Acting OCC comptroller calls for standards on stablecoins
OCC acting comptroller Michael Hsu said stablecoins lacked “shared standards,” were “interoperable,” and needed standards similar to those set by the Internet Engineering Task Force and World Wide Web Consortium.
From beer to Bitcoin as legal tender: A BTC education in Roatán
How a Slovakian Bitcoin teacher got caught up in a Caribbean island’s plans to adopt Bitcoin.
Senators Stabenow, Boozman introduce crypto bill that extends CFTC’s regulatory powers
The Senate Agriculture Committee's chair and ranking member have introduced a bill giving the CFTC a bigger role in regulating crypto exchanges and markets.
SEC charges 11 individuals over $300M crypto ‘pyramid scheme’
Forsage breached anti-fraud and registration provisions by accruing $300 million through a "fraudulent crypto pyramid scheme," according to the SEC.
New York Mayor urges state to abandon ‘stifling’ BitLicense scheme
The Mayor of New York City Eric Adams wants to discard the states’ crypto BitLicence requirement saying it stifles innovation and makes NY “less competitive”.
80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?
Here’s how much Bitcoin has left in the Luna Foundation Guard reserves.
Mark Cuban faces class action lawsuit for promoting Voyager crypto products
The lawsuit alleged Voayger depended heavily on Mark Cuban’s vocal support and monetary investment in order to sustain itself.
Singapore’s financial watchdog pushes back against Terra and 3AC associations
Monetary Authority of Singapore managing director Ravi Menon said crypto-related companies including TerraForm Labs and Three Arrows Capital had “little to do” with crypto regulation in Singapore.
Chairmen from the SEC and CFTC talk crypto regulation at ISDA meeting
Gary Gensler and Rostin Behnam talk about their agencies’ authority over cryptocurrency markets at an international financial conference.
IOSCO says DeFi is quickly evolving and ‘cloning financial markets’
Along with the report on DeFi, the organization also created a task force to cover decentralized finance.