Crypto

(Tom S/Unsplash, modified by CoinDesk)
Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters
A draft document reviewed by Reuters is due to be approved by the cabinet later Thursday.
(Tom S/Unsplash, modified by CoinDesk)

Binance (Nikhilesh De/CoinDesk)
Binance Fined $2.2M by India’s Financial Intelligence Unit
Binance became the first offshore crypto-related entity, along with KuCoin, to be approved by India’s Financial Intelligence Unit (FIU) in May, conditional to paying a penalty...
Binance (Nikhilesh De/CoinDesk)

Unchained Wide
Anthony Scaramucci on Why He Supports Biden and Thinks He, Not Trump, Is Best for Crypto
Trump’s former director of communications explains why he believes the industry “has already won,” and why he doesn’t trust Trump’s “impulsivity” when it comes to crypto.
Unchained Wide

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)
Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

The Mining Pod With Will Foxley Wide
Powering Texas’ Mining Boom With Ryan Nuckolls
What does it take to mine Bitcoin in Texas? We found out in this episode with Ryan Nuckolls from DIG.
The Mining Pod With Will Foxley Wide

FTX victims view the bankruptcy process as a "second act of theft," file to recover $8 billion in forfeited assets. (Adobe Firefly)
FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
Attorneys for the victims said the bankruptcy process has left FTX customers feeling "aggrieved and robbed."
FTX victims view the bankruptcy process as a "second act of theft," file to recover $8 billion in forfeited assets. (Adobe Firefly)

The Protocol Wide
The Major Narrative in the Blockchain Space | Interoperability
Sergey Gorbunov on Axelar's Focus on Security and Programmability
The Protocol Wide

Sydney, Australia. (Johnny Bhalla, Unsplash)
Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck
The fund will provide investors exposure to bitcoin by investing in the VanEck Bitcoin Trust ('HODL') which is a United States ETF listed on the Cboe BZX Exchange, Inc (Cboe).
Sydney, Australia. (Johnny Bhalla, Unsplash)

SEC (Nikhilesh De/CoinDesk)
U.S. SEC's Crypto Enforcer David Hirsch Quits
Hirsch was the chief of the crypto asset and cyber unit in the Division of Enforcement at the U.S. SEC.
SEC (Nikhilesh De/CoinDesk)

Bloomberg Editor Stacy Marie Ishmael, Financial Stability Board Chair and Dutch Central Bank Governor Klaas Knot at the World Economic Forum's annual meeting in 2023. (Nikhilesh De/CoinDesk)
Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies
Members of the global financial stability body discussed areas that "warrant further attention" in the crypto sector during a meeting in Toronto last week.
Bloomberg Editor Stacy Marie Ishmael, Financial Stability Board Chair and Dutch Central Bank Governor Klaas Knot at the World Economic Forum's annual meeting in 2023. (Nikhilesh De/CoinDesk)