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Regulations
Bybit to End Korean Language Support on Official Platforms, Social Media
The exchange also said it is discontinuing its official Korean community support on social media channels.

Binance Hires Former Abu Dhabi Global Market Head as Singapore CEO
The move provides an opportunity to get ahead of the regulatory curve – a sore point for the exchange in recent weeks.

IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises
Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”

Gensler Tells Elizabeth Warren SEC Needs More Authority to Regulate Crypto
Congress should focus on trading, lending and decentralized finance, the securities regulator said.

Ex-SEC Director Brett Redfearn Leaves Coinbase After 4 Months
The departure of Coinbase's VP of capital markets points to a strategy shift within the publicly traded crypto exchange.

SEC Boss Gensler Eyeing Robust Regulation of Crypto Market: Report
Gensler did not comment on the potential approval of a crypto exchange-traded fund.

Blockchain Association Singapore Welcomes Former Regulator as Latest Board Member
Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries.

Mexico Regulator Says 12 Crypto Exchanges Are Operating Illegally
The companies, whose names weren’t disclosed, are not registered with the agency, the Financial Intelligence Unit said.

NJ Regulators Give BlockFi 1 Week Before Blocking New Interest Accounts
The state’s securities regulator contends BlockFi is selling an “unregistered security” to its customers.

SEC Chair Hints Some Stablecoins Are Securities
Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.
