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Regulations
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.

Sen. Warren Announces Sanctions Compliance Bill for Crypto Companies
The bill would target foreign crypto companies.

Joe Biden’s Crypto Executive Order Is a Symbol
The symbolism of U.S. President Joe Biden signing last week’s directive may have more of an impact than the practical effects.

Biden's Executive Order on Crypto Receives Bipartisan Praise
The White House unveiled a "whole-of-government" approach to digital assets earlier this week, the president's press secretary said.

White House, G7 Say New Guidance Is Coming on Crypto Sanctions Evasion
White House and Treasury officials have said on multiple occasions there is little concern that crypto will be used to evade sanctions against Russia.
