G7


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G7 Calls for Regulation; Bored Ape Transfer Blocked

Commonwealth Bank of Australia pauses launch of crypto trading on its app. Five South Korean LUNA investors file complaints against Terraform Labs’ co-founders. Terra, UST collapse pushes G7’s call for swift crypto regulation. Singapore court’s block on transfer of Bored Ape Yacht Club NFT tests legal oversight.

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FATF Plenary Kicks Off Today

The Financial Action Task Force, a G7 initiative to develop policies against money laundering and terrorism financing, is holding an ongoing plenary session with cryptocurrency on its agenda. CoinDesk's Nikhilesh De sheds light on what to expect and the implications for the crypto community. He also discusses new observations about the Facebook-backed Diem project, formerly known as Libra.

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House Financial Services Committee to Hold Hearing on Central Bank Digital Currency

Several crypto-related hearings are scheduled in the U.S. Congress this month. The first is being held Tuesday by the House of Financial Services Committee regarding central bank digital currencies (CBDCs). The White House is also reportedly unveiling a national strategy for countering domestic terrorism.

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Treasury Secretary Yellen Says Inflation Could Reach 3% This Year As Recovery Continues

At a G7 meeting this past weekend, Treasury Secretary Janet Yellen said inflation rates could rise as high as 3% through the rest of 2021 but maintained this price increase is probably transitory. “The Hash” panel connects the dots to the crypto markets.

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Former CFTC Chairman Warns G7 Nations of Perils Getting CBDCs Wrong

Former CFTC Chairman J. Christopher Giancarlo says the U.S. has the opportunity to create a digital dollar with "aspirational desire" that protects user privacy rights and distinguishes itself from other CBDCs that may surveil its users.

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G-7 Financial Leaders To Discuss CBDCs and Other Looming Crypto Questions Friday

As G-7 financial leaders meet Friday to discuss digital currency and digital taxation, coordinated efforts on part of the G-7 to set a standard for CBDCs are forthcoming. Global crypto leader Henri Arslanian weighs in on the potential impact on the rest of the world.

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