Latest from Sheldon Reback
EU Formally Signs New Crypto Licensing, Money Laundering Rules Into Law
The MiCA law is set to make the bloc the first major jurisdiction with tailored crypto regulations.

USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.

Team Behind Offshore Yuan, Hong Kong Dollar Stablecoins Detained by Chinese Police: Report
Earlier this year KuCoin closed a $10 million funding round into CNHC.

Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People
OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval.

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls
Meme coin traders poured capital into several pizza-related tokens on Monday as rug pulls put a dampener on the anniversary of the first purchase made with bitcoin.

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.

Crypto Trading Platform Hotbit Terminates CEX Operations
Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform

Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations
The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled.

Bitcoin's Trading Range Narrows to Tightest in Months
Tighter price ranges result from markets running into competing influences. Eventually, some narratives take the back seat, paving the way for a volatility explosion.

Argo Blockchain Slumps to Full-Year Loss on Bitcoin Price Slide
The crypto mining company is in a stronger position now, interim CEO El-Bakly said.

