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Regulations
Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
The Wyoming-based bank filed suit against the Federal Reserve in June, arguing that the Fed’s refusal to make a decision is unlawful and discriminatory against crypto institutions.

Estonia Grants First Crypto License to LastBit's Striga
The crypto banking company is first to jump over new anti-money laundering hurdles which significantly toughen Estonia's legal regime.

S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report
Majority of the transfers were in U.S. dollars and most of the funds were transfered to Hong Kong, according to the report.

Binance Hires Big-Name Former Government Officials to Set Up Advisory Board
The exchange adds ex-French Treasury head Bruno Bézard, Barack Obama’s former political guru David Plouffe and several others to global group of advisers

EU Project to Fight Fakes Succeeds by Being Open, Founder Says
A publicly backed blockchain project to stop counterfeit goods from entering the European Union is trying to avoid mistakes of the past, its founder told CoinDesk.

US Stablecoin Bill Negotiations Wrestled Over Digital Dollar Approval: Source
The House’s stablecoin oversight legislation is poised for release, but won’t include a controversial CBDC request – just a new study.

Digital Dollar Likely Won't Be Part of Retail Banking World, US Lawmaker Says
White House reports on central bank digital currencies "point the way" but Congress still has to pass legislation on these issues, Congressman Jim Himes told CoinDesk.

Iran to Start Testing a Digital Rial This Week
The country's central bank published a draft document outlining goals and opportunities for a digital currency in August.

Crypto Needs ‘Global Regulatory Framework,' IMF Says
The longer it takes international regulators to form a game plan for regulating crypto, the more likely it is that regulation will be locked in at a fragmented, national level, warned the IMF on Tuesday.

Binance Secures License in Dubai to Offer More Crypto Services
The exchange had previously secured a license to offer limited crypto exchange products and services to qualified investors in Dubai.
