Policy

jail (Shutterstock)
Ben Armstrong, Founder of Bitboy Crypto Channel, Released on Bail After Arrest
Armstrong has had an apparent fallout with his former business partners, several tweets suggest.
jail (Shutterstock)

Licensing consultants are charging up to $1 million to advise firms on the application. (Ratnakorn Piyasirisorost/Unsplash)
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 milli...
Licensing consultants are charging up to $1 million to advise firms on the application. (Ratnakorn Piyasirisorost/Unsplash)

H.K. Lawmaker Johnny Ng said he hopes for more Web3 talent exchanges with mainland China. (Ruslan Bardash/Unsplash)
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.
H.K. Lawmaker Johnny Ng said he hopes for more Web3 talent exchanges with mainland China. (Ruslan Bardash/Unsplash)

Nairobi, Kenya (Amani Nation/Unsplash)
Worldcoin Suspended by Kenya on Financial Security and Privacy Concerns
Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations.
Nairobi, Kenya (Amani Nation/Unsplash)

Binance Japan users can access spot trading, earn products, and an NFT marketplace. (CoinDesk)
Binance Japan Starts Onboarding Users
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.
Binance Japan users can access spot trading, earn products, and an NFT marketplace. (CoinDesk)

The SEC has ordered listed firms, including crypto firms, to report materially important cybersecurity breaches. (Shutterstock)
U.S.-Listed Crypto Firms Will Need to Report Cybersecurity Breaches
Companies are poised to begin reporting cybersecurity incidents and strategies to the SEC later this year.
The SEC has ordered listed firms, including crypto firms, to report materially important cybersecurity breaches. (Shutterstock)

“Traditionally successful entrepreneurs may not be interested in this industry,” says lawmaker Johnny Ng. “Even if they are, they might not know how to play it.” (Johnny Ng)
Meet the Hong Kong Lawmaker Who Invited Coinbase to Town
Legislative Council member Johnny Ng is courting crypto exchanges to get licensed in the city as the U.S. drives digital asset firms offshore.
“Traditionally successful entrepreneurs may not be interested in this industry,” says lawmaker Johnny Ng. “Even if they are, they might not know how to play it.” (Johnny Ng)

US presidential candidate Robert F Kennedy Jr.
RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes
The Democratic presidential hopeful also reiterated a May stance defending the right to self-custody bitcoin, run blockchain nodes at home and promising industry-neutral energ...
US presidential candidate Robert F Kennedy Jr.

Coinbase Chief Legal Officer Paul Grewal (Shutterstock/CoinDesk)
Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg
The crypto exchange is still faced with significant regulatory challenges, the report said.
Coinbase Chief Legal Officer Paul Grewal (Shutterstock/CoinDesk)