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Regulations
EU's MiCA Crypto Law Text Ready Within 6 Weeks, Lead Lawmaker Says
A political deal struck in June left many still scratching their heads about whether licensing rules will apply to non-fungible tokens
New Global CBDC Platform Could Cut Payment Costs, IMF Says
The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.
Crypto Lender Celsius Files to Return Custody Clients' Funds
Celsius said these funds are not part of the bankruptcy estate, unlike funds from Earn and Borrow clients.
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
The nonprofit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and policy aspects of a digital dollar.
The SEC Is Getting Clearer About How It Plans to Regulate Crypto
We're reading between the lines of Grayscale's recent disclosures about SEC inquiries.
Sixteen Arrested in South Korea for Illegal Crypto Trading Activities: Report
An investigation by the Korea Customs Service discovered over 2.7 trillion won ($2 billion) in illegal foreign exchange transactions related to virtual assets since February.
US Congressman Wants Consumer-Protection Answers From Agencies, Crypto Firms
A subcommittee chairman from the House Oversight Committee sent letters to Binance, Coinbase and other firms questioning them on how they guard against fraud.
Thai SEC Fines Bitkub Executive $235K for Insider Trading
Last week, the country’s oldest commercial bank backed out of a deal to buy a majority stake of the local crypto exchange, citing unresolved regulatory issues.
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
The Bank of Korea says companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas.
Australia Starts Research Program to Explore Digital Asset Opportunities
The Assistant Treasurer and Minister for Financial Services Stephen Jones officially started the program Monday at the Australian Securities Exchange.
