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Crypto
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.

Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations
IOSCO denied crypto industry requests for a bespoke regime for stablecoins while requiring closer cooperation between regulators in promotional material.

UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say
The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.

Blockchain.com Closes $110M Raise: Bloomberg
The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.
