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Regulations
UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks
Treasury Secretary Janet Yellen highlights latest news on UST algorithmic stablecoin losing its dollar peg during Senate Banking Committee hearing.
Chilean Digital Peso Would Need to Work Offline, Central Bank Governor Says
Design principles are due out later this week, though no final decision has been taken on the digital peso.
New Fed Report Repeats Warning About Stablecoin Run Risks as UST Loses Peg
The Federal Reserve's biannual report came out on the same day Terra's dollar-pegged UST stablecoin fell below $0.85.
The Bahamas’ ‘Sand Dollar’ Needs Improved Cybersecurity, IMF Says
The CBDC represents just a tiny fraction of the available currency in the Caribbean nation, the international organization noted.
US Officials Add North Korea-Linked Bitcoin Mixer, More BTC and ETH Addresses to Sanctions List
The U.S. Treasury Department is ramping up efforts to ice the flow of stolen crypto from a historic $620 million hack.
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
Arthur Hayes, Benjamin Delo and Samuel Reed will each pay $10 million for their role operating BitMEX.
US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades
As the CFTC is still considering FTX.US' application, lawmakers will examine the potential trend at hearing.
India's Parliamentary Finance Body 'Chides' Crypto Industry in Meeting: Sources
The meeting was held in the Indian IT hub of Bengaluru, and was the second time the finance committee has met representatives of the crypto industry.
Council of Europe Calls for Crypto Laundering Clampdown
The council's Moneyval committee warned of fraud, tax evasion and market manipulation taking place through virtual assets.
Who’s Surprised by the SEC’s ‘Power Grab?’
Events from the past week show why regulatory agencies might want more oversight over crypto.
