Regulations
US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden’s executive order on crypto, will suggest how to move forward on a CBDC.

GoDaddy Sued Over Sale of Ethereum Domain Name Service's Vital Eth.link Address
Company behind Web3 domain service Ethereum Name Service and Virgil Griffith allege that GoDaddy falsely announced the domain had expired, and then prematurely allowed it to be sold to a third party.

With New Prime Minister, UK Still Wants to Be Crypto Hub: Treasury Official
Economic Secretary Richard Fuller took part in a parliamentary debate on digital assets two days after Liz Truss was officially named the country's prime minister.

US Government Recovers $30M From Crypto Game Axie Infinity Hack
Hackers stole over $600 million from Axie earlier this year.

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.
