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Regulation
Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed
An agreement has been reached between the congressman who introduced the provision and an industry think tank that lobbied against it.

The Unhosted Crypto Wallet Rule Is Back
A controversial proposed rule that would enforce know-your-customer (KYC) rules on unhosted or self-hosted crypto wallets may again be under consideration by the U.S. federal government, particularly in the Treasury Department’s semiannual agenda of regulations. CoinDesk’s Nikhilesh De discusses what this means for the U.S. crypto regulatory landscape.

Thailand Axes 15% Crypto Withholding Tax Plans Following Pushback: Report
Earned income on crypto trading or mining can be reported as capital gains on income taxes, tax officials said.

Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs
Regulators want only professional investors to be exposed to those kinds of products.

Russian Government Agrees on Road Map to Regulate Crypto: Report
Government ministries and other official bodies agreed on principles for future crypto regulation. The Bank of Russia objects.

Warren Targets 6 More Crypto Miners for Their Energy Use
The crypto miners welcomed the dialogue on the environmental issues of mining with the Massachusetts senator.

SEC Rejects Fidelity’s Wise Origin Bitcoin ETF Proposal
The rejection of a spot bitcoin ETF follows precedent and underlines the SEC's preference for ETFs that track the bitcoin futures market.

A Struggling South Korean Museum Is Auctioning National Treasures; Meet the 2 DAOs Trying to Buy Them
The Gansong Art Museum will be auctioning the sculptures, which the DAOs hope to keep on public display.
