Regulations
JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP
Hong Kong and Macau authorities say they've detained people closely linked to the scandal, bringing total arrests to 18.

Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren't Securities
Stablecoin buyers don't expect a profit so it's not an investment contract, argues the USDC issuer, supported by former commodities regulator Heath Tarbert.

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
A Democrat in Congress is waging a lonely crusade against off-chain secrecy by calling for exchanges’ internal records to be shared with central repositories.

Coinbase Receives Regulatory Approval to List Perpetual Futures Trading to Users Outside US
The company has been looking to expand globally and announced its international exchange in May this year.

EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm
The bloc’s executive arm is spending $842K on a study as it mulls what to do about energy-hungry proof-of-work technology

Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.

CZ Denies He Owns CommEX, Binance Russia's New Owner
Binance’s CEO sought to quell speculation about the mysterious, day-old, crypto company found as part of a hasty Russian exit

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing
Gary Gensler, while avoiding answers on bitcoin ETFs, argues in testimony that crypto firms dangerously mix assets in a way outlawed in other corners of the financial system.

Sam Bankman-Fried Can Grill Former FTX Insiders on Drug Use in Court
While Bankman-Fried's lawyers tried again to get him out of jail just days ahead of his trial, the judge overseeing the case inched closer to resolving some outstanding issues.

Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of the Bank for International Settlements said.
