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Regulations
White House Calls for Crypto Mining Standards to Minimize Environmental Impact
The report is the first public response to U.S. President Joe Biden's executive order on crypto, and also called for standards to be set to reduce energy usage.

International Regulators Struggle With How to Oversee DeFi
Standard setters want to tackle the growing decentralized finance sector, but they aren’t sure how to do it.

Crypto Doesn't Need More Guidance, SEC Chair Gensler Says
The Securities and Exchange Commission chief said the regulatory agency’s existing rules provide a clear roadmap for crypto companies, despite what they want.

Israel's Markets Regulator Grants First Crypto License to Private Company: Report
Hybrid Bridge Holdings is the first company to receive a permanent license from the country's capital markets authority to engage in crypto-related business activities, Globes reported.

ECB Hikes Interest Rate 75 Basis Points as Inflation Hits
Crypto markets reacted calmly to the mammoth rise, but it may presage further aggressive action by central banks

Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
While a bankruptcy court should appoint an independent examiner to investigate Celsius’ financials, the examiner should not work for the U.S. Trustee’s office, a group of Celsius borrowers said.

Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says
Fed Vice Chair for Supervision Michael Barr said crypto activity needs similar oversight to traditional bank activities, in his first speech since taking office.

A Stablecoin Law May Not Happen This Year
It’s looking less likely that we’ll get stablecoin legislation in the U.S. this year.

South Korea Is Gearing Up to Institutionalize Security Tokens
The country's financial regulators plan to publish guidelines for security token issuance and distribution towards the end of 2022.

'Love Island' Twins' Crypto Instagram Posts Misled Viewers, UK Ad Authority Says
Instagram influencers have to explain the risks when promoting crypto investments, the country’s advertising regulator said.
