Latest from Jack Schickler
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
Asserting powers over the $1 trillion crypto industry would be of major significance, just like canceling student debt was, the exchange’s lawyers argue.
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.
EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law
Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets regulation
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds.
UK Treasury Starts Consultation on Five-Year Digital Securities Trial
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.
Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20
Central bankers, wary of displacing their own fiat currencies, pointed to the past year's prominent hacks and collapses.
15 Retail CBDCs Likely by 2030, BIS Study Says
A survey conducted by the Bank for International Settlements also found 93% of central banks worldwide were engaged in digital currency work in 2022.
Binance Refers Dutch Users to Rival Coinmerce as It Exits Netherlands
The world’s biggest crypto exchange said it would quit the Netherlands in June after failing to secure regulatory approval.
EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.
BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC
Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers
