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Regulations
SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
The judge dismissed the SEC case against DEBT Box last week, after the regulator filed for dismissal without prejudice.

India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto
Any plans for comprehensive crypto legislation could be kicked further down the road after a weaker-than-forecast showing for the governing party.

Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit
The settlement must still be approved by a New York court.

Former Binance CEO CZ Begins 4-Month Prison Sentence in California
Lompoc II, the California prison where CZ will serve his sentence, is a low-security facility.

Australia's First Spot Bitcoin ETF With Direct BTC Holdings to Go Live on Tuesday
Australia already has two exchange-traded products providing exposure to spot crypto assets on Cboe Australia but they do not hold bitcoin directly.

Flood of Cash From Coinbase Gives Crypto One of the Biggest Campaign War Chests
Coinbase followed Ripple and a16z in each giving a new $25 million to their political action committee, Fairshake, as the general election approaches that may shift crypto's destiny.

Mexico's Crypto Stance Unlikely to Change as Ruling Morena Party's Claudia Sheinbaum Elected President
Sheinbaum is from the same party as President Andres Manuel Lopez Obrador, who could not run again under the constitution.

U.S. President Biden Vetoes Resolution Overturning SEC Guidance
Joe Biden said he would veto the resolution before the House or Senate voted on it.

Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy
Lobbying groups for the U.S. banks sent President Joe Biden a letter asking him to change his mind on his threat to veto the congressional effort to overturn SAB 121. Members of Congress did, too.

U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress
The Oregon Democrat has been among his party's crypto sympathizers in the Senate, and he said there's "a long way to go" after this early burst of crypto momentum in Washington.
