Regulation
US Stablecoin Report Gets Mixed Reviews From Crypto Industry
Issuers’ reactions ranged from effusive to diplomatic, but lobbyists pushed back against stablecoin recommendations by the President’s Working Group on Financial Markets.

Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
The law approved by the country’s parliament would make financial monitoring a requirement for digital asset platforms.

S. Korean Regulator Says NFTs Are Not Virtual Assets: Report
Seoul will follow FATF guidance on the matter of NFTs and its regulation.

Kazakhstan Limits Crypto Investment for Retail Players: Report
The country’s financial regulator is worried about the high risk associated with crypto.

CryptoCompare Gets FCA Authorization to Operate as Benchmark Administrator
The London-based company provides data and benchmarks for digital assets based on market research and methodologies.

Group of Exchanges Call on Indian Government to Regulate Crypto in Front-Page Ad
“This is India’s crypto moment,” the ad declared.

Hong Kong’s SFC Has Received Multiple Requests for Crypto ETFs
The SFC is reviewing its regulatory regime for virtual assets.

SEC Delays Decision on Valkyrie Bitcoin ETF Until Next Year
The new date for a decision is Jan. 7, 2022.

Europe’s MiCA Crypto Rules Are Coming Soon. Here’s Why They Matter
The European Union’s Markets in Crypto-Assets framework would dramatically simplify how crypto businesses can expand through the 27-nation bloc.


