Regulations
EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says
The move could mean assets such as bitcoin (BTC) and ether (ETH) are given the maximum possible risk weight as part of a lengthy set of banking laws, which could be agreed as soon as next week.
Hong Kong Monetary Authority to Prepare for Retail CBDC
The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD, according to a Friday report.
EU’s Landmark Crypto Law MiCA Published in Official Journal
The procedural move means landmark licensing, stablecoin and anti-money laundering rules apply as of December 30, 2024.
New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
The House Financial Services Committee has released this year’s third draft of a stablecoin bill, meant to combine ideas from both parties in advance of a hearing next week.
SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
Gary Gensler, chair of the U.S. Securities and Exchange Commission, delivered a speech explaining his thinking after hammering Coinbase and Binance in back-to-back actions.
Providing Regulatory Clarity (Binance and Coinbase Edition)
The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward.
U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
Two senate democrats, including Sen. Elizabeth Warren, allege in a letter that the platform may have lied about Binance.US being an independent entity.
Social Media Targeted in EU Consumer Group Complaint About Crypto Ads
BEUC wants Instagram, YouTube, TikTok and Twitter to prohibit influencers from promoting crypto.
Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection
If successful, it wouldn’t be the first time the state has scuppered a crypto bankruptcy proposal.
Stablecoin Regulation Is a Sticking Point Between the G7 and G20
Emerging economies in the G20 are concerned widespread stablecoin use may threaten their monetary policy, and are seeking stricter measures, two high-level officials privy to discussions at the forums told CoinDesk.
