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Regulation
U.S. House Republicans Introduce Crypto Oversight Bill With Changes From June Draft
The revised bill excludes a host of traditional securities from the "digital asset" category, which some say bodes ill for DeFi.
New U.S. Senate Bill Wants to Regulate DeFi Like a Bank
DeFi protocols would need to impose strict controls on their users.
Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions
The stock market operator had said in March that it was putting together infrastructure and regulatory approval for the custodian service.
Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money
The company is in an “unsafe or unsound condition” to conduct business, a filing with Nevada’s Department of Business and Industry Financial Institutions Division stated.
SEC's Gensler 'Disappointed' by Part of Ripple's XRP Judgement, Still Assessing Opinion
Ripple scored a partial victory in its fight with the SEC last week with a court ruling that institutional sales of the tokens violated federal securities laws, but sales on exchanges and programmatic sales did not.
XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein
The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said.
Ripple’s XRP Token Surges 96% After Partial Victory in SEC Lawsuit
XRP climbed as high as 93 cents at one point, its highest level since March 2022.
SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan
Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
