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Regulation
SEC Rejects VanEck’s Spot Bitcoin ETF Proposal
The decision did not come as a surprise given SEC chair Gary Gensler’s preference for a bitcoin futures ETF.
Russian Ministries, Duma Want to Legalize Crypto Mining: Report
The Russian central bank opposes the measure.
Indian Crypto Companies to Meet With Lawmakers Next Week: Report
Three exchanges will be among the attendees.
European Commission Urges Members to Agree on Crypto Regulations
The commission is hoping to finalize its proposed regulatory sandbox for financial products based on distributed ledger technology by the end of the year.
Indonesia’s Religious Leaders Declare Crypto Illegal for Muslims: Report
Crypto could be traded as a commodity if it abides by Shariah law and demonstrates a clear benefit.
MakerDAO’s Christensen Turns Optimistic After US Stablecoin Report
The founder of the crypto lender and stablecoin issuer had feared the worst about potential regulation.
Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says
The minister and local mining industry see renewables as a solution to Kazakhstan’s energy woes.
Huobi Global to Expel Singapore Users, Citing Local Regulations
The exchange is looking to expand overseas to make up for lost Chinese users.
What FATF’s Latest Guidance Means for DeFi, Stablecoins and Self-Hosted Wallets
Launching a truly “global” stablecoin is likely to get more difficult in the coming year as a result of the guidance, which advises regulators to keep such projects on a short leash.
