Crypto

Philippines SEC Cracks Down on Unregistered Crypto Exchanges as New Rules Kick In
The agency warned the public against engaging with unregistered crypto firms.

U.S. CFTC Considers Allowing Spot Crypto Trading on Registered Futures Exchanges
The U.S. Commodity Futures Trading Commission wants stakeholders to work with it to provide regulatory clarity on listing spot crypto assets.

‘Chokepoint 3.0’ Has Arrived? a16z Warns of Anti-Crypto Bank Tactics
This tactic could strangle competition by making it more costly for users to transfer funds to alternative platforms, a16z's general partner argued.

Crypto Market Bloodbath: Three Reasons Traders Are in Risk-Off Mode
A dismal U.S. jobs report, rising geopolitical risks and recession worries triggered a broad crypto sell-off led by BTC and ETH.

Hong Kong's Stablecoin Rules Kick In as It Looks to Establish Its Crypto Credentials
The new rules meal that stablecoin issuers will need to apply for a license in the region.

Indonesia to Raise Taxes on Crypto Transactions: Reuters
Sellers using exchanges located in the country will have to pay a 0.21% tax on the transaction value, up from 0.1%, Reuters said.

JPMorgan Teams With Coinbase to Let Users Buy Crypto With Bank Accounts, Points and Cards
Credit card support is expected to launch this fall, while rewards redemption and bank account linking are slated for 2026.

Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report
The team will be responsible for monitoring the digital asset market and holding discussions on crypto-specific legislation.

Crypto Fund JellyC Teams Up With Standard Chartered, OKX for Secure Crypto Trading
JellyC is working with OKX and Standard Chartered to use cryptocurrencies and tokenized money market funds as off-exchange collateral.

Grand Jury Charges Pastor, Wife in Alleged Multi-Million Dollar Cryptocurrency Scam
Between January 2022 and July 2023, Eli and Kaitlyn Regalado allegedly solicited nearly $3.4 million from investors and mostly targeted churches.

