Regulations
FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'
Pakistan's Minister of State for Finance and Revenue has reportedly said crypto cannot be legalized in the nation due to conditions set by the global money laundering watchdog for staying off of its list of countries under increased monitoring.
The Bitcoin Mining Debate Is Ignoring the People Most Affected
Snowballing misinformation has painted an inaccurate and incomplete portrait of a complicated industry – and that is having a real impact on policy.
Binance Blasts 'Desperate' Reuters Report It Commingled Customer and Company Funds
"We’ve addressed this on multiple occasions. We keep our user and corporate funds on completely separate ledgers," Patrick Hillmann, Binance's chief communications officer tweeted on Tuesday, though he did not outright deny the report's claims.
EU Banks Could Access Stablecoins More Easily Under Leaked Plans
The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.
Sorare Carves Out Unique Entry Method for France Due to NFT Regulations
The Web3 fantasy sports game is collaborating with the French National Gaming Authority to create a framework for France-based players who face a tighter regulatory regime.
Come in and Register? These Firms Say They Found an SEC-Friendly Crypto Path
As the industry fights with the U.S. regulator over “impossible” demands, Prometheum Capital and others win approvals to deal in crypto securities.
South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report
A bill requiring lawmakers and officials to declare crypto assets was due to take effect in December, following allegations made against the opposition party's Kim Nam-kuk.
Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1
The SFC's guidelines prohibit crypto "gifts" designed to incentivize retail investments, which likely includes airdrops, and says stablecoins should not be admitted for retail trading until they are regulated.
International Securities Regulator IOSCO Proposes Policy Recommendations for Crypto
The consultation period for the global standard-setter's first set of detailed recommendations for regulating crypto will close on July 31.
Crypto Lender BlockFi Ordered by U.S. Court to Withdraw Communication on Unapproved Reorganization Plan
A U.S. bankruptcy court ordered the estate to issue a letter saying that statements relating to a May 13 disclosure were not authorized, and that it was not allowed to solicit support for a reorganization plan at the time.
