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Policy
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.

India Clarifies Rules for Controversial Tax Provision Ahead of Start Date
The 1% tax deducted at source for virtual digital assets kicks in on July 1.

Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank Policy
The suspension applies to transfers made via the government's payment system Pix.

EU Finance Commissioner Calls for Speedy Passage of Crypto Law
Mairead McGuinness also said if it were in place, the MiCA framework could also facilitate sanctions implementation.

NYC Mayor Eric Adams Wants State's Governor to Veto 2-Year Moratorium on PoW Mining: Report
The city's pro-crypto mayor plans to ask Gov. Kathy Hochul to veto the bill to stop proof-of-work mining temporarily.

Bermuda's Crypto Companies Are Launching an Industry Association
Bermuda’s Premier David Burt announced the creation of the association during a panel at Consensus 2022 in Austin, Texas.
