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Regulation
The US Inches Closer to Stablecoin Rules
The question now shifts from “How will the U.S. government regulate stablecoins?” to “What will stablecoin issuers have to do?”

Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval
Analysts expect that approval to fuel a fourth-quarter crypto rally.

Stablecoin Issuers Could Soon Face Bank-Like Regulations
The Treasury Department’s highly anticipated report on stablecoins is expected to be released in late October.

Rep. Emmer: Government Is ‘Trying to Gain Control Over’ Crypto
Speaking on CoinDesk TV’s “First Mover,” the congressman said crypto came into focus for Congress following the infrastructure bill debate.

IMF Says Crypto Boom Poses Challenges to Financial Stability
The organization says more regulation is needed.

Gary Gensler Says Crypto Is a ‘Wild West.’ Others See Pure Capitalism
The SEC chairman wants to marry financial innovation to the regulatory state. Crypto wants a divorce.

SEC Crypto Regulations Need ‘Even Application,’ Says A16z’s Katie Haun
Speaking at CNBC’s investor summit, she also said regulations can’t be “one size fits all.”

S. Korea Bans Virtual Asset Services Staff From Trading Their Platform’s Tokens
Just days after the registration deadline for VASPs, South Korea announced another regulatory requirement.

CFTC’s Berkovitz to Become Top Lawyer at SEC
He will join former colleague Gary Gensler as the SEC’s general counsel in November.

Huobi Appears to Have Suspended Mainland China for New User Registration
The move came after China announced tougher measures on crypto trading.
