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Regulations
South Korea's Pension Fund Snaps Up Nearly $34M MicroStrategy Shares
NPS also holds over $45 million worth of Coinbase shares.

What's Next in SEC v. Ripple?
While the SEC case against Ripple was decided solidly in Ripple’s favor, the takeaways for the rest of the industry are limited.

U.S. Crypto Bill Can Happen This Year, Senate's Schumer Tells Crypto Backers of Harris
At the opening Crypto4Harris event, industry supporters of the Democratic presidential candidate suggested Harris will lead a crypto surge, though she hasn't yet shared her view.

Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report
The son of former President Trump tweeted earlier this month that he had “truly fallen in love with Crypto/DeFi.”

Thailand's PM Removed, But Crypto Policies Likely to Remain 'Largely' Unaffected in Political Uncertainty
The launch of a Digital Wallet Policy to stimulate the economy earlier this month "may face delays or revisions or even cancelation due to the recent developments," one expert said.

WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets
The Indian crypto exchange is facing heat from customers for the inability to withdraw their funds and an alleged lack of transparency after a $230 million exploit.

Australia's Securities Regulator Sues ASX for Misleading Statements About Blockchain Project
ASIC sued on Tuesday and has not yet determined what penalty it will be seeking, but the Australian Financial Review (AFR) reported that ASX faces a maximum penalty of more than A$500 million.

Crypto Industry Committing $12M to Dethrone Sen. Brown in Ohio, PAC Says
The Fairshake super PAC and its affiliates are reserving broadcast time in Ohio, Arizona and Michigan for their Senate races in the November general election.

Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg
Earlier, in June 2023, the liquidators sought $1.3 billion from the founders of 3AC, Su Zhu and Kyle Davies.

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme
The SEC alleges that the scheme raised money from over 200,000 investors worldwide, many of them Haitian-Americans, following a similar suit filed in June by the New York Attorney General.
