Regulations
Do Kwon Retained Law Firm in South Korea Before Terra's Collapse: Report
South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture's dramatic fall.

Shaquille O'Neal Finally Served FTX Lawsuit: Lawyers
Lawyers claimed the superstar was “hiding and driving away from our process servers for the past three months."

UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
The department will explore economic growth, investment and business opportunities in these areas, as well as implications on regulation.

U.S. SEC Moves Toward DeFi Oversight as It Reopens Proposed Regulations
The Securities and Exchange Commission is confirming crypto industry worries that, yes, the proposal last year to widen its view of securities exchanges will fold in DeFi.

Bitcoin Should Be Central to Regulation of Digital Assets
U.S. lawmakers should recognize the unique qualities of Bitcoin as they set out market structure for the crypto economy, says John Rizzo.

London Stock Exchange Group Unit to Clear Bitcoin Index Futures, Options
LCH said its partnership with trading venue GFO-X shows its commitment to the crypto asset class

EU’s MiCA Vote Likely Delayed by One Day Without Further Changes
The landmark crypto licensing framework and funds transfer rules will likely be rubber-stamped next week as last-minute upsets now seem unlikely.

Zambia to Wrap Crypto Regulation Tests by June: Report
The country is also exploring the issuance of a central bank digital currency.

High Hopes for EU’s MiCA Law With Final Vote Imminent
EU member nations are already jostling to hold the crypto crown as the bloc becomes the first major global jurisdiction to regulate the sector.

FTX’s Bankruptcy Lawyers: ‘The Dumpster Fire Is Out’
At a hearing on Wednesday, lawyers for the now-defunct exchange described it as a “digital Potemkin village” run by former CEO Sam Bankman-Fried.
