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Crypto Assets
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform
The complaint alleges that the duo falsely told investors about one of them creating a “bot” that operated on a crypto asset trading platform.

How BlackRock’s New Fund on Ethereum Got a Very Crypto Welcome
Carlos Domingo, founder and CEO of Securitize, gives the scoop on why Blackrock’s new fund had to launch early and has a suggestion for how to handle dustings of Tornado Cash ETH.

UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
Economic Secretary to the Treasury Bim Afolami has said the U.K. government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months.

Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets
If approved in parliament, the draft bill could see VCs fund Web3 startups in exchange for crypto assets.

White House Takes Aim at Crypto in Scathing Economic Report
The report, authored by the White House Council of Economic Advisers, laid out a number of issues seen within the digital asset ecosystem.

New York Banks Must Seek Advance Permission for Crypto Activity: Regulator
New York State-registered banks will need to seek regulatory permission 90 days before they get involved in crypto assets, even if it's via a third party, according to new guidance from the state banking regulator. "The Hash" panel discusses the latest in the world of crypto regulation.

Australia to Review How Crypto Assets Are Managed
Australia’s new government, led by Prime Minister Anthony Albanese since May 23, will prioritize “token mapping” work in 2022 to “improve the way Australia’s regulatory system manages crypto assets, to keep up with developments and provide greater protections for consumers,” Australian Treasurer Jim Chalmers said via Twitter.

Global Financial Watchdog FSB to Propose Crypto Regulations in October
The Financial Stability Board will recommend ways to oversee stablecoins and other digital assets to the G-20.

EU Watchdog Wants to Address Threat Crypto Assets Could Pose to Financial System
The European Systemic Risk Board is looking into measures and policies to address the potential threat that crypto assets could present to the global financial system.

Morgan Stanley Says Over 100 Crypto Assets Were Created in Past Week, Mainly on DeFi Exchanges
Despite a fall in crypto prices, the creation of digital assets is still high, the bank’s analysts said.
