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Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin

Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin, which established broad new requirements for trading platforms.

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ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals

With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a…

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Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto

SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together.

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Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks

Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have…

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Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says

Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital…

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