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Regulations
Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
Anchorage Digital stands alone as the only OCC-chartered crypto bank after other efforts have fizzled out or been withdrawn.

SEC Charges 18 Utah Defendants in $50M Crypto Fraud Scheme
The defendants sold unregistered securities they called “node licenses” to unsuspecting investors, the SEC said.

FTX Wants Dubai Unit Removed From U.S. Bankruptcy Proceedings
Liquidating FTX Dubai under UAE law would make way for the timely distribution of any outstanding liabilities, the bankrupt estate argued in court filings.

Hong Kong Officially Opens Crypto Trading to Retail Investors, Grants First Licenses to HashKey, OSL
OSL Digital Securities said retail investors can register to trade BTC and ETH effective immediately.

eToro Sued by Australia's Market Regulator for Leveraged Product
ASIC alleges that eToro's target market was far too broad and its screening test was very difficult to fail.

Is Sam Bankman-Fried Going to Jail?
Federal prosecutors are fed up with what they say are his repeated attempts to influence witness testimony. He maintains he’s just trying to defend his reputation.

Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications
Volatility Shares, Bitwise, VanEck, Roundhill, ProShares and Grayscale have filed applications with the SEC for Ether ETFs.

G20 President India Publishes Its Input for Framing Global Crypto Rules
India's presidency note on crypto is an effort to have its suggestions included in the framing of global crypto rules.

U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense
Prosecutors moved to revoke Sam Bankman-Fried's bond release, alleging his sharing Caroline Ellison's diary with the New York Times amounts to witness tampering.

Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans
The environmental argument against bitcoin "should not be used as a smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr said.
