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Regulations
Indian Central Bank Says Cryptos Could Lead to ‘Dollarization’ of Economy: Report
RBI officials said cryptocurrencies could undermine the central bank's capacity to regulate the flow of money.
Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.
'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.
EU Commission Favors Ban on Large-Scale Stablecoins, Document Shows
The tough approach, originally targeting Facebook’s now-abandoned Libra project, could see rivals to fiat currency outlawed in the bloc after certain thresholds are hit.
UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources
U.S. federal officials aren’t getting together to follow the game plan that’s typical when mainstream financial firms flounder.
Germany Publishes First Nationwide Tax Guide for Crypto
The finance ministry's letter deals with the income tax treatment of mining, staking, lending, hard forks and airdrops.
Global Financial Stability Watchdog FSB Says It Could Write Crypto Rulebook
The Financial Stability Board joins tax and money-laundering bodies in responding to calls for coordinated international action to regulate the industry.
EU Ban on Tax-Haven Crypto Firms Could Breach Trade Law, Commission Warns
Lawmaker proposals to blacklist non-compliant firms are getting a rough ride as landmark MiCA legislation reaches its final stages.
UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks
Treasury Secretary Janet Yellen highlights latest news on UST algorithmic stablecoin losing its dollar peg during Senate Banking Committee hearing.
