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IMF to prefer regulating crypto than banning it outright: Report

On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban.

Crypto lawyers flame Gensler over claims that all crypto are securities

Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims saying the SEC has no legal standing to police the space.

FSB, IMF and BIS papers to set global crypto framework, says G20

A series of recommendations and papers setting standards for a global crypto regulatory framework will be released by the institutions in July and September.

FTX Japan allows total withdrawal of funds; users rejoice the 'escape'

Numerous community members have confirmed that all their money has been paid out. However, the FTX investors watching from the rest of the world remain hopeful of a similar outcome.

Colombia’s legal system experiments in the metaverse: Report

Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse.

GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO

Grayscale Investments' boss, Michael Sonnenshein, said that if GBTC got the green light to "convert" to a spot BTC ETF there would "no longer" be a discount or a premium, amid ongoing legal action against the SEC.

SBF’s new charges, Shapella’s fork date and emojis as financial advice: Hodler’s Digest, Feb. 19-25

Top Stories This Week Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges Former FTX CEO Sam Bankman-Fried (SBF) was charged on four new criminal counts by a federal judge presiding over his case. According to a superseding indictment, there are now 12 criminal charges against Bankman-Fried, including eight conspiracy charges related to fraud […]

U.S. Treasury Janet Yellen calls for 'strong regulatory framework' for crypto activities

On the sidelines of the G20 meeting, U.S. Treasury Secretary Janet Yellen said the country is not pushing for an outright banning of crypto activities.

The limitations of the EU’s new cryptocurrency regulations

By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent?

US agencies recommend old risk management principles for crypto liquidity

The joint statement highlighted the key liquidity risks associated with crypto-assets and related participants for banking organizations.

Coordinated global crypto policies: G20 key financial stability priority

India's finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms.

Sam Bankman-Fried's lawyers request extension for bail condition proposal

According to the legal team representing Sam Bankman-Fried, prosecutors had no objections to continuing his bail conditions until the firm could choose a suitable technical expert.

IMF offers Jordan’s central bank recommendations for implementing retail CBDC

The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report.

Change lies ahead for haphazard crypto regulation

Regulators have been slow to act on cryptocurrency, according to Dr. Jonathan Reichental, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead.

Yield platform Stablegains sued for promoting UST: Finance Redefined

DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.

FATF agrees on roadmap for implementation of crypto standards

Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions.

5 ways CBDCs could impact the global financial system

CBDCs could revolutionize the financial system by increasing efficiency, transparency and financial inclusion while reducing the use of cash.

Bitcoin retirement plans elicit caution from regulators

Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now.

IMF says no crypto as legal tender; community disagrees

A community member believes that the space will look back to this moment once it succeeds in making the world decentralized.

Emojis count as financial advice and have legal consequences, judge rules

Former SEC branch chief Lisa Braganca warned the public of the legal consequences of using the emojis.

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