Regulations
U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud
Michael Hsu, the acting chief of the U.S Office of the Comptroller of the Currency that oversees banks, is excited about the possibilities of tokenization to solve settlement problems.
U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
Coinbase Adds 4 National Security Experts to Its Global Advisory Council
Coinbase has been embattled in efforts to legitimize crypto in the U.S. and is fighting the U.S. Securities and Exchange Commission (SEC) in an unregistered-securities dispute.
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.
Indian Police Arrest 8 More in $300M Crypto Scam: Report
Four cops were among those arrested, while the operation's alleged kingpin, Subhash Sharma, remains at large, according to local media reports.
UK Financial Watchdogs Publish Plans to Regulate Stablecoins
Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.
FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets
Apart from using an investment adviser, the debtors have proposed setting up a pricing committee in which all stakeholders are represented.
Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner
The U.S. derivatives regulator proposed a new rule for how regulated firms should invest clients' funds, but a CFTC commissioner pointed out it doesn't address LedgerX.
Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab It for Treasury
While convicted traffickers sought the best off-shore destination for crypto riches, U.S. authorities say they listened in and pounced on the ill-gotten gains from darknet drug sales.
Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing
Recent reports that terrorism organizations such as Hamas pocketed as much as $130 million in crypto funding have been proved incorrect but were resurrected in Congress today.
