Regulations
South Korea Wants Companies to Disclose Crypto Holdings
Under draft rules, companies that issue or own crypto will have to make disclosures in their financial statements starting next year.

Coinbase Goes to Court Against the SEC
Coinbase and the SEC will meet in court this week (for a pre-motion hearing). Here’s what we’re watching.

U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft
The DOJ alleged that Shakeeb Ahmed stole $9 million from a crypto exchange that operates on Solana, through a flash loan attack last year.

EU’s Metaverse Vision Focuses on Standards, Governance and Funding
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds.

UK Treasury Starts Consultation on Five-Year Digital Securities Trial
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.

Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License
BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.

Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20
Central bankers, wary of displacing their own fiat currencies, pointed to the past year's prominent hacks and collapses.

DOJ Charges Moroccan Man With Stealing $450K in OpenSea Spoofing Scam
Officials allege the man set up a lookalike website based on the popular NFT marketplace to steal victims' digital art collectibles.

Grayscale Argues Leveraged Bitcoin Futures ETF Approval Shows Spot ETF Should Be Approved
The crypto asset manager is suing the SEC for rejecting its bitcoin ETF application last year.

U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
The lawmaker alleged that the company may have lied to Congress under oath or misled investors in securities filings.

