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Regulations
Brussels’ Fledgling Crypto Industry Flexes Its Muscles
The city that hosts the EU also wants to influence it, with key decisions upcoming on the regulation of NFTs and DeFi.

Singapore Will Crack Down on Bad Crypto Behavior: Report
The Monetary Authority of Singapore will be "brutal and unrelentingly hard," the central bank's chief fintech officer said.

India Clarifies Rules for Controversial Tax Provision Ahead of Start Date
The 1% tax deducted at source for virtual digital assets kicks in on July 1.

Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues
Rep. Jim Himes published a 15-page white paper arguing in favor of a digital dollar.

BoE's Cunliffe Cautions Against 2008 Repeat With FTX's Derivatives Rule Change Proposal
The Bank of England official is skeptical whether decentralized finance will ever be a thing.

Qatar at 'Foundation Stage' of CBDC Exploration, Central Bank Governor Says
The Gulf state central banker praised the "innovation" of crypto assets.

Republicans Seek to Counter Effort to Curtail Crypto Mining
The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.

Crypto Industry Is Still 'Embryonic,' WEF Finance Lead Says
I spoke recently with Matthew Blake, who looks at the future of finance (among other things) at the World Economic Forum, on the industry’s prominence during this year’s meeting.

Luna Only Makes Bermuda Love Stablecoins More
Digital assets are the future, Bermuda Premier David Burt said during the Consensus 2022 conference. He’s not worried about his country being shut out by jurisdictions like the EU.

This Is the Time for Lawsuits
The market is turning down, but the number of legal filings certainly isn't.
