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Policy think tank asks Philippine government to ban Binance over promotions

Binance responded to the letter saying that they take compliance seriously and are looking to secure licenses in the country.

British investment managers call for the blockchain-traded funds' approval

The Investment Association believes the new technology will bring significant cost savings for end investors.

WSJ editorial slams SEC's 'bewildering' Bitcoin ETF denials

The editorial board has drawn attention to a two-pronged approach employed by SEC's Gensler which makes it practically impossible to get a spot Bitcoin product approved.

Crypto owners banned from working on US Government crypto policies

A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation.

Bitcoin-friendly Próspera hits back at controversy in The Guardian

Some residents have reportedly told the crypto-friendly city of Próspera to “go home” following the Honduran government’s repeal of the ZEDE legislation which enabled it.

Belgian regulator reviews crypto asset classifications while awaiting harmonization

The Belgian Financial Services and Markets Authority created a chart to differentiate crypto asset securities, investment instruments and financial instruments.

Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM's government

In his resignation letter, Economic Secretary to the Treasury John Glen said that “vital reforms" to the country’s financial services were ready to be presented to Parliament.

Circle looks to reaffirm commitment to transparency as USDC market share soars

"With USDC, our business model is minimizing risk, not taking and managing risk,” wrote Jeremy Fox, Circle's CTO.

Salary payments in USDT stablecoin ruled as illegal in the Chinese court

Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions.

Crypto tax deters 83% Indian investors from crypto trading: WaxirX report

With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market.

Korea and US agree to share investigation data on Tera-Luna

The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra Luna.

High-ranking crime fighter to join UK’s FCA as payments and digital assets director

The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.

Italian government will provide $46 million in subsidies for blockchain projects

All companies developing IoT, AI, or blockchain technology will be eligible to apply for government subsidies provided the funds will be used in specific sectors, such as health.

US Commerce Dept. asks digital asset industry for input on competitiveness framework

The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 executive order on digital assets.

Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE

The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financial system, but had the potential to do so in the future.

Russians banned from accessing Bitmex within European Union

Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022.

UK government seeks public input on DeFi taxation

The HMRC is asking for input from investors, professionals, and organizations involved in DeFi-related activities.

Dutch University set to recover more than twice the paid BTC ransom in 2019

The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources.

MiCa, AMLA and EU’s 'wild west' problem: Law Decoded, June 27-July 4

The Markets in Crypto-Assets passed the Tripartite negotiations, while the European Union anticipates a new body for AML regulation.

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