Regulations
Global Finance Watchdog Says $133B Stablecoin Sector Remains Niche
The Financial Stability Board, a G20 entity that provides recommendations for the global financial system, found stablecoins are not being used at any significant scale for payments at present.
Biden Wants to Know More About Crypto
The Biden administration’s approach to crypto continues to take shape, and it still doesn’t look like any sort of outright ban is on the table.
White House Considering Executive Order on Crypto Oversight: Report
The order would include the Treasury Department, Commerce Department, National Science Foundation and national security agencies.
BlockFi Files for Bitcoin Futures ETF
The fund would only invest in bitcoin futures contracts traded on the CME.
CBDC Impact on Banking Sector Could Be Manageable: New BIS Report
Three new reports by a BIS working group analyze policy options and practical implementation issues of a retail CBDC.
Pro-Crypto Senator Lummis Says Stablecoins Should Be Audited
A full audit would be more rigorous than the attestations the coins’ two top issuers have produced.
Crypto Exchange CoinJar Secures UK FCA Registration, Advocates For License in Australia
CoinJar UK joins a growing list of 10 other registered “cryptoasset firms,” including Gemini Europe Ltd.
Kraken to Pay $1.25M Fine After Settling Charges With CFTC
The CFTC alleged the exchange offered illegal margined crypto products without registering with the agency.
US Senators Propose Tracking Foreign Crypto Mining
The U.S. “must get a better handle” on how cryptocurrencies are used worldwide, Sen. Hassan said.
Crypto Regulation, Ransomware and OFAC’s Rise
The Treasury Department’s Office of Foreign Asset Control has quietly been very busy.
