Regulations
Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales
Celsius had asked for permission to sell millions in stablecoins to fund itself, but Texas is arguing the bankruptcy court should reject the request.

Money Laundering via Metaverse, DeFi, NFTs Targeted by EU Lawmakers’ Latest Draft
An emerging compromise may subject those who govern decentralized autonomous organizations to extra requirements.

Peer-to-Peer Validation for Digital Euro Might Not Be Feasible, ECB Says
The central bank will soon start developing a rulebook for its CBDC initiative.

Bitcoin Could ‘Double in Price’ Under CFTC Regulation, Chairman Behnam Says
CFTC Chairman Rostin Behnam argued on Wednesday that nonbank institutions, including crypto exchanges, “thrive” in conditions of regulatory certainty.

EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda
Russians could be restricted from making any payments to EU crypto wallets following the imposition of limits in April.

Bank of England Deputy Governor Says Existing Financial Regulations Should Extend to Crypto
Jon Cunliffe says rules should be put in place before the digital-asset industry becomes large enough to threaten broader financial stability.

ECB Official Defends Amazon’s Role in Testing a Digital Euro
Being independent in payments shouldn’t mean protectionism, central banker Jürgen Schaaf said.

Industry Offers Cautious Welcome to EU’s Landmark Crypto Law MiCA
A near final leaked text is fuzzy on NFTs and could strangle the stablecoin market, some worry, but the overall reception to the bill appears to be positive.

The CFTC Served Ooki DAO Papers by Posting Them in an Online Discussion Forum
The CFTC’s motion for alternative service asks a California judge to approve of the unconventional way Ooki DAO members were served.

California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'
California's financial regulator brought enforcement actions against 11 little-known crypto companies Tuesday, alleging they stole customer funds or operated like Ponzi schemes.
