SEC Suggests Settlements for FTX Insiders, South Korean Crypto Counterfeiting Operation Disrupted, Poland Reintroduces Crypto Legislation | Weekly Summary
SEC Settlement Proposals: The SEC proposed settlement agreements for former FTX executives who testified against Sam Bankman-Fried during his trial, addressing regulatory charges against those who cooperated with prosecutors.
Counterfeit Currency Bust in South Korea: South Korean police dismantled a criminal operation that manufactured fake currency to defraud cryptocurrency traders, seizing a significant amount of counterfeit bills.
Poland Revives Crypto Legislation: Poland's parliament passed comprehensive cryptocurrency legislation, reviving a previously rejected version of the Crypto-Asset Market Act.
Coinbase and Market Developments: Coinbase is expanding its platform to include traditional stock trading and has received approval for a minority stake in CoinDCX, while also challenging state restrictions on prediction markets.
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