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Regulations
Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.
EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law
Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets regulation
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
In a letter made public on Tuesday, Chairman Ron Wyden and Ranking Member Mike Crapo sought cryptocurrency industry comment around nine topics.
South Korea Wants Companies to Disclose Crypto Holdings
Under draft rules, companies that issue or own crypto will have to make disclosures in their financial statements starting next year.
Coinbase Goes to Court Against the SEC
Coinbase and the SEC will meet in court this week (for a pre-motion hearing). Here’s what we’re watching.
U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft
The DOJ alleged that Shakeeb Ahmed stole $9 million from a crypto exchange that operates on Solana, through a flash loan attack last year.
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds.
UK Treasury Starts Consultation on Five-Year Digital Securities Trial
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.
Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License
BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.
Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20
Central bankers, wary of displacing their own fiat currencies, pointed to the past year's prominent hacks and collapses.
