Crypto

Crypto

Policy

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

The two suspects were interviewed under caution by the FCA and then released on bail.

(FCA)

Policy

Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters

A draft document reviewed by Reuters is due to be approved by the cabinet later Thursday.

(Tom S/Unsplash, modified by CoinDesk)

Policy

Binance Fined $2.2M by India’s Financial Intelligence Unit

Binance became the first offshore crypto-related entity, along with KuCoin, to be approved by India’s Financial Intelligence Unit (FIU) in May, conditional to paying a penalty.

(Nikhilesh De/CoinDesk)

Markets

Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Policy

FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets

Attorneys for the victims said the bankruptcy process has left FTX customers feeling "aggrieved and robbed."

FTX logo (Adobe Firefly)

Policy

Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck

The fund will provide investors exposure to bitcoin by investing in the VanEck Bitcoin Trust ('HODL') which is a United States ETF listed on the Cboe BZX Exchange, Inc (Cboe).

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

Policy

U.S. SEC's Crypto Enforcer David Hirsch Quits

Hirsch was the chief of the crypto asset and cyber unit in the Division of Enforcement at the U.S. SEC.

SEC (Nikhilesh De/CoinDesk)