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Latest from Jack Schickler
Binance Refers Dutch Users to Rival Coinmerce as It Exits Netherlands
The world’s biggest crypto exchange said it would quit the Netherlands in June after failing to secure regulatory approval.

EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.

BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC
Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers

EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.

Binance Australia’s Offices Searched by Financial Regulator: Bloomberg
The company, also under investigation in the U.S. and France, ceased its Australian derivatives business following regulatory warnings

Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks
The sell-off precedes creditor distributions that will only be made in the two most popular cryptocurrencies.

UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.

Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% income tax rate for crypto held longer than a year.

ECB to Start Wholesale CBDC Settlement Trials in 2024
The European Central Bank wants to see innovative interventions in financial markets – but under existing rules.

EU Publishes Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
Officials want a digital payment system available to “everyone, everywhere, for free.”
