Legislation
CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
U.S. CFTC Chair Rostin Behnam says his agency is still awaiting new authorities from Congress to get supervision power over the crypto markets.
India's Supreme Court Turns Away Petition Asking Government to Frame Crypto Guidelines
"Though the petition is under Article 32 of the Constitution, it is evident that the real purpose is to seek bail in proceedings which are pending against the petitioner," the order said.
EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.
U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown
Lawmakers agreed to an amendment from Tom Emmer, a senior House member and vocal crypto supporter, to insert an SEC-blocking provision in their government spending plan.
Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000
Stand With Crypto, the campaign that's meant to bombard lawmakers with crypto supporters in their own backyards, says it's off to a fast start (with a lot of help from Coinbase).
Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities
The island nation cuts processing time for registration, provides immunity for DAOs using open-source software.
Taiwan Crypto Regulation Gets Going With First Reading of Digital Asset Bill
The bill sets the groundwork for defining a virtual asset and how exchanges should operate in the country.
Despite U.S. House Drama, Sens. Gillibrand, Lummis Bullish on Stablecoin Bill and Illicit Finance Legislation
The crypto-oriented duo of Sens. Gillibrand and Lummis are pressing for smaller slices of their wide-reaching crypto bill to get done, and they predict TradFi's arrival in ETFs could help.
Hamas' Crypto Ties May Lend Energy to Sen. Warren's Money Laundering Bill
The prominent Massachusetts senator has argued the Hamas connection shows it's time to "crack down on crypto-financed crimes."
U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances
Majority Leader Steve Scalise dropping out means digital assets legislation remains on hold. Crypto fan Tom Emmer also won't have the No. 2 role to seek, another potential blow.
