crypto Industry Body GBBC Digital Finance Joins Securities Regulator Group IOSCO as Affiliate Member
GBBC Digital Finance's goal is to engage regulators to inform how policy will be developed by the world's major regulatory bodies.

Is the SEC Really the Bad Guy?
It’s easy to say the SEC is going after the wrong targets in its crypto crackdown. But it’s all a consequence of real failures by the industry.

Crypto CEOs Need to Accept That Existing Regulations Also Apply to Them
Coinbase’s CEO thinks the rules that apply to other financial services don’t apply to his multi-billion-dollar financial services company. His ignorance – either intentional or literal – is concerning.
