Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg
Senator Andrew Bragg says rejecting his crypto bill will drive investment away from Australia but lawyers claim it’s part of a bigger regulatory picture. Go to Source
Bitcoin Regulation
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OKX crypto exchange enters final stage of Hong Kong VASP license application
Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services. Go to Source
China court declares virtual assets as legal properties protected by law: Report
Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights. Go to Source
SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie
SEC has delayed its decision on Bitcoin exchange-traded fund applications from WisdomTree, Invesco Galaxy and Valkyrie, with the next deadlines set for October. Go to Source
Crypto community jubilant over Grayscale decision, but uncertainty remains
The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped. Go to Source
Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis
New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive after the next BTC halving. Go to Source
Indian PM Modi calls for global cryptocurrency framework at G20 Summit
India has advocated for a global crypto framework for years, however, back home, the crypto ecosystem is still looking for a clear regulatory framework and simpler taxation. Go to Source
HashKey to start Bitcoin and Ether retail trading in Hong Kong from Aug. 28
HashKey, along with OSL, received a major license upgrade on Aug.3 clearing their way to offer crypto trading services to retail customers. Go to Source
Is the SEC a bad cop? CoinRoutes CEO Dave Weisberger breaks down crypto regulation in the US
Weisberger believes the structure of the Securities and Exchange Commission needs to change but that politicians are reluctant to do so because of their power within the current state of affairs. Go to Source
Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges
Under the Securities and Futures Commission’s licensing regime which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements. Go to Source