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U.S.
Crypto Lender BlockFi Ordered by U.S. Court to Withdraw Communication on Unapproved Reorganization Plan
A U.S. bankruptcy court ordered the estate to issue a letter saying that statements relating to a May 13 disclosure were not authorized, and that it was not allowed to solicit support for a reorganization plan at the time.

Europe ‘Ahead of the Game’ in Web3 After MiCA Law, U.S. House Finance Chair Says
Rep. Patrick McHenry is seeking to push his own stablecoin bill through Congress, but faces criticism from Democrats.

Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Says
Marko Kovac said the Terraform Lab founder's extradition proceedings would follow a criminal proceeding for ID document forgery.

US Crypto Firms Eye Overseas Move Amid Regulatory Uncertainty
Citing an ongoing regulatory crackdown, crypto companies are considering shifting to more favorable jurisdictions. Jeff Wilser reports.

U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits
The senator and her Democratic colleague Ron Wyden asked the U.S. auditing watchdog to rein in bogus audits in the digital assets sector.

Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog
Proof-of-reserve reviews aren’t audits, says the Public Company Accounting Oversight Board, and investors shouldn’t count on them.

Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain's Newest Rigs
The Bitmain Antminer S19j Pro+ machines will increase CleanSpark's computing power by 37%.

Sen. Ted Cruz Wants Capitol Hill Vending Machines to Accept Crypto
If the Texas senator's resolution is passed, his congressional colleagues and Capitol Hill visitors will be able to buy some Pringles with bitcoin while burning the midnight oil.

FINRA Targets Crypto Communications After FTX Collapse
The U.S. self-regulatory body is gathering information on crypto marketing practices between July and September of this year to potentially inform a regulatory response.
