Regulations
Metaverse Competition Issues Need Addressing, EU Antitrust Chief Says
The European Commission is set to produce a strategy for online virtual worlds in May.

Three Japanese Banks Start Stablecoin Experiment
The institutions involved are Tokyo Kiraboshi Financial Group, Minna no Bank and The Shikoku Bank.

Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases
The projects will take part in the country’s central bank digital currency pilot, expected to wrap later this year.

Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries
Shares fell over 10% in after-hours trading.

Prosecutors’ Case Against FTX’s Sam Bankman-Fried Becomes Clearer
In the last week prosecutors have laid out new details and allegations against the FTX founder.

DeFi to Go Under Microscope at US CFTC Advisory Group’s Opening Session
The derivative regulators’ Technology Advisory Committee will examine DeFi among other tech priorities at a March 22 meeting.

US SEC Plans to Keep Growing Crypto Unit as Enforcement Ramps Up
The securities regulator has almost filled the 20 slots previously added to its crypto squad and is looking to increase that number even further, a spokesperson said.

Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question
The U.S. government is still weighing whether to start a CBDC, but Treasury Under Secretary Nellie Liang highlights benefits such as reinforcing the dollar’s global role.

Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities
Staking and exporting crypto services qualify for the tax rate.

French Regulator Working to Clarify New Crypto Rules, Align With EU
The National Assembly voted for new regulations on Tuesday in the wake of FTX's collapse.
