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Regulation
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.

Market Wrap: Bitcoin Ends Week Notching 14% Gain
The largest cryptocurrency by market capitalization also surpassed $1 trillion again this week.

Regulatory Uncertainty a Recurring Theme at London’s Token2049
The crypto community needs to do a better job of lobbying and educating politicians, said Galaxy Digital chief Mike Novogratz.

US Wants to Regulate Stablecoins First
Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.

Northern Data Slumps as Market Manipulation Allegations Surface
Investors have lost about $300 million after reports BaFin filed a complaint against the company.

FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’
The international body said last year’s recommendations on global stablecoin regulation were still at an “early stage.”

How to Talk to Your Legislator About the Crypto Safe Harbor
The Peirce/McHenry proposal is a healthy middle ground for regulation.

A16z Recommends US Regulate Crypto With Decentralization in Mind
The venture capital firm makes four proposals to Congress.

DOJ to Launch National Crypto Enforcement Team: Report
U.S. Deputy Attorney General Lisa Monaco unveiled the initiative during a virtual speech at the Aspen Cyber Summit on Wednesday.

Ukraine’s President Rejects Crypto Bill, Demands Changes
Volodymyr Zelensky wants the country’s securities commission to regulate crypto.
