Regulation
South African Regulator Issues Warning Over Binance
The crypto exchange is barred from offering services in the country.

Nigeria’s SEC Establishes Specialist Division to Study Crypto Investments
The country’s markets regulator will oversee crypto once banks are allowed to handle it.

SEC’s Gensler Lays Out US Crypto Regulation Stance to European Parliament
The chairman reiterated statements he has made in interviews elsewhere.

Singapore Grants Digital Token Payment Licenses to FOMO Pay
The city-state granted an “in principle” license to Independent Reserve in August.

Market Wrap: Bitcoin Slips Below $48K as Focus Shifts to Regulation
Bitcoin is in pullback mode as China and the SEC have traders’ attention.

Slovenia Financial Agency Proposes New 10% Crypto Tax
The measure is supposed to make cryptocurrency-related tax reporting easier.

2 New Bills Ask CFTC to Clarify Crypto Regulation, Prevent Price Manipulation
Crypto-friendly congressman Darren Soto (D-Fla.) is the sponsor of both bills.

South Korea’s Top Financial Regulator Is Forming a Dedicated Crypto Bureau
The Crypto Asset Monitoring Bureau will officially launch in September and oversee licensing for exchanges and other operators, among other responsibilities.

The Latest on Congress’s Crypto Tax Provision
CoinDesk’s Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest on the Senate’s $1 trillion bipartisan infrastructure bill now that the U.S. House of Representatives is finally taking it up. Plus, Federal Reserve Chairman Jerome Powell is expected to speak on the tapering roadmap at Friday’s Fed’s Jackson Hole meeting.


