Regulations
Top GOP Senator Slams SEC for Ignoring Crypto Turmoil
The ranking Republican on the Banking Committee accused the agency of failing to provide regulatory clarity that could have prevented Celsius' bankruptcy and other recent industry damage.
EU Banking Regulator Worries It Can’t Find the Staff to Regulate Crypto: Report
José Manuel Campa, chair of the European Banking Authority, told the Financial Times he is worried the agency does not yet have the capacity to supervise digital assets.
The SEC Is Providing Regulatory Clarity, Just Not How Anyone Wants
The Securities and Exchange Commission was pretty clear about why it deemed nine cryptocurrencies “securities” last week, and that’s equally clearly an opening salvo.
IMF Says Crypto Sell-Off Won’t Hit Broader Financial Market
With the economic mood darkening, the Fund sees inflation and a recession as major risks – but not crypto market turbulence.
US Senators Push Bill to Make Small Crypto Transactions Tax-Free
The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.
SEC Probing Coinbase for Allegedly Listing Securities: Report
The investigation predates last week’s insider trading lawsuit, according to the report.
US Stablecoin Bill Delayed, but Draft Language May Soon Emerge
As negotiations slow the release of a bipartisan bill until possibly September, lawmakers may put out some initial language soon to spur discussion.
US Rep. Josh Gottheimer Proposes $3M Boost to Treasury’s Crypto Crime-Fighting Unit
The amendment would increase funding to the Treasury’s Office of Terrorism and Financial Intelligence for blockchain analysis tools, training and investigative support.
US CFTC to Intensify Crypto Work With New Tech Innovation Office
The derivatives regulator is upgrading its LabCFTC to an Office of Technology Innovation as cryptocurrency oversight outgrows the sandbox phase, said CFTC chief Rostin Behnam.
Taiwan Set to Ban Crypto Purchases Using Credit Cards: Report
The country's financial regulator sent a letter to the banking association asking credit card companies to stop taking on crypto firms as merchants.
