Regulation

FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals
The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to "debank" digital assets customers.

South Korea Plans Sanctions Against KuCoin, Others: Report
The Financial Intelligence Unit (FIU) classified a number of exchanges who are not registered as targets for sanctions

German Regulator Identifies 'Deficiencies' in Ethena's USDe, Orders Immediate Issuance Halt
Ethena's ENA token is down by 6.5% in the past 24 hours.

As Congress Talks Up Its Earth-Shaking Crypto Bill, Regulators Are Already at Work
While the Securities and Exchange Commission prepares for a crypto roundtable, policy moves at the agencies are getting more done than higher-profile rhetoric.

Boerse Stuttgart’s BX Digital Receives FINMA Approval for Digital Asset Trading
The platform, utilizing Ethereum’s blockchain, aims to streamline transactions for tokenized financial instruments and enhance capital market efficiency.

Hashdex Seeks to Expand U.S. Crypto ETF to Include Litecoin, XRP and Other Altcoins
The proposed amendment would include various cryptocurrencies in the in the Hashdex Nasdaq Crypto Index US ETF.

Crypto's DeFi Education Fund Swaps Directors as Miller Whitehouse-Levine Moves On
The advocacy group's chief legal officer, Amanda Tuminelli, will be the new executive director as her predecessor take a board role.

As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift
In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY and a Wall Street super-lawyer further show a tradfi arrival.

U.S. Residents Missed as Much as $2.6B in Potential Revenue From Geoblocked Airdrops
The U.S. government lost as much as $1.4 billion in potential tax revenue, a report from Dragonfly found.

Coinbase Plans India Comeback After Securing Regulatory Registration With FIU
The crypto exchange started withdrawing from the country in 2022 due to regulatory pressure.
