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Regulations
Treasury's Yellen to Deliver First Speech on Crypto in US Economy
The U.S. official will discuss policy and regulation in a speech in Washington, D.C., on Thursday.

Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives
OCC Acting Comptroller Michael Hsu said he's working with global regulators to find "a consistent, careful and cautious approach to bank involvement in crypto."

CFTC Chief Says FTX Plan Could Make Crypto Markets 'More Efficient'
CFTC Chair Rostin Behnam said he didn't yet support FTX's proposal to directly settle margined crypto trades, but said he must support "responsible innovation."

Europe’s Landmark Crypto Regulation Is Advancing, but New Privacy Rules May Be More Important
European officials will vote on rules restricting anonymous crypto transactions later this week.

US Lawmakers Introduce 'ECASH' Bill in New Push to Create a Digital Dollar
The e-cash would be a digital analogue to the greenback and could preserve privacy and anonymous transactions, according to an adviser on the bill.

Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks
Kraken Bank, the Wyoming subsidiary of the Kraken crypto exchange, received a routing number from the American Bankers Association.

City of Austin Approves ‘Fact-Finding Study’ for Tax Payments in Bitcoin, Crypto
The Texas city will investigate the feasibility of adopting “bitcoin or other cryptocurrencies” with a study due in mid-June.

MoonPay, Startup Known for Celeb NFT Buys, Adds Obama-Era Money Laundering Watchdog
James Freis ran the Financial Crimes Enforcement Network from 2007 to 2012.

The Unnoticed OFAC Budget Ask in Last Week's Crypto Congressional Hearing
Whether FinCEN and OFAC have the resources they need to enforce anti-money laundering rules seems very under-discussed.

DC Lobbying Group Expands to New York State Capital
The crypto trade association’s new office in Albany will act as a foothold for state-level lobbying.
