Regulation
Against the US Senate’s Heavy-Handed Crypto Provision
The bill as written has the potential to thrust every single transaction by U.S. crypto users into an invasive dragnet.

Janet Yellen Has Been Lobbying Against Wyden-Lummis-Toomey Crypto Amendment: Report
Senators had hoped to pass the bipartisan bill on Thursday night, but issues remained unresolved around the cryptocurrency regulations.

Binance to Wind Down Hong Kong Derivatives Trading in Switch to 'Proactive' Compliance Stance
Regulators worldwide have said the exchange isn't authorized to conduct regulated activities in their countries.

US Considers Banking Regulator Who's Wary of Crypto: Report
Saule Omarova is a professor of banking law and could be nominated in the next few months, the New York Times said.

Gary Gensler Speaks. The Reviews From Crypto Aren't Terrible
Bitcoiners were quite receptive to the new SEC chair’s sweeping statement of purpose on crypto regulation. Others, predictably, were not.

Market Wrap: Bitcoin in Pullback Mode as Regulatory Concerns Rise
Bitcoin is declining as regulatory concerns rise; ether is holding support.

Market Wrap: Bitcoin Underperforms Ether; Crypto Tax Ahead?
Bitcoin dipped below $40K as traders digest proposed crypto taxes.

GOP Lawmaker: Janet Yellen’s Treasury Likely Behind Surprise Crypto Bill
Rep. Tom Emmer of Minnesota also criticizes the updated bipartisan infrastructure bill aiming to raise $28 billion via crypto taxes.

New Crypto Bill in US Congress Is the Most Comprehensive Yet
Where other bills addressed crypto policy questions piecemeal, Rep. Don Beyer’s Digital Asset Market Structure and Investor Protection Act covers several in one fell swoop.

What Are US Lawmakers Likely to Do About Crypto?
Former SEC Branch Chief Lisa Braganca discusses the regulatory gaps in the crypto industry critics worry undermine the financial markets’ safety and how Congress could use its authority to bring greater regulatory clarity. Plus, her take on stablecoins and what further congressional action may be needed to address their risks.
