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Regulations
US Tether Bank Fraud Investigation Changes Hands Within the DOJ: Report
The U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.

Monetary Authority of Singapore Completes Phase 1 of CBDC Project, With More Trials to Come
The first part of the project found there was no urgent need for a retail CDBC, although the bank said it wanted to be prepared in case that changes.

Crypto Lobbyist Group Blockchain Association Asks Court for Permission to Support Ripple Against SEC Case
The Internet Choice Advocates Network and SpendTheBits also filed amicus briefs.

CFTC Staff Recommends Rejecting Kalshi's US Election Contracts: Bloomberg
Commissioners would still need to vote on the advice.

Reading Elon’s Tea Leaves
Musk took over Twitter. We still don’t know what that actually means for free speech.

Prediction Market Kalshi Signals It Sees CFTC's Blessing for Midterm Election Bets
A countdown clock on its website ends today, indicating the service is optimistic regulators will let it offer contracts for the Nov. 8 election.

UK Stablecoin Rules Approved by Lawmaker Committee
Rishi Sunak’s government said it wants to 'tentatively seize' crypto opportunities as it prepares to widen the regulatory net.

Crypto Echoes Risks of 2008 Financial Crisis, Says US CFTC Commissioner
Christy Goldsmith Romero says CFTC oversight would be an answer to potential financial stability risks brewing in the industry.

Vietnam's Prime Minister Says Country Needs to Regulate Crypto
Lawmakers have been pressuring Pham Minh Chinh to clarify his stance toward virtual assets, which aren’t recognized as property yet.

UK Police Have Crypto Experts Stationed Nationwide
The police have managed to seize and store up hundreds of millions of pounds worth of cryptocurrency, but welcomes planned laws to ease seizures of crypto linked to crime and terrorism.
