SEC cancels key crypto regulatory meeting
The SEC canceled a meeting on proposed crypto offering rules after the Senate left for recess without voting on the CLARITY Act. Source：Cointelegraph
Cluster of headwinds weigh on bitcoin. XRP teeters near $1
Top cryptocurrencies nurse losses as regulatory picture sours. ETF flows and traditional markets offer little support. Source：CoinDesk
U.S. SEC to again delay 'innovation exemption' for tokenization amid Wall Street, White House concerns
The SEC was ready to release at least some part of the innovation exemption alongside its nowcanceled open meeting for "Reg Crypto" on Friday. Source：CoinDesk
SEC cancels long-awaited proposal of Reg Crypto, postponing meeting without new date
The first major crypto rule to be proposed by the U.S. Securities and Exchange Commission will have to wait a bit longer after a sudden postponement.…
Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sangho faces prison time in South Korea.…
CFTC to join SEC in exploring crypto regulations without CLARITY bill
The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and…
Crypto group backs Custodia in Supreme Court battle over Fed access
The Blockchain Association argues the Fed should not have broad discretion to deny eligible statechartered banks direct access to its payment system.…
Bullish shares jump 10% as Q2 adjusted EBITDA more than triples
The crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high.…
Crypto for Advisors: The crypto advice gap
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.…
B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth
The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers…
Swissquote cuts full-year guidance as 1H crypto income plunges, shares slide
The online bank cut fullyear revenue and profit forecasts after firsthalf crypto trading levels slumped. Source：CoinDesk
Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam
A South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100…