The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like traditional finance.

https://news.bitcoin.com/britain-announces-plans-for-robust-crypto-rules-launches-consultation/

Despite 2018 being a tough year for cryptocurrencies, a new survey by financial advisory firm deVere Group found that 82% of wealthy clients have considered investing in digital assets like Bitcoin [BTC] in 2022.

https://ambcrypto.com/crypto-attracts-more-millionaires-according-to-new-study-details-inside/

Suitors for BlockFi's distressed assets have until February 20 to make their bids following fresh approval from the bankruptcy court.

https://decrypt.co/120265/defunct-crypto-lender-blockfi-granted-approval-sell-assets

The U.S. estate of the bankrupt crypto exchange doesn't reckon the Turkish authorities are going to cooperate, after their seized local assets in November

https://www.coindesk.com/policy/2023/01/30/ftx-seeks-to-remove-turkish-units-from-bankruptcy-case/

The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board's latest action does not preclude a state member bank or prospective applicant from providing crypto-assets safekeeping services.

https://news.bitcoin.com/us-federal-reserve-board-issues-policy-statement-that-limits-banks-crypto-related-activities/

Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.

https://www.coindesk.com/business/2023/01/25/crypto-exchange-bithumb-owners-arrest-requested-by-south-korean-prosecutors-report/

Deribit is setting up shop in Dubai as it seeks to shore up confidence in its platform among its trading clients.

https://www.theblock.co/post/205680/deribit-seeking-dubai-license-to-maintain-crypto-options-dominance

Genesis creditors are suing Digital Currency Group (DCG) and its CEO Barry Silbert for alleged violations of federal securities laws, according to a press release on January 23.

https://cryptoslate.com/genesis-creditors-launch-class-action-lawsuit-against-dcg-barry-silbert/

As the ripple-SEC litigation progresses, crypto lawyer and XRP amicus curiae John Deaton has said that U.S. crypto regulation is not on the horizon. According to Deaton, there is little chance of reasonable crypto legislation being enacted in the United States any time soon.

https://coinpedia.org/news/crypto-attorney-says-crypto-regulation-is-not-coming-to-the-u-s-heres-why/

Leading crypto bank Silvergate revealed that its exposure to the bankrupt crypto lender Genesis was less than $2.5 million as of Jan. 19.

https://beincrypto.com/silvergate-has-minimal-2-5m-exposure-to-bankrupt-genesis/

Genesis' first hearing in its bankruptcy case is set for January 23.

https://www.coindesk.com/business/2023/01/20/first-hearing-in-genesis-bankruptcy-case-set-for-monday/

Following the collapse of FTX, the company has decided to rebrand and exit the crypto space.

https://cointelegraph.com/news/ftx-linked-moonstone-bank-to-exit-the-crypto-space

The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership.

https://cointelegraph.com/news/digital-dollar-project-urges-us-to-take-action-on-cbdc-development

Speculation on ‘Crypto Twitter' started going wild after a Department of Justice announcement early on Wednesday regarding a following press release. With very vague and non-descriptive language, the DoJ made an announcement that a press release detailing “International Crypto Enforcement Action” was to follow in the hours following the release.

https://bitcoinist.com/crypto-reacts-dojs-announcement-comedic-relief/

ETF Think Tank Director of Research Cinthia Murphy joins Yahoo Finance Live anchors Seana Smith and Dave Briggs to discuss the state of crypto ETFs amid the broader crypto market downturn over the past few months.

https://www.youtube.com/watch?v=SOmfINKqsUw