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Policy
SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver
“What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver.
South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the effect of tokenization on domestic markets.
U.S. Drilling Down on Crypto Miners' Energy Use Draws Ire From Community
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.
UK Police Seize Nearly $1.8B of Bitcoin From Investment Fraud in China: FT
A London court heard of the seizure Tuesday as part of the trial of Jian Wen, who is accused of laundering bitcoin on behalf of her former employer, Yadi Zhang, FT reported.
Test and Deploy: A New Era for CBDCs
Live CBDCs have been met with underwhelming demand. However, some central banks are pushing ahead with more modestly-scaled efforts laser focused on specific use cases.
Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.
Revolut to Suspend UK Crypto Services, Citing FCA's New Ad Rules
Many crypto firms have had to withdraw their services to adjust to the Financial Conduct Authority's promotions rules which came into effect in October.
Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says
EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel told CoinDesk.
Turkey’s Banking Giants Go Big on Crypto as Legislation Looms
This week, two of the country’s largest banks announced crypto initiatives.
Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB
A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."
