SEC Issues Crypto Guidance and Safe Harbor Plan

The US SEC has released long-awaited guidance classifying cryptocurrencies into five categories, with securities laws applying only to digital securities. Chair Paul Atkins also proposed a safe harbor to ease token sales and fundraising for crypto firms.

Banks Keep £100 Contactless Limit After FCA Scraps Cap

Major UK banks have decided to retain the £100 limit for contactless card payments, even though the Financial Conduct Authority has removed the official cap. This move comes amid concerns over fraud and consumer demand.

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