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Policy & Regulation
Jun 21, 2023
Lawmakers are wrong to target Gary Gensler
Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime, consider moving to the European Union.
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Jun 21, 2023
Banning crypto ‘may not be effective in the long run’ — IMF
After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean.
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Jun 21, 2023
Santander, Crédit Agricole asset arm receives French crypto custody license
CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations.
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Jun 21, 2023
US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried’s arrest
The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried’s charges and arrest had been publicly available at the time.
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Jun 21, 2023
Limited generative AI usage to be allowed in Japanese schools
The Japanese Ministry of Education plans to allow limited use of generative AI, like ChatGPT, in elementary, junior high and high schools across the country.
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Jun 21, 2023
Ripple gets in-principle nod for digital asset services in Singapore
Ripple says the “in principle” approval will help scale its “On-Demand Liquidity,” the service it uses to source XRP liquidity to customers.
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Jun 20, 2023
Valkyrie joins rush with BTC spot ETF application to go with its futures, miners ETFs
The cryptocurrency fund manager is at least the fourth to seek a BTC spot ETF listing in the last week; Fidelity is rumored to be preparing to apply, too.
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Jun 20, 2023
Binance, Binance.US and CZ allege SEC made ‘misleading’ statements on exchange assets
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise.
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Jun 20, 2023
Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says
The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing.
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Jun 20, 2023
US lawmakers propose bills to hold bank execs accountable for failures and address risks
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank.
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