Regulations
White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry
A bipartisan agreement on stablecoin legislation was in reach, according to the chair of the House Financial Services Committee, but the ranking Democrat said McHenry halted talks.

Israel Consults Public on DAO Regulation, Sets Up Special Examination Team
The team will examine required corporate status, taxation and other aspects of DAOs to "create legal certainty" and reduce risks, the government has said.

Sam Bankman-Fried Won't Face Campaign Finance Charge, U.S. DOJ Says
The Justice Department said late Wednesday that the campaign finance charge was not included in an extradition document with The Bahamas, and so it would not proceed on the charge.

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
The votes mark the first time crypto-specific bills were advanced on their own merits and not as part of broader legislation.

Pacific Island Group of Palau Starts Stablecoin Trial on XRP Ledger
The country has been distributing PSC (Palau stablecoin) for three weeks and the test will run through August.

Canada Unveils New Bank Capital Rules for Crypto Holdings
New rules for banks and insurers are based on international norms, regulators said.

Craig Wright’s ‘Lies and Deception’ Justify Minimal Damages Claim, UK Judges Say
Wright says he is the true identity of Bitcoin founder Satoshi Nakamoto, and took a libel case against crypto podcaster Peter McCormack

Binance Withdraws German Crypto License Application
The move follows reports it had been rejected by financial regulators, and amid a pullback from markets including Austria, Belgium and the Netherlands

Binance to Reenter Japan in August 2 Years After Regulator's Warning
The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November.

Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank
For many citizens, the central bank digital currency isn't easy to use.
