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Crypto
EU Lawmakers Impose ‘Prohibitive’ Requirements on Banks’ Crypto Holdings
The vote in the European Parliament's Economic and Monetary Affairs Committee is intended to anticipate international bank-capital norms.

Indian Government Launches Blockchain Initiative With 5ire, Network Capital
5ire said in July it raised $100 million in Series A funding from U.K.-based conglomerate Sram and Mram.

In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds
The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.

Bernstein: Bounce in Cryptocurrencies Is ‘Mean Reversion’ Rally
The gains are unlikely to foreshadow a sustained advance, a report from the brokerage firm said.

Central African Republic Forms Committee to Draft Crypto Bill
The country, which made bitcoin legal tender in April, wants to pave way for broader crypto adoption.
