Regulation
UAE to Issue Crypto Licenses in Bid to Become Industry Hub: Report
The Middle Eastern country is gearing up to become a global crypto hub.

Terra, CEO Do Kwon Ordered to Comply With SEC Subpoena Related to Mirror Protocol Investigation
Terra and Kwon had sought a dismissal, arguing the U.S. Securities and Exchange Commission doesn't have jurisdiction over Kwon or his company.

Binance Halts Activities in Israel Following Regulator Intervention: Report
Certain services are suspended while the country's Capital Markets Authority reviews the exchange's licenses.

Bank of Russia Proceeds With Digital Ruble, Renews Push for Crypto Ban
Three Russian banks are piloting the CBDC, while the Bank of Russia is suggesting a new, harsher bill to ban cryptocurrencies in Russia.

US Rep. Josh Gottheimer Introduces Bill for Government-Backed Stablecoin Insurance
The bill would designate certain stablecoins as "qualified," making them redeemable on a one-to-one basis for U.S. dollars.

Russian Central Bank, Government No Closer to Crypto Compromise: Report
The government and central bank decided instead to formalize their disagreements.

Canada's Trudeau Enacts Emergencies Act, and Crypto Is Included
The move by the prime minister includes an expansion of money-laundering laws to include crowdfunding platforms and cryptocurrency transactions.

Why Investors Have Been Slow to Trust Security Tokens
Blockchain concepts such as digital wallets and smart contracts are not easily understood among traditional investors and regulators. That's where education comes in.

Israel's Securities Regulatory Chief Lays Out Crypto Plans
The securities regulator is hosting a blockchain hackathon next month as a first step towards establishing broader oversight in the country’s fintech space.
