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Policy
US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston, Texas.
India's Crypto Industry Advocacy Body Disbanded
The Blockchain and Crypto Assets Council was the country's only crypto lobbyist group.
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
The Catawba Digital Economic Zone in South Carolina hopes to attract crypto companies to remotely incorporate under its laws.
International Standard Setters Publish Guidance on Stablecoin Regulations
The two groups recommend that stablecoins be treated the same as other assets that perform a transfer function.
France Starts Second Stage of Wholesale CBDC Experiments, Central Bank Governor Says
Banque de France head François Villeroy de Galhau said the work ensures that France stands ready to bring central bank money as a settlement asset as early as 2023.
International Securities Regulator IOSCO to Focus on Global DeFi, Crypto Rules
In its first two years, the global standard-setter's new fintech task force will concentrate on setting up policy recommendations for digital assets.
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.
Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested
A new legal advisory from the Office of Government Ethics bars federal workers who own crypto from working on policies that could influence the value of their digital assets.
Singapore's Central Bank Weighs Further Safeguards on Retail Crypto Trading
The Monetary Authority of Singapore may introduce rules on the use of leverage in crypto transactions.
No AML Checks For Most Transfers To Unhosted Crypto Wallets, EU Policymakers Decide
A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers and largely overturned a proposal from the EU Parliament to impose laundering checks on all payments to private wallets.
