Regulations
Global Crypto Rules to Be Based on Coming FSB and IMF Synthesis Paper, India Says After G-20 Meetings
The paper is expected to be ready by September.

EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official
The European Commission plans to set out policy on virtual worlds in May.

FATF Agrees on Action Plan to Drive Implementation of Global Crypto Norms
The global financial crime watchdog's plenary, made up of 206 members including observer organizations like the UN, also agreed to take stock of what jurisdictions have been doing so far.

Crypto Wallet Firm Dfns Says ‘Magic Links’ Have Critical Vulnerability
Affected services say they were given barely any notice before Dfns published its blog post detailing the so-called zero day.

Online Transactions, Peer-to-Peer Payments Should Be Priorities With Digital Euro, ECB Says
Transfers in stores and to governments could take longer to develop, but basic personal use should be free, the European Central Bank said.

Australian Markets Regulator Is Reviewing Binance Australia's Derivatives Services
Binance said on Thursday it had incorrectly tagged 500 Australian users as "wholesale investors."

The SEC's Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
The SEC’s lawsuit against Terraform Labs alleges that terraUSD (UST), and nearly every token it issued, are securities.

Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
The Fed rejected Custodia's first bid last month.

IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender
Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said.

US Banking Regulators Warn Banks About Crypto Liquidity Risks
The Federal Reserve and other agencies issued another statement about crypto market vulnerabilities as a threat to U.S. banking.
