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The Philippines pushes back against foreign exchanges, continuing a protectionist streak

The Central Bank of the Philippines warns the public against using non-local crypto trading platforms.

Hodlnaut cuts 80% of staff, applies for Singapore judicial management

Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management.

US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’

The Trustee overseeing Celsius’ bankruptcy case has requested an examiner to help shed the light on a number of complex issues.

Ripple partners with Travelex to launch enterprise crypto payment service in Brazil

The rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to five days to settle costly cross-border transactions.

Wife of arrested Tornado Cash dev forbidden to speak with him — Rally organized

Speaking with Cointelegraph, Ksenia Malik stated that Dutch authorities are treating her husband as if he were “were a dangerous criminal” and that the creation of open-source software should never be criminalized.

US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption

Four members of the U.S. House Committee on Energy and Commerce said they were "deeply concerned" that Proof-of-Work mining could increase demand for fossil fuels.

South African Reserve Bank encourages friendly behavior with crypto

The banking authority said avoiding risk through cutting off crypto-involved clients may pose a “threat” to financial integrity.

Korean financial watchdog to block tens of unregistered exchange websites

Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.

Chinese mining giant Canaan doubles profits despite the blanket crypto ban

The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.

Law enforcement should give up trying to access everyone's data, says legal expert

Ahmed Ghappour explained that sanctioning ideas can lead to criminalizing harmless associations with no ties to other criminal conduct.

Aussie asset manager to offer crypto ETF using unique license variation

The CEO of Monochrome Asset Management says their license approval represents a significant step forward for both the advice industry and retail investors.

CBDCs only solution to 'smooth continuation' of the monetary system: ECB

The European Central Bank working paper sought to identify issues and consensus regarding CBDCs, as well as to identify gaps in the research — such as what users want.

Ontario crypto exchanges impose $30K annual limit on altcoin buys

The new buy limits are intended to better “protect crypto investors” and make them “more aware of the risks” associated with crypto assets, according to one of the exchanges.

Korean police seize crypto for unpaid traffic fines in trial

Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations.

Senator asks FDIC about allegations it discourages bank relations with crypto companies

Sen. Pat Toomey says he has information from whistleblowers that the FDIC without a legal basis is discouraging banks from dealing with companies with crypto links.

European Central Bank addresses guidance on licensing of digital assets

Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies.

Fed adds a new layer of bureaucracy for US banks engaging in crypto asset activities

The U.S. Federal Reserve Board has issued new instructions for banks engaging in crypto asset activities that include running their plans past their Fed supervisor.

Tornado Cash sanctions will ultimately undermine the US and strengthen crypto

Like any aging empire, America is reacting to its competition.

Indian police launch probe into BitConnect founder wanted by US SEC

The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India.

Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation

Terraform Labs co-founder Do Kwon has claimed that Korean authorities haven’t contacted or filed any charges against him in the Terra investigation.

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