Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies
Canadian regulators are providing more clarity than their U.S. counterparts. (Chris Robert/Unsplash)
Policy
Ripple Starts Platform for Central Banks to Issue Their CBDCs
The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority’s e-HKD pilot.
Indian Authorities Asked to Restore Crypto Exchanges’ Access to UPI
India’s government and central bank have received proposals asking to restore access of the Unified Payments Interface (UPI), a widely popular real-time payment system, to the crypto industry.
China’s Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes
NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies.
EU’s Crypto Legal Framework Inches Towards Law With Finance Ministers’ Sign-Off
The landmark Markets in Crypto Assets regulation was given final approval by the EU’s Council, which also agreed a new law for sharing data on crypto tax holdings.
G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week
Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.
Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind
While the U.S. Securities and Exchange Commission (SEC) continues to rain enforcement fire onto the crypto industry, Kraken’s chief legal officer, Marco Santori, says a specific legal doctrine could undermine the regulator’s authority.
House Democrats Consider New Stablecoin Bill Proposal: Source
House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft.
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.