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Regulations
South Africa's Central Bank Greenlights Financial Institutions to Serve Crypto Clients
The bank warned against the "wholesale" banning of customers who have digital assets.

As SEC Leans on Enforcement to Regulate, Crypto Lawyers Study Every Word
The industry’s legal advisers are trying to reverse-engineer the text of recent enforcement actions to divine the agency's thinking.

US Tribal Nation Economic Zone Publishes Draft Rules for DAOs
The Catawba Digital Economic Zone proposes allowing DAOs to be organized as unincorporated non-profits or limited liability companies.

South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting "illegal business activities" without proper registration, and could face fines or imprisonment.

EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
Lawmakers of the European Green Party want to anticipate international standards by legislating hefty capital requirements for lenders now.

UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending.

US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
Sen. Pat Toomey said whistleblowers had informed him the FDIC was pressuring banks to stop providing services to crypto companies.

Kenya's Crypto Crowd Hopes President-Elect Will Be Better Than Predecessor
Being the younger candidate and the one with a youth-friendly campaign, William Ruto is expected to be more crypto positive, locals hope.

US Fed Reminds Banks to Check for Legal Permissibility Before Offering Crypto-Related Services
The Federal Reserve's open letter directs banks to contact their supervisor at the central bank prior to engaging with crypto.

IRS to Serve Summons to Crypto Dealer SFOX Looking for Possible Tax Evaders
A California court has authorized the agency to serve a "John Doe" summons.
