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Latest from Nikhilesh De
The US Inches Closer to Stablecoin Rules
The question now shifts from “How will the U.S. government regulate stablecoins?” to “What will stablecoin issuers have to do?”

Kraken to Pay $1.25M Fine After Settling Charges With CFTC
The CFTC alleged the exchange offered illegal margined crypto products without registering with the agency.

US Senators Propose Tracking Foreign Crypto Mining
The U.S. “must get a better handle” on how cryptocurrencies are used worldwide, Sen. Hassan said.

Crypto Regulation, Ransomware and OFAC’s Rise
The Treasury Department’s Office of Foreign Asset Control has quietly been very busy.

SEC Hints at Tether Probe in Records Request Denial
The U.S. regulator cited a law enforcement exemption in denying a Freedom of Information Act request about Tether, though this doesn’t necessarily mean any charges will be filed.

Biden to Nominate Crypto Critic as Top Bank Regulator: Report
Cornell University Professor Saule Omarova has criticized cryptocurrencies in the past.

Crypto Companies Continue ETF Proposal Spree With Bitcoin, DeFi Filings
Tuesday regulatory filings show Amplify, Invesco and Galaxy Digital submitting a pair of crypto ETF bids to the SEC.

Coinbase to Propose Crypto Regulations to US Officials: Sources
Coinbase is said to be working on a pitch to federal regulators on how to oversee the crypto industry.

US Sanctions Enforcer Blacklists a Crypto Exchange for First Time
The Treasury’s Office of Foreign Assets Control labeled Suex.io a “specially designated national,” putting the exchange in a category with suspected terrorists.

Witness the Rise of the Crypto Nominee
Nominees for federal office are increasingly coming with crypto knowledge.
