Regulation
SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan
Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.

Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.

Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say
Sound macroeconomic policies like raising interest rates and bringing down the country's deficit could dampen Zimbabwe's currency instability, economists said.

BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi
BlackRock's views could carry extra weight in the ongoing battle over regulation in the industry.

Digital Pound Should Be Interoperable With Crypto, UK Lobbyists Say
Stakeholders also want the Bank of England to consider tougher caps on individual digital pound holdings to prevent bank runs.

Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said

Deutsche Bank Applies for Digital Asset License in Germany as TradFi Pushes Further Into Crypto
The banking giant announced plans to become a crypto custodian in February 2021.

Chainalysis VP Caroline Malcolm: U.S. Crypto Policy Needs to Accomplish These 3 Things
The analytics firm's vice president of global public policy lays out the pillars she'd advocate for in any U.S. legislative proposal, informed by her experience of working with governments and industry players worldwide.

House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass
House Republicans Patrick McHenry and GT Thompson face a central problem with their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips.


