Regulations
SEC’s Gensler Uses Crypto Oversight Needs as Case for Higher Budget
SEC Chair Gary Gensler told U.S. House budget appropriators that he’d like to be doing more to protect crypto investors.

Dutch Finance Official Wants to Ban Retail Investors From Trading Crypto Derivatives
The Dutch Authority for Financial Markets doesn’t yet have the authority to issue a UK-style ban, however.

India's Ad Body Hasn't Discussed Measure to Bar Celebrity Endorsement of Crypto
The country's securities regulator has proposed that ban.

German Regulator Calls for New DeFi Laws
BaFin's Birgit Rodolphe cites the potential for fraud and investor losses.

ECB’s Panetta: Digital Euro Could Come Out Within 4 Years
Peer-to-peer payments could be a first test case, though no final decision has been made yet.

Indian Central Bank Says Cryptos Could Lead to ‘Dollarization’ of Economy: Report
RBI officials said cryptocurrencies could undermine the central bank's capacity to regulate the flow of money.

Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.


'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.

EU Commission Favors Ban on Large-Scale Stablecoins, Document Shows
The tough approach, originally targeting Facebook’s now-abandoned Libra project, could see rivals to fiat currency outlawed in the bloc after certain thresholds are hit.
