Regulations
SEC Enforcement Director: 'We're Not Concerned With the Labels' in Crypto Cases
Gurbir Grewal spoke about the SEC's recent actions during a panel Friday.

Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Obtained by CoinDesk under a Freedom of Information Law request, the documents offer a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin.

Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says
The European Union's intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods.

Binance Under Investigation in France for 'Aggravated' Money Laundering
Binance is suspected of illegally providing digital asset services to local customers, and implementing poor money laundering checks, the Paris public prosecutor told CoinDesk.

Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.

OKCoin Accused by FDIC of Making False Claims About Customer Protections
The U.S. banking agency demanded the exchange halt “misleading representations” of backing from FDIC insurance.

U.S. Court Will Rule on Terraform Labs' Push to Dismiss SEC Lawsuit Within a Month
Terraform Labs' lawyers argued UST was not a security because it was designed for commerce, rather than as an investment.

Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request
Courts in the country approved bail for the Terraform Labs founder, but a South Korean extradition request is set to keep him in jail.

Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say
State regulators say Abra held tens of millions of dollars' worth of assets on now bankrupt platforms.

Ripple, SEC Seem to Agree About Not Taking Hinman Speech Seriously
SEC emails illuminated ex-official Hinman’s 2018 view on ETH, which Ripple’s top lawyer said was used to ‘destroy and disrupt’ U.S. crypto, but this probably won’t steer agency policy.
