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Regulation
Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets under the latest plan for U.S. legislation still being negotiated by leaders of the House Committee on Financial Services, according to a CoinDesk source. CoinDesk's Nikhilesh De joins First Mover to discuss.


SEC’s Gary Gensler Sees Plenty of ‘Noncompliance’ Across Crypto Industry
SEC Chair Gary Gensler spoke on Bloomberg TV Tuesday, addressing questions around crypto regulation.

'Singapore-based' Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says
Troubled companies like Three Arrows – reported by the media as being based in Singapore – have "little to do" with local crypto regulations, said the head of the Monetary Authority.

Cryptocurrency Exchange Crypto.com Expands to Italy
It's the latest expansion step after approvals in Greece, Singapore and Dubai.

‘Crypto and DeFi Won’t Disappear’: Hong Kong Monetary Chief
Hong Kong Monetary Authority CEO Eddie Yue tells a G20 meeting that crypto and decentralized finance will remain significant forces.

Coinbase Secures Regulatory Approval in Italy
The crypto exchange joins Binance in gaining clearance in that country.

Binance Fined $3.4M by Dutch Central Bank
The crypto exchange was penalized for failing to register in the Netherlands.

What to Expect From Celsius Bankruptcy Case Hearing
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De explains what to expect ahead of Celsius Network’s bankruptcy case kicking off Monday.

Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections
Deputies were originally scheduled to consider the text this week, which has already been approved by the Senate.
