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Crypto
Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.

Australia's Crypto Industry Body Denounces Recent Banking Restrictions
Blockchain Australia said it wants to tackle the issue "head-on by using real data," following reports that banks in the country were blocking payments to crypto exchanges.

Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
Last week, the U.S. Security and Exchange Commission (SEC) filed lawsuits against Binance and Coinbase.

House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass
House Republicans Patrick McHenry and GT Thompson face a central problem with their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips.

UK Has No Plans for 'Crypto Tsar' Proposed by Some Lawmakers, Minister Says
Economic Secretary to the Treasury Andrew Griffith reiterated the government's position that crypto should not be treated like gambling at a Tuesday debate.
