Regulation
Crypto Remains a Priority for UK Under New Leader, Drawing Industry Excitement
Industry advocates in the country worried previous finance minister Rishi Sunak's crypto plans wouldn't pan out, especially after his recent defeat in the race for prime minister.

EU Finalizes Legal Text for Landmark Crypto Regulations Under MiCA
A leaked draft of the text, reviewed by CoinDesk, shows the rules could apply to algorithmic stablecoins and fractionalized NFTs.

Indonesia Wants Citizens to Steer Local Crypto Exchanges: Report
Regulators are tightening rules in the wake of a global search for Terra co-founder Do Kwon.

Australian Senator Proposes Crypto Bill Targeting China's Digital Yuan
The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers.

CFTC Already Preparing to Be Crypto Watchdog, Behnam Tells US Senators
Agency is “right regulator” to oversee digital assets trading, CFTC chairman testifies at a hearing of the Senate Agriculture Committee.

South Korea Looks to Invalidate Terra Co-Founder Do Kwon's Passport: Report
The CEO of Terra along with five others were issued with an arrest warrant on Wednesday.

A Peculiar Flavor of NFTs Is Thriving in China – One Regulators Can Abide
Unlike most non-fungible tokens, China’s “digital collectibles” are built on closed networks and designed to appease regulators who frown on trading and speculation.

Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors
EDX Markets, backed by major trading and investment firms like Schwab and Citadel Securities, will initially offer only a handful of cryptocurrencies such as bitcoin.

Hong Kong's HashKey Receives Approval to Manage 100% Crypto Portfolio
The crypto funds can manage a portfolio of 100% virtual assets, joining the first batch of Hong Kong’s few licensed virtual asset managers.
