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Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer

Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved.

FTC files lawsuit against Meta over attempted monopolization of metaverse

The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram.

European banking regulator sees 'major concern' in retaining staff to handle crypto: Report

José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space.

Cathie Wood sells Coinbase shares amid insider trading allegations

Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June.

‘Game yet to begin’ for security token offerings, INX exec says

The current crypto bear market had no direct impact on the STO platform INX because STOs are “very different from others in the space.”

IMF global outlook suggests dark clouds ahead for crypto

The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto.

CFTC poaches Pantera Capital's legal counsel, citing digital asset experience

Joe Cisewski formerly provided Pantera Capital with legal and regulatory guidance relating to the firm’s funds and investment advisors.

Crypto Council for Innovation hires government insiders to build leadership team

Linda Jeng and Brett Quick will be joining the council in support of its policy and regulatory affairs team.

Treasury's OFAC is investigating Kraken for violating US sanctions: Report

More than 1,500 users with residences in Iran reportedly had accounts at Kraken as of June, while 149 users in Syria and 83 in Cuba were also able to access the crypto exchange.

Senate Virtual Currency Tax Fairness companion bill drops purchase exclusion to $50

After being seen in the House a few times, a bipartisan bill is introduced into the Senate with a drastically reduced exclusion for purchases made with cryptocurrency.

Uncertainty around French laws prompted F1 racers to remove crypto branding: Report

Spectators could not see Crypto.com’s logos during Formula One's French Grand Prix, while staff from Alfa Romeo, AlphaTauri and Alpine reportedly removed crypto-related branding.

TikTok data policy debacle: Is user’s crypto at risk?

Could data security concerns raised over TikTok’s operations in America put cryptocurrency users’ coins at risk?

Official explains why China CBDC should not be as anonymous as cash

While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said.

SEC Philippines to investigate Binance over alleged illegal operations

A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country.

Hong Kong positioned as the most crypto-ready country in 2022

Factors considered to calculate a country’s readiness were the number of crypto ATMs proportional to the population and geographical size and the number of blockchain startups per 100,00 people.

CFTC will remodel LabCFTC, education office to increase regulatory efficiency

CFTC chair Rostin Behnam spoke at a webinar about how the agency, even lacking broad authority, is trying to keep up with rapid developments in financial technology.

Bill addressing stablecoins risks in US likely delayed until September: Report

The unresolved issues in the bill reportedly included provisions on custodial wallets from the Treasury Department, and concerns from the Securities and Exchange Commission.

The lasting agony of 3AC: Law Decoded, July 18-25

A crypto hedge fund co-founders acknowledge their mistakes, driven by bull market overconfidence.

Thai SEC launches digital hotline for Zipmex users

The investors affected by Zipmex's withdrawals' pause can submit information about their losses via an online forum on the Thai SEC’s official website.

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