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Crypto
Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach
Bitnomial's action follows a similar suit filed by Crypto.com on Tuesday.

OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market
The exchange is the first to go live with dirham banking integration and a dirham-denominated order book, Rifad Mahasneh, general manager for the Middle East, told CoinDesk.

Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities
The action is rare for a region attempting to project itself as a global crypto hub.

India's Crypto Discussion Paper on Hold Due to Other Priorities
Financial authorities have had to prioritize matters such as the nation's budget during an election year, meetings with other nations and the impending World Bank annual meetings.

Crypto Investors Mostly DCA Into Their Coins, Finds Kraken
Dollar-cost averaging can help remove emotion from decisions and focus on long-term outlook, a Kraken executive told CoinDesk.

UAE Exempts Crypto Transactions From Value Added Tax
The update in the law applies retrospectively from Jan. 1, 2018.

CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg
BlackRock and Franklin Templeton could see tokenized shares of their money-market funds traded as collateral by the end of the year.

Australia's Police Confiscates Crypto Worth $6.4M in Crackdown on 'Ghost' Messaging App
Operation Kraken has nothing to do with the cryptocurrency exchange Kraken, the company said.

Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Blockchain Prepares New Memecoin 'Pepper'
Chiliz CEO Alexandre Dreyfus called out the disproportionate hype around NFTs in comparison to fan tokens in an interview with CoinDesk.

'Is Daddy on the Airplane?' Jailed Binance Exec Gambaryan Family’s Ordeal in New Podcast
U.S. Rep. Rich McCormick, the congressman from Gambaryan’s district, alleged in the “Designated” podcast that Nigeria is holding him as a “hostage” and argued that all of America’s cards “should be on the table.”
