Binance Under Investigation in France for ‘Aggravated’ Money Laundering

Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks.Source

Professional Investors Still Have an Appetite for Digital Assets: Survey

A survey by Nomura’s digital asset subsidiary shows investors overwhelmingly say digital assets represent an important diversification opportunity.Source

Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments

An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.Source

Binance to Quit Netherlands After Failing to Acquire License

The crypto exchange’s attempt to secure a virtual asset service provider (VASP) license from the Dutch regulator was unsuccessful.Source

Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook

Total crypto market capitalization rose nominally with dogecoin (DOGE) leading gains among major tokens.Source

Avantgarde, Agio Digital Unveil Institutional Onchain Funds Platform

The platform will allow for users to set up fully regulated on-chain funds.Source

OKCoin Accused by FDIC of Making False Claims About Customer Protections

OKCoin must scrub misleading statements that suggest its customers’ accounts are protected by the U.S. Federal Deposit Insurance Corp. (FDIC), the U.S. banking regulator ordered late Thursday, complaining the company is making false claims.Source

U.S. Court Will Rule on Terraform Labs’ Push to Dismiss SEC Lawsuit Within a Month

Was UST a security because it was designed for practical uses rather than as an investment?Source

First Mover Asia: Hong Kong as Crypto Hub? The City’s Strict Banking Requirements May Be an Obstacle

A Hong Kong-based entrepreneur says that while the digital assets regulation is “overall friendly,” banking regulations will make the industry’s growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.Source

Aave’s Decentralized Social Media Platform Lens Protocol Releases New Governance Model

Lens Improvement Proposals (LIPs), which is inspired by Ethereum and Aave, is an attempt to create a framework for developers, creators and users to participate and have a voice in the decision-making process of Len’s future development.Source