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G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency


G20 nations are set to crystalize crypto policies, the closest we may have come to globally coordinated rules for the industry. India has been at the helm of the efforts as the current president of the G20 and is likely to celebrate the progress during the Leaders' Summit in September

Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy


A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides incentives for increased renewable energy production....

Binance Japan to Use KYC Services From Liquid


The world’s leading cryptocurrency exchange, Binance, has selected Liquid as an identity verification partner for its Japanese platform. The services of the Tokyo-headquartered biometrics firm will allow Binance Japan to ensure its know-your-customer (KYC) procedures comply with Japan’s strict...

French Regulator Revises Crypto Rules to Align With EU’s MiCA Law


France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like...

Sam Bankman-Fried Jailed Ahead of Trial


FTX founder Sam Bankman-Fried has been remanded into custody ahead of his October trial on multiple financial crime charges after a federal judge revoked his release on bond

Campaign-Finance Charges Are Back on the Menu


I didn’t really have anything prepared to write about this week but the Department of Justice is on it. Prosecutors told the judge overseeing Sam Bankman-Fried’s criminal trial that they intend to fold campaign finance allegations into a wire fraud charge, after announcing they would have to drop...

Why Binance Is Abandoning Most of Europe


Crypto firms only need regulatory approval in one EU nation under new regulations to serve the single market – but some states are more prepared to implement MiCA rules than others

Hong Kong Securities Regulator Warns Unlicensed Crypto Exchanges


The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some of these platforms may never actually apply for...

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