Korea Warns Against COIN & MSTR in ETF Portfolios
South Korea’s FSS urges local ETFs to limit exposure to crypto stocks like COIN and MSTR, citing regulatory concerns. Asset managers debate fairness and practicality of restrictions amid rising crypto interest.
DOJ Blames Court Error After Trump-Linked Crypto Scam Docket Briefly Sealed – Decrypt
A DOJ crypto scam case linked to Trump’s circle was briefly sealed due to a court error. Victims lost $250K to a scammer impersonating a Trump ally. MoonPay execs were reportedly targeted.
CoinShares secures MiCA license in France to cement EU presence
CoinShares secures MiCA license in France, becoming the first EU-regulated crypto asset manager. The license allows portfolio management and advice across multiple EU countries, expanding its regulatory footprint.
Bank of England Considers Abandoning Digital Pound CBDC Project Amid Growing Opposition
The Bank of England may abandon its digital pound CBDC project due to opposition and skepticism, preferring private sector payment innovations instead.
South Korean regulator urges asset managers to limit crypto exposure
South Korea’s FSS advises asset managers to limit crypto exposure, citing risks. While guidance is informal, concerns arise over fairness as investors access crypto via US ETFs.
Colorado pastor and wife indicted in $3.4M crypto scam
A Colorado pastor and his wife were indicted for a $3.4M crypto scam involving INDXcoin, which they promoted to their religious community, spending most funds on personal expenses.
Colorado pastor and wife indicted for $3.4M crypto scam
A Colorado pastor and his wife were indicted for a $3.4M crypto scam involving INDXcoin, which they promoted to their religious community, spending most funds on personal expenses.
XRP Lawyer Condemns ABA Move to Block Ripple And Circle Bank Licenses
XRP lawyer John Deaton criticizes the American Bankers Association’s attempt to block Ripple and Circle from obtaining federal trust charters, calling it anti-competitive and obstructive to crypto innovation.
FBI Drops Investigation of Kraken Founder Jesse Powell – News Bytes Bitcoin News
The FBI has ended its investigation into Kraken founder Jesse Powell, returning seized devices. The probe, unrelated to Kraken, stemmed from a non-profit dispute.
Canary’s SUI ETF Application Advances With SEC- Analyst Predicts All time High In August
Canary Capital’s SUI ETF application advances with SEC review, sparking bullish SUI price predictions. Analysts foresee potential all-time highs in August amid growing institutional interest.
