Regulations
Patrick McHenry Is Dragging Crypto Bills Through Congress
The bowtied chairman of the House Financial Services Committee has shown persistence in the face of increasing partisanship on crypto issues.

Crypto.com Receives UK Authorization as an Electronic Money Institution
The exchange said it plans to use the license to offer e-money products in the U.K.

28 Indian Crypto Service Providers Have Registered With Country’s Anti-Money Laundering Unit
In March, India's Finance Ministry mandated that crypto businesses will have to register with the Financial Intelligence Unit (FIU).

Duo Behind $9M Platypus Exploit Acquitted by Paris Court: Report
Charges were dropped after one of the accused argued he was an "ethical hacker," according to French news publication Le Monde.

UK Lawmakers Urge Lower Digital Pound Holding Limits
They also want the government to tweak plans to make sure the CBDC’s design won’t preclude the possibility of paying interest on the digital pound.

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say
The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.

Central Banks Aren't Sufficiently Ready for CBDC Risks: BIS Report
The introduction of national digital currencies could have "major implications" for the business model of central banks and the risks they face, a Bank for International Settlements group said.

Miami Crew Leader Sentenced to 63 Months in Prison for Crypto Fraud
In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.

Digital Asset Investment Platform Fasset Wins Operational License in Dubai
The licence will allow Fasset to serve institutional investors, qualified investors and retail investors.

The Algorand Foundation Expands Its Footprint in India
The foundation's AlgoBharat initiative has secured new partnerships in India with NASSCOM, TiE Bangalore and the Mann Deshi Foundation.
