Regulation
Crypto Finally Makes the Cut in OCC’s 2022 Bank Supervision Operating Plan
Though the Office of the Comptroller of the Currency (OCC) has been looking into the crypto industry since at least 2018, this is the first time crypto has been included in the regulator’s annual operating plan.
Coinbase Wants Coders to Help With Its Crypto Regulation Proposal
A GitHub repository went live Thursday in a bid to make open source a proposed framework to U.S. officials.
US-Led Multilateral Ransomware Meeting Calls for Enhanced Powers Over Crypto
Crypto is the “primary” financial instrument used to facilitate attacks.
If Crypto Causes ‘Instability,’ It’s Because the System Is Unstable
Crypto is increasingly interconnected in the global financial system, regulators warn. But the potential knock-on effects of a crypto market collapse would be of their own making.
China’s Zhejiang Busts GPU Mining Operation in Public Facilities
Bitoin mining has borne the brunt of China’s crackdown so far.
WeChat Appears to Censor Binance and Huobi Searches
The move comes after China’s top regulators called for more scrutiny of crypto information providers.
Binance to Delist Chinese Yuan Trading From C2C Platform
The crypto exchange will also run “inventory” to make sure none of its users are from mainland China.
Soccer NFT Platform Sorare Is Being Investigated by UK Gambling Regulator
The United Kingdom Gambling Commission wrote that Sorare may have to register as a licensed gambling operator.
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.
Market Wrap: Bitcoin Ends Week Notching 14% Gain
The largest cryptocurrency by market capitalization also surpassed $1 trillion again this week.
