Regulation
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report.

What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation
The Financial Stability Oversight Council published its own report on crypto regulations, calling for Congress to designate a spot market regulator.

CFTC’s Regulation by Enforcement Needs to Change, Commissioner Says
Summer K. Mersinger told CoinDesk TV’s “First Mover" that Congress needs to establish clear rules for DAOs.

Federal Preemption of State Money-Transmitter Licensing Would Be Great Policy
A federal regime would protect the public without unduly burdening the blockchain sector.

La preferencia federal sobre las licencias estatales para transmisores de dinero sería una gran Regulación
Un régimen federal protegería al público sin sobrecargar indebidamente al sector blockchain.

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy
Ex-CEO Alex Mashinsky and ex-CSO Daniel Leon pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.

Terra Founder Do Kwon's Passport 'Invalidated,' S. Korea Says
Do Kwon has 14 days to return his passport, according to a notice on a government website.

US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
The Securities and Exchange Commission is treated as a villain in crypto, but the view of the Commodity Futures Trading Commission as a government ally may not survive the honeymoon, insiders suggest

Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for Justice Department's Assessment
The report came in response to President Biden's executive order on crypto.

Crypto Exchange OKX's Website Blocked in Russia, and the Reason Isn't Disclosed
The country's prosecutor general office blacklisted the world's third-largest crypto exchange by volume, according to the public data
