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Clarity needed on crypto lending regulations — UK Law Commission

The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.

South Africa to mandate crypto exchange licenses by year-end: Report

South Africa reportedly becomes the first country on the continent to require that digital asset exchanges secure licenses.

Binance Australia offices reportedly searched by local regulator

Binance said it is cooperating with Australian regulators to meet local regulatory requirements amid reports of office searches.

Mark Cuban, John Reed Stark clash over the cause of FTX’s collapse

Mark Cuban thinks the SEC could have saved U.S. customers from FTX had it adopted Japan’s approach to crypto regulation, but John Reed Stark disagrees.

UK government moves forward on bill aimed at empowering authorities to seize crypto

Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law.

UK financial watchdog reminds crypto firms of October deadline for marketing compliance

Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime.

China to tighten control on exports of AI chip-making materials

The Chinese government has announced that it plans to control the export of gallium and germanium products that are heavily used to produce semiconductors.

Creditors for bankrupt Voyager Digital billed $5.1M in legal fees

Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees.

U.S. crypto regulatory uncertainty could be Hong Kong’s gain - Yat Siu

Animoca Brands founder Yat Siu believes Hong Kong’s efforts to foster the Web3 ecosystem is in stark contrast to regulatory uncertainty hampering development in the United States.

Crypto firms won't leave US despite apparent hostility: Merkle Science CEO

Merkle Science CEO Mriganka Pattnaik has offered a “contrarian” take, explaining that crypto firms won't be vanishing from the United States anytime soon.

Winklevoss slams DCG's Silbert — Not even SBF was 'capable of such delusion'

In an open letter, Cameron Winklevoss slammed DCG's Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers.

Kyle Davies to donate future OPNX earnings to 3AC creditors for 'karma'

Three Arrows Capital co-founder Kyle Davies called it a “shadow recovery process” during a July 3 Twitter Spaces.

HK crypto ETFs on fire, Binance warns on Maverick FOMO, Poly hack: Asia Express

Hong Kong crypto ETFs grow 80% since December, Binance co-founder warns against FOMOing into MAV with leverage, Poly Network hacked again.

EU finalizes Data Act with a kill switch for smart contracts: Law Decoded, June 27–July 3

European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community.

'A lot of the bad actors have been shaken out of the market' — Bitvo CEO

Bitvo president and CEO Pamela Draper spoke with Cointelegraph at the Collision Conference in Toronto on the firm almost being acquired by FTX and Canada's regulatory environment.

UK Law Commission recommends 'distinct' legal category for crypto

The U.K.’s Law Commission highlights four major recommendations to reform laws relating to cryptocurrency use and ownership.

Singapore to require crypto firms to put user assets into trusts by year-end

MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones.

Thai SEC bans the use of customer crypto assets for lending and investment

Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy.

Belarus wants to ban P2P cryptocurrency transactions

Belarus’ Ministry of Foreign Affairs cited a high crypto crime rate for banning all citizens from exchanging Bitcoin between each other.

AI-generated fake news sparks rumors of Gary Gensler’s resignation

The rumors, which have set crypto Twitter ablaze, are the latest example of AI disinformation at work.

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