International Standard Setters Publish Guidance on #Stablecoin Regulations; Terra’s stablecoin $UST collapse in May stirred regulators across the world to call for further regulation #Crypto Source👇

Lawyers representing #3AC's creditors say the physical whereabouts of #ZhuSu and Kyle Davies are "currently unknown." The court filing from Friday also alleges that the founders have not yet begun to cooperate with the liquidation process "in any meaningful manner."

BREAKING: Court Gives OK to Sue on Blockchain. According to court documents made public this week, an UK judge gave the go-ahead to serve legal documents over the #blockchain ledger by a nonfungible token #NFT for the first time.

The SEC has announced that it is giving the green light to funds that utilize derivatives to take a leveraged or inverse position on single securities.

NOW: Indian Finance Minister calls for global #collaboration on #cryptocurrencies, assessing their 'pros and cons' to form a common standard and taxonomy.

🚨BREAKING: Hacker steals $375,000 from users of Premint #NFT platform premint.xyz by injecting a malicious piece on the JavaScript code.

TODAY: Zipmex suspends withdrawals just moments after the #crypto exchange CEO denied rumors of #financial trouble.

Earlier this year, Coinbase made a “strategic investment” into #crypto exchange Zipmex, who now suspends withdrawals because of alleged financial problems. The amount of the #invesment has not been disclosed yet.

#Putin today signed into law a national ban on using digital assets for payments.  The action comes after the Russian government and central bank have long debated what to do about #cryptocurrency.

The #FBI recently issued a warning to consumers about fraudulent #crypto applications that have scammed 244 victims out of about $42.7 million since October 2021.

BREAKING: South Korea launching Digital Assets Committee to regulate #Bitcoin and #Crypto.

BREAKING🚨: Coinbase's former employee arrested and charged with wire fraud on Thursday. His brother and friend also face charges in connection to an inside #trading scheme, which profited them at least $1.5 million, according to law enforcement officials. #Cryptocurrency

#Coinbase Global Inc. is facing a US probe into whether it improperly let Americans trade digital assets that should have been registered as securities, according to three people familiar with the matter. The company’s shares dropped as much as 9.2%.

Indian #crypto exchange WazirX is being investigated over claims that $350 million was laundered on the platform.

Everything can be fake these days. Stay cautious crypto enthusiasts 😌 coindesk.com/layer2/2022/08…

NOW: Portugal’s biggest banks are closing the accounts of digital-currency #exchanges, something that could deal a blow to one of Europe’s most #crypto-friendly destinations.