US Treasury issues framework addressing engagement on crypto with foreign regulators
The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March.
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UK prime minister announces departure following mass resignations
Many outlets have reported Rishi Sunak could be one of the possible replacements for Boris Johnson, suggesting that crypto regulations could be central to the government’s agenda.
Crypto owners banned from working on US Government crypto policies
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation.
Dubai Is Preparing to Take Its Government to the Metaverse
The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange…
Singapore’s financial watchdog considers further restrictions on crypto
The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions.
Coinbase providing customer geolocation data to ICE: Report
The U.S. government agency is reportedly using Coinbase Tracer to access customers' historical geo-tracking data and transactions on over a dozen cryptocurrencies.
US govt delays enforcement of crypto broker reporting requirements: Report
The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in…
US lawmaker lays out case for a digital dollar
"It is now time for Congress to begin the process of considering and ultimately passing authorizing legislation for the issuance of a U.S. CBDC," said Representative Jim Himes.
HM Treasury changes course on collecting data around unhosted crypto wallets
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update.
Crypto’s uses and misuses: Binance-Reuters quarrel raises questions
Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector?
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