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Regulations
Singapore's MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
The MAS has also restricted crypto service providers from facilitating lending and staking of tokens by their retail customers.

South Korea Passes Crypto Bill for User Protection
The bill marks the country's first step towards a digital asset legal framework.

Court Orders Kraken to Turn Over History Transaction and Account Information to IRS
The IRS first filed a court petition in February.

Coinbase Will Be Surveillance Partner for Fidelity, Other Bitcoin ETFs, Refiled Applications Say
The SEC told Cboe it needed to name its partner earlier Friday.

Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks
The sell-off precedes creditor distributions that will only be made in the two most popular cryptocurrencies.

The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance
Its SEC-praising co-CEO insists he’s pro-crypto and just needs a little time to prove his company can trade digital assets, even if the token issuers would rather it didn’t.

New Zealand Is Not Exploring Crypto Regulation, but Recommends Increased Vigilance
"Issues raised by crypto-assets and other innovations do not fall neatly within agency boundaries," said Ian Woolford, Director of Money and Cash, Reserve Bank of New Zealand.

SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response
The date for the court hearing is much earlier than expected, prompted by a "creative" defense tactic by Coinbase – it filed its response 40 days before the deadline of August 7, 2023.

Prime Trust Is Having a Bad Month
The crypto custodian has been ordered to halt operations while its regulator looks to take it over.

UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
