ISIS Allies Used Crypto to Raise Millions: TRM Labs
Affiliates of the most notorious terrorist organization use centralized exchanges, the blockchain intel firm said.
Policy
Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show
The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday.
Indonesia’s New Crypto Exchange Opens After Long Delays
The long-awaited Nasdaq-style national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.
Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto
If a financial giant can’t navigate the red tape, who can?
UK’s FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities
The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.
Fed Dramatically Speeds Up U.S. Payments With ‘FedNow’ Service, but Downplays Any Tie to CBDCs
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.
UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing.
Unpacking the Latest Lummis-Gillibrand Bill Draft
U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort of provisions smaller pieces of legislation should include.
Deadlines for U.S. Spot Bitcoin ETF Approvals Come Into Sight
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.