Regulations
15 Retail CBDCs Likely by 2030, BIS Study Says
A survey conducted by the Bank for International Settlements also found 93% of central banks worldwide were engaged in digital currency work in 2022.

Coinbase Knew It May Have Been Violating the Law Prior to the SEC's Lawsuit, Regulator Claims
The SEC pushed back against a previous Coinbase filing which argued that the regulator did not have sufficient jurisdiction to bring a lawsuit.

Gemini Sues Digital Currency Group and Founder Barry Silbert Alleging 'Fraud'
The lawsuit is the latest escalation by Gemini, which is trying to recover funds for its Earn program held by DCG subsidiary Genesis.

Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefits.

Binance Refers Dutch Users to Rival Coinmerce as It Exits Netherlands
The world’s biggest crypto exchange said it would quit the Netherlands in June after failing to secure regulatory approval.

EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.

Bittrex Faced Enforcement Action From Florida Regulator Ahead of Bankruptcy
The state's financial regulator accused the U.S. firm of violating multiple state laws, and advised the company on how to explore settlement avenues, court filings show.

BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC
Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers

EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.


