Regulations

Crypto Needs ‘Global Regulatory Framework,' IMF Says
The longer it takes international regulators to form a game plan for regulating crypto, the more likely it is that regulation will be locked in at a fragmented, national level, warned the IMF on Tuesday.

Binance Secures License in Dubai to Offer More Crypto Services
The exchange had previously secured a license to offer limited crypto exchange products and services to qualified investors in Dubai.

Craig Wright’s Satoshi Proofs ‘Not Credible’ and a ‘Farce,’ Hodlonaut Lawyers Say
Closing statements on behalf of the Twitter user targeted by Wright suggests the case could hinge on vagaries of Norwegian defamation law as much as the identity of Bitcoin’s founder.

Politicians, Not the Usual Bureaucrats, Take the Reins on Web3 in Japan
A handful of lawmakers are forming new policies, bypassing the usual lengthier route.

US Treasury Wants Public to Comment on Crypto’s Role in Illicit Finance
The Treasury Department listed a number of questions, asking the general public to weigh in on how it’s approaching cryptocurrencies and their possible role in illegal activities.

France Orders Jail Time for 2 Men Charged With Funding Terrorism in Syria With Crypto: Report
The amount transferred via crypto by three Islamic extremists is estimated at around $280,000, one news outlet in France reported.

Crypto Exchange FTX Not Authorized in UK, Financial Watchdog Warns
However, FTX told Bloomberg it believes a scammer is impersonating the company.

ECB Picks Amazon, Nexi, 3 More to Prototype Digital Euro Apps
The European Central Bank plans to test how well the technology underlying a digital euro integrates with user interfaces developed by companies.

SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report
The regulator suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks.

Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury
After six months, the federal government’s review of the crypto world hasn’t yet offered a road map for oversight, though it hinted at a federal regulatory structure and emphasized that a central bank digital currency may have serious support.

