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Regulations
Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Senior official Sean McHugh disputed any perception of VARA being a friendlier-than-usual crypto regulator.

Coinbase Escalates SEC Fight Over the Agency's Inside Chatter on ETH
The company's go-between on a quest to see SEC documents – History Associates – told a court it intends to ask for an immediate judgment in the dispute over internal communications.

Kamala Harris Speech Offers No Further Details on Crypto 'Regulatory Framework'
The vice president touted her "opportunity agenda" but did not drill down on what it would mean for digital assets during an appearance in Erie, Pa.

FTX's Salame Hoped Dog Bite Would Delay Prison, But Tucker Carlson Derailed Effort
Ryan Salame is set to start a prison sentence today after a judge rejected his attempt to delay his arrival to treat a bite to his face, noting it didn't stop him from doing a media interview.

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

Binance Executive Tigran Gambaryan Denied Bail in Nigeria
The Binance executive has been detained in Nigeria since February.

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.

Heather 'Razzlekhan' Morgan Should Spend 18 Months in Prison, Prosecutors Tell Court
Heather Morgan, who was accused of helping launder proceeds from a 2016 Bitfinex hack, provided “substantial assistance” to prosecutors, according to the government’s sentencing memo.

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.

SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’
Gensler also called out fraud in crypto: “With all respect, the leading lights of this field in 202[4] are either in jail or awaiting extradition right now.”
