Regulations
UK Banking Regulator to Propose Rules on Issuing, Holding Crypto
The U.K. government recently released a consultation on regulating the industry and a potential central bank digital currency.

Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense
New bills to set up a digital assets regulation in Illinois are supported by the local regulator, as states continue to surge ahead of U.S. agencies on cryptocurrency efforts.

Tel Aviv Stock Exchange Plans to Let Customers of Its Nonbank Members Trade Crypto
The exchange is trying to meet the demand for digital assets while mitigating the risks.

Global Crypto Rules to Be Based on Coming FSB and IMF Synthesis Paper, India Says After G-20 Meetings
The paper is expected to be ready by September.

EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official
The European Commission plans to set out policy on virtual worlds in May.

FATF Agrees on Action Plan to Drive Implementation of Global Crypto Norms
The global financial crime watchdog's plenary, made up of 206 members including observer organizations like the UN, also agreed to take stock of what jurisdictions have been doing so far.

Crypto Wallet Firm Dfns Says ‘Magic Links’ Have Critical Vulnerability
Affected services say they were given barely any notice before Dfns published its blog post detailing the so-called zero day.

Online Transactions, Peer-to-Peer Payments Should Be Priorities With Digital Euro, ECB Says
Transfers in stores and to governments could take longer to develop, but basic personal use should be free, the European Central Bank said.

Australian Markets Regulator Is Reviewing Binance Australia's Derivatives Services
Binance said on Thursday it had incorrectly tagged 500 Australian users as "wholesale investors."

The SEC's Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
The SEC’s lawsuit against Terraform Labs alleges that terraUSD (UST), and nearly every token it issued, are securities.
