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Latest from Cheyenne Ligon
Worldcoin, Now Valued at $1B, Has Grand Plans to Get You to Gaze Into the Orb
A16z and Coinbase Ventures are betting big billions of people will line up to gaze into “The Orb” in exchange for crypto. Over 130,000 already have.

The UK’s Tax Collector Is Sending Crypto Investors ‘Nudge’ Letters: Report
The letters are meant to be “educational” and do not necessarily mean a recipient is at fault.

Steam Boots Blockchain-Based Video Games From Its Platform
The company behind Steam updated its rules and guidelines to prohibit applications that issue or allow cryptocurrencies or NFTs to be exchanged.

Crypto Finally Makes the Cut in OCC’s 2022 Bank Supervision Operating Plan
Though the Office of the Comptroller of the Currency (OCC) has been looking into the crypto industry since at least 2018, this is the first time crypto has been included in the regulator’s annual operating plan.

Coinbase Proposes US Create New Regulator to Oversee Crypto
The Digital Asset Policy Proposal suggests Congress pass legislation to define how digital assets are overseen.

IMF Views ‘Cryptoization’ as Threat to Global Economy
In its semi-annual Global Financial Stability Report, the IMF says the adoption of a cryptocurrency as national currency “carries significant risks and is an inadvisable shortcut.”

SEC Approves Volt Equity’s Crypto Stock ETF
The fund, which will not hold cryptocurrencies directly, will be listed on the New York Stock Exchange under the ticker BTCR.

Gensler’s Crypto Testimony: 6 Key Takeaways
The SEC chairman laid out his stance on crypto regulation during a House Financial Services Committee hearing on Tuesday. CoinDesk breaks it down.

SEC Chair Gensler: A Ban on Crypto Would Be ‘Up to Congress’
In a Tuesday hearing, Gensler told the House Committee on Financial Services that the SEC has no plans to ban crypto.

DOJ to Launch National Crypto Enforcement Team: Report
U.S. Deputy Attorney General Lisa Monaco unveiled the initiative during a virtual speech at the Aspen Cyber Summit on Wednesday.
