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Regulation
Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins
After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year.
Regulators Should Use 'Range of Options' in Fintech, Fed's Barr Says
Sometimes just identifying risks is enough to change risky behavior, said Michael Barr, the Federal Reserve's vice chair for supervision.
US Senator Warren Leads Congressional Group's Probe Into Bitcoin Mining Energy Use in Texas
Seven Democrats from both the Senate and House are asking Texas grid operator ERCOT how bitcoin mining is impacting the state.
Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions
Coin Center is backing a second lawsuit against the U.S. Treasury Department, alleging its sanctioning of Tornado Cash overstepped legal bounds.
Blockchain.com Wins Singapore License
The news means two exchanges in two days – Coinbase the other one – have received in-principle approval to operate in that country.
Crypto Mixers Haven't 'Slowed' DOJ Investigations, Director Says
U.S. Department of Justice Crypto Enforcement Team Director Eun Young Choi said mixers cause a "multiplier effect" but aren't "necessarily" slowing investigations down.
SEC Probing Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report
The key legal question at the center of the probe, according to Bloomberg, is whether NFTs are securities.
Crypto Exchange Bittrex to Pay $30M in US Treasury Sanctions Settlement
Crypto exchange Bittrex will pay the U.S. Treasury Department’s sanctions and money laundering watchdogs $30 million to settle allegations it maintained a poor compliance program between 2014 and 2017.
Blockfusion's Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances
As soon as the city's moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.
'Comprehensive' International Crypto Rules Proposed by Influential Finance Watchdog
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up.
