REGULATION
US Congress needs to take control of crypto legislation
Blockchain Association CEO Kristin Smith said crypto regulation is occurring "behind closed doors" and asked for a more collaborative and "transparent approach."
BIS has long taken a cautious approach
Agustin Carstens mocks crypto and Bitcoin. Tech doesn't work for money, he told Bloomberg.
Institutional investors pull back from crypto amid regulatory crackdown
Last week, institutional fund withdrawals reached $32 million, despite a 10% market increase.
US Representative Tom Emmer Introduces Legislation to Limit Fed
Representative Tom Emmer presented the "CBDC Anti-Surveillance State Act" to encourage financial privacy and CBDC transparency.
A British National Charged With Aiding North Korea in Violating US sanctions
Despite the DoJ's crypto financial sanctions targeting Russia, local authorities helped their American colleagues.
CBN is continuing to develop its eNaira
R3, the CBN's possible technology partner, will help design a new system to give the CBN complete authority over the CBDC.
Paxos Discusses BUSD Stablecoin With SEC Following Wells
Paxos CEO Charles Cascarilla said the business was "engaged in productive negotiations" with the SEC and will continue to communicate privately.
The Most Unworkable State Law
An Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.
Public feedback on the SFC's proposed cryptocurrency exchange licensing regime
Hong Kong's Securities and Futures Commission seeks public input on bitcoin exchange registration.
Former FTX CEO Sam Bankman-Fried to Appear in court remotely
According to a Feb. 18 court filing, Sam Bankman-Fried has days to provide documentation to Voyager Digital's unsecured creditors committee.