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crypto regulatioin
Pakistan to Set Up Council to Oversee Crypto Policy: Report
The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.
First Mover Asia: Solana in the Green After Weekend Deep Freeze
ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts.
Former White House Adviser: Biden's Executive Order on Crypto Is 'Balanced' but ‘Gaps’ Remain
Carole House, co-author of President Biden’s executive order on crypto, discusses why the framework is “balanced” in mitigating risks but still has existing gaps.
Crypto’s Very Human Fatal Flaw: Hero Worship
Misplaced admiration of Sam Bankman-Fried, prior to the FTX collapse, was a natural tendency. To move forward, we must recognize this vulnerability and safeguard with appropriate regulation.
TradFi Regulations Can Be Applied to Crypto – to an Extent, CFTC Commissioner Says
Christy Goldsmith Romero also said Congress needs to act to provide clarity about what agency should oversee the crypto spot market.
Solana Labs Faces Lawsuit; US Bans Crypto Holders From Writing Government Policies
A class action suit filed in California federal court accuses key players in the Solana ecosystem of illegally profiting from SOL. Separately, U.S. officials who invest in crypto are now banned from working on crypto-related policy that could affect the value of their assets.
US Senators’ Crypto Bill; India’s Crypto Taxes Bite
Industry players weigh in after US crypto bill unveiled. Indian crypto exchange WazirX warns of tough year ahead. Singapore’s ADDX to recognize crypto assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
DOJ Charges Former OpenSea Exec With NFT Insider Trading
Former OpenSea staffer Nate Chastain was charged on June 1 with wire fraud and money laundering after trading on confidential information about which NFTs were about to be featured on OpenSea. It’s the first DOJ has pursued an “insider trading” charge involving digital assets.
UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks
During testimony before the Senate Banking and Urban Affairs Committee on Tuesday, U.S. Treasury Secretary Janet Yellen said the depegging of UST reveals the risks to financial stability and the need for a regulatory framework on stablecoins. CoinDesk's Nikhilesh De discusses Yellen's comments and the outlook for stablecoin regulation.
SEC Chairman Gensler: SEC Should Be ‘Ready to Bring Cases’ Involving Crypto
U.S. Securities and Exchange Commission (SEC) chief Gary Gensler said Thursday federal financial regulators should “be ready to bring cases” against bad actors in crypto and other emerging technologies. “The Hash” team weighs in.