Senate hearing on stablecoins: Compliance anxiety and Republican pushback
As stablecoins issuers were put under the pressure of Democratic witnesses, Senator Pat Toomey released his own set of regulatory principles.
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‘I’m a huge believer in crypto technology,’ says former US SEC chair
Jay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are…
IMF chief economist calls for global policy on cryptocurrency
The economist's remarks come as nations around the world consider how to control cryptocurrencies.
Crypto in the House: Execs on the march, US partisan politics and Web3
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill.
Law Decoded: A different Congress hearing, Dec. 6–13
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn.
SEC chair’s regulatory agenda fails to include clarity on crypto, says Hester Peirce
"The Agenda — through its silence on crypto — signals that the market can expect continued questions around the application of our securities laws to this area of increasing investor…
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance.
Point of no return? Crypto investment products could be key to mass adoption
Cryptocurrency investment products could be a missing piece of the puzzle towards mass adoption, and are now becoming increasingly more common.
Law Decoded: Bitcoin exchange-traded funds are put on the spot again, Nov. 29–Dec. 6
The Securities and Exchange Commission's continued resistance to spot Bitcoin ETFs draws industry players' ire.
Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal
Indian banks have reportedly been slow to accept the Supreme Court’s decision allowing them to do business with crypto firms.
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