Regulations News Post

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’

A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.

US lawmakers allege CCP connection in calling for SEC, DoJ investigation of Prometheum

Republican members of Congress stepped up their allegations of Prometheum's ties to the Chinese Community Party, claiming potentially false or misleading statements to the SEC.

From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10

South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023.

Parliamentary report recommends Canada recognize, strategize blockchain industry

“Canada punches above its weight” in blockchain innovation, parliamentarians conclude, but lots more should be done to encourage the industry.

Grayscale lawyers refer to SEC allowing Volatility Shares' investment vehicle in push for ETF

According to Grayscale, the Volatility Shares ETF was an “even riskier" product than Bitcoin futures ETFs, suggesting the SEC should allow its spot crypto ETF to begin trading.

Legal proceedings start for Terraform Labs co-founder in South Korea: Report

Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea are reportedly underway.

Research: There could be 24 CBDCs live by 2030

93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money.

MiCA's stablecoin transaction cap stifles crypto adoption, say lawyers

With a $216 million cap to be imposed on stablecoins such as USDT and USDC, some say crypto adoption could be “stifled” under MiCA unless it changes.

Canada's court deem emoji valid as a contract agreement: Report

The case sought to determine whether a Canadian farmer had agreed to sell tons of flax to a grain buyer in 2021 by replying with a thumbs-up emoji.

Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami's conference

The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin.

BlackRock bullish on Bitcoin, Gemini CEO’s ‘delusion,’ and CEXs’ unhappy staff: Hodler’s Digest, July 2-8

BlackRock’s PR campaign for a Bitcoin ETF, Gemini’s fight with DCG over Earn program funds, and CEX employees’ sentiment.

Coinbase was aware of securities law violations, the SEC claims in letter

According to the SEC, Coinbase recognized the probability that federal securities laws would apply to its operations, openly informing its shareholders about the risk.

Crypto.com petitions US court to uphold arbitration decision for mistakenly sent $50K

The exchange said it “erroneously deposited” $50,000 into a user’s account in June 2022, receiving no response to requests to return the funds.

ETF approval may boost Bitcoin's liquidity, but it won't be a game changer — JPMorgan

According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest.

Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program

Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program.

George Bachiashvili's lawyer denies $39M Bitcoin misappropriation charges

The Prosecutor’s Office of Georgia alleges that billionaire George Bachiashvili misappropriated 8,253.13 Bitcoin in 2017, worth $39 million at the time.

Why Coin Stories’ Natalie Brunell doesn’t want a Bitcoin ATH anytime soon: Hall of Flame

Coin Stories host Natalie Brunell explains why she doesn’t want her own prediction of a new Bitcoin ATH within two years to come true.

European trade body warns against the exclusion of DeFi from MiCA

The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization.

Why a Bitcoin ETF approval would be a big deal

Bitcoin ETFs are back in the spotlight after several companies filed with the SEC. This week’s episode of Market Talks discusses why approval would be a big deal for Bitcoin.

Canadian regulator explains stance on crypto staking, lending for investment funds

Staking is still allowed, while the lending opportunities are limited and the proportion of "illiquid" assets is restricted.

Image