President Joe Biden's executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations.
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SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.”
French central bank head announces beginning of wholesale digital euro project phase 2
The French presidency of the European Union winds down with the completion of wCBDC experiments, design of proprietary blockchain and automated market maker platform.
Sri Lanka central bank reiterates crypto warning following protestors seizing president's residence
Thousands of Sri Lankans took to the streets of Colombo in protest of the government’s response to the economic situation in the country.
BoE official compares current crypto market regulation to 'unsafe aeroplanes'
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of "same risk, same regulatory outcome."
U.S. trademark and copyright offices to study IP impact of NFTs
The U.S. Patent and Trademark, and Copyright offices will explore the impact of NFTs on intellectual property rights as lawsuits begin to stack up.
Law Decoded, July 4–11: Access denied for crypto-owning policymakers
An advisory notice from the United States Office of Government Ethics intends to leave the hodlers out of decision-making on crypto.
Report urges central banks to work together on digital currency interoperability
The Bank for International Settlements, the International Monetary Fund and the World Bank say CBDCs should be programmed in advance to avoid interoperability issues.
REPORT: Binance allegedly continued to serve Iranian customers, despite ban and sanctions
Iranian cryptocurrency users claim to have used global exchange Binance months after a company-imposed ban and renewed economic sanctions against the country.
G20 regulator to present global crypto rules in October 2022
The FSB seems more concerned with the crypto market given its recent turmoil and the “increasing interconnectedness with the traditional financial system.”
US crypto regulation bill aims to bring greater clarity to DAOs
The Responsible Financial Innovation Act proposes a comprehensive set of regulations for the digital assets sector, and one potentially impactful section is DAOs.
Binance ban off the cards, says Philippine trade and industry department
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank.
Dutch bank ING sells digital asset tool Pyctor to GMEX
GMEX has acquired ING’s Pyctor business to connect CeFi and Defi amid the increasing demand for hybrid finance.
Terra crash highlights stablecoin risk to financial stability: ECB
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
Grayscale legal officer says Bitcoin ETF litigation could take two years
Grayscale argues that the differences between futures and spot Bitcoin ETFs have no correlation to approvals because prices are based on the same spot Bitcoin markets.
Crypto needs regulation to mitigate risks, says Bank of England exec
Traditional markets have regulations to protect investors from unrecoverable losses, a Bank of England executive recently noted.
Crypto, like railways, Part 2: Blockchain as the new internet planner
Just like railways transformed everyday lives in towns in the early days, blockchain technology continues to shape the format of the internet and its users.
After Terra’s fall to Earth, get ready for the stablecoin era
Did May’s algorithmic stablecoin crashes kill the concept, or is there still a role for fiat-pegged cryptocurrencies?