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Policy
Korean Crypto Exchanges Paid $14.7M to Banks for Name Verification Services: Report
Exchanges have to set up partnerships with banks for real-name verification by Sept. 24.

New Crypto Bill in US Congress Is the Most Comprehensive Yet
Where other bills addressed crypto policy questions piecemeal, Rep. Don Beyer’s Digital Asset Market Structure and Investor Protection Act covers several in one fell swoop.

PBoC Says It Will Keep High Pressure on Crypto Trading
China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.

Huobi Shuts Down Beijing Entity Amid Crypto Crackdown
The company said it's an old entity that isn't in use anymore.

Beijing City Blockchain Touts Interoperability With File Storage Product
The city's government plans to unite data that's spread out among its departments.

China Unveils Cryptography Research Center to Support Digital Yuan
The institute will be used to develop applications of the technology in an effort to boost security for China's central bank digital currency.

China Releases First Carbon Offset on Ant Group Blockchain: Report
Tianjin, known for its heavy industry and oil refineries, issued China's first blockchain-based carbon offset, as the country builds up its national carbon trading platform.

Australian Lawyers Propose Creation of a DAO Legal Entity: Report
Such a move give legal standing to blockchain-based organizations, enabling DAOs to contract with other legal persons.

Almost All Chinese Provinces Have Blockchain-Boosting Policies
Crypto in China might be under unprecedented government pressure, but the opposite is true of blockchain technology.

Bitmain Co-Founder Wu Says Regulatory Pressure Is Healthy for Crypto: Report
The higher level of interest will benefit the reputation of crypto overall, he said.
