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Former FTX exec Ryan Salame and US prosecutors are discussing a plea deal: Report

It's unclear whether any reported guilty plea from Ryan Salame would have the former FTX Digital Markets co-CEO testify at Sam Bankman-Fried's trial in October.

Prosecutors will still consider Sam Bankman-Fried's alleged campaign finance scheme at trial

Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge.

Obligatory license for stablecoins? What do the latest FSB guidelines mean

FSB starts from the definition of “global stablecoin”, which serves as a means of payment and storage and has the potential for adoption across multiple jurisdictions.

Bank of England will get more power in regulating stablecoins

The United Kingdom government could rebalance the power between the Bank of England and the country’s principal financial regulator, the Financial Conduct Authority.

Brazilian CBDC gets official name and logo

Previously commonly referred to as “digital real”, Brazilian central bank digital currency gets its official brand name.

Blockchain.com scores payment license from Singapore central bank

The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions.

China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express

Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.

FTX has a plan, but creditors are not impressed: Law Decoded

A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan.

Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges

Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements.

India House passes bill to ease BigTech data compliance

The lower house in the parliament of India approved updates to a bill that would ease data storage, processing and transfer standards for BigTech companies.

CoinGecko now has an index for crypto tokens alleged as securities

According to CoinGecko, nearly $85 billion worth of crypto falls under the category of “alleged SEC securities.”

DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s crypto trading: Hodler’s Digest, July 30 – Aug. 5

Curve Finance’s dramatic exploit exposes DeFi, DoJ concerns of a run on Binance, and Hong Kong debuts retail crypto trading.

CDC report underscores importance of Judge's verdict in Ripple case

The CDC expressed satisfaction with the ruling, which aligned with their stance as articulated in their amicus brief supporting Ripple, marking an advocacy victory.

US lawmakers urge White House to address North Korea’s use of digital assets: Report

Sen. Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July.

'The SEC has violated due process' — Coinbase CLO on motion to dismiss lawsuit

Lawyers for Coinbase cited precedent from the SEC v. Ripple case, in which a judge ruled that the XRP token largely did not qualify as a security by the commission’s standards.

Girl Gone Crypto thinks ‘BREAKING’ crypto news tweets are boring: Hall of Flame

Girl Gone Crypto has amassed a huge following on Twitter thanks to her interesting and unique take on crypto news.

Oman financial regulator seeks feedback on proposed virtual asset framework

Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned.

Revolut to suspend cryptocurrency services in US

Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said.

Massachusetts launches probe into AI in securities industry

Massachusetts securities regulators are seeking to ensure that AI applications in the securities industry wouldn't harm the interests of their users.

Bank of Russia presents digital ruble’s logo and commission fees

From 2025 B2B transactions will cost $0,16 each, while individual customers will pay 0.3% of the total transaction sum when transferring to commercial accounts.

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