Regulations
Signature Bank Shutdown Caused by 'Crisis of Confidence' in Leadership, NYDFS Says
The New York regulator pushed back against claims it shut down Signature because of crypto.
U.S. Treasury Poised to Release View on How DeFi Used in Illicit Finance
The department has reviewed decentralized finance’s role in such incidents as North Korean ransomware attacks, and will issue a risk assessment, a senior official said.
SEC Is 'Completely Out Of Control,' Says a16z Crypto's Head of Policy
At the annual Futures Industry Association conference in Boca Raton, representatives from crypto companies argued the lack of regulatory clarity would stifle US innovation.
EU Parliament Passes Bill Requiring Smart Contracts to Include Kill Switch
One critic says the bill alters the fundamental nature of an automated computer program.
India’s Crypto Industry Finally Sees Lawmakers Engaging
The event managed to bring senior leaders from India’s ruling party and the opposition benches.
CFTC Names Executives From Circle, TRM, Fireblocks Among Others to New Tech Advisory Group
The committee will be chaired by former White House official Carole House.
Justice Department Investigating TerraUSD Stablecoin Collapse: Reports
The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.
U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank
The Federal Reserve’s vice chairman for supervision, Michael Barr, is digging into the bank failure, the U.S. central bank announced.
Bank Collapses Underscore G-20 Hesitance on Crypto: Source
As the current president of the G-20, India has the power to ask international bodies tasked with framing the global crypto rules to factor in recent bank collapses.
Panic Mustn’t Be Allowed to Spread After SVB Collapse: EU Lawmaker
Germany’s Markus Ferber said there needs to be a review of interest rate and sovereign bond exposures.
