The international financial community went long form to speak up for its interests as the Basel Committee on Banking Supervision continues to optimize banking regulation.
Decentral Block Post
Law Decoded, Sept. 26–Oct. 3: New episode of Do Kwon saga
Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once.
Tether commercial paper exposure now under $50M, says CTO
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD.
How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine
Some pointed out the regulator's supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star.
The SEC is bullying Kim Kardashian, and it could chill the influencer economy
The feds should have tried to work with Kardashian to establish more transparent norms for influencers rather than slapping her with a $1.26 million fine for promoting EthereumMax.
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose.
Japanese prime minister says gov't investment in digital transformation will include Metaverse, NFTs
According to Fumio Kishida, the government of Japan's investment in digital transformation included issuing NFTs to local authorities using digital solutions.
Kim Kardashian pays SEC $1.26 million to settle EthereumMax charge
The United States SEC charged the American celebrity and influencer for promoting a cryptocurrency asset security without disclosing payments received to her followers.
Binance signs MoU with Kazakhstan to fight financial crime
Binance claimed that its compliance infrastructure is among the best in the world which has helped them gain regulatory approval even in countries where they were deemed illegal until last year.
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months.
California fraud cases highlight the need for a regulatory crackdown on crypto
Recent cases involving crypto fraud serve as a timely reminder to do your own due diligence until regulators take more action. If something sounds too good to be true, it probably is.
Putin gives Snowden citizenship, Interpol elicits help in Do Kwon search and FTX US buys Voyager: Hodler’s Digest, Sept. 25-Oct. 1
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
US senator bill seeks to cushion crypto exchanges from SEC enforcement actions
The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws.
CFTC takes legal action against Digitex futures exchange and CEO
Many in the space have criticized regulators including the CFTC and SEC for taking a “regulation by enforcement” approach to crypto in the United States.
Crypto and decentralization could influence voters in 2022 US midterm elections: Report
"Voters are less likely to support candidates perceived as standing in the way of a decentralized internet,” said Haun Ventures.
45% of ETH validators now complying with US sanctions — Labrys CEO
Labrys CEO Lachlan Feeney is trying to raise awareness amongst validators running Flashbots’ software that they may potentially be contributing to censorship within the Ethereum network.
Texas, Vermont regulators object to Celsius stablecoin sale plan
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.
The 'Brussels Effect' wields real influence over US crypto regulation
The European Union is leading the way when it comes to global cryptocurrency regulations.
Market manipulation claims will be hardest 'nut to crack' in Bitcoin ETF approval — WisdomTree
“We’re all kind of watching this and seeing what’s going to happen,” said WisdomTree's Will Peck on spot Bitcoin exchange-traded funds in the United States.