Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot
In May 2023, the BCB selected 14 participants for the first phase of the pilot.
Policy
Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI
Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks Thursday
UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval
The FCA approved only four of the 35 applications it received in the year ended March 31.
French President Macron Names Michel Barnier as Prime Minister
The 73-year-old Barnier represented the European Union in the Brexit negotiations with the U.K.
Robinhood’s Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California
Robinhood’s crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.9 million slap on the wrist from the state of California.
Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says
A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.
VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources
“We don’t wish the burden of unnecessary subpoenas on anyone,” a spokesperson for Uniswap told CoinDesk.
Uniswap Labs Settles CFTC Charges Over ‘Illegal’ Margin Products
Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, a CFTC press release said.
Nigerian Court Postpones Decision on Gambaryan Bail Application
The next bail hearing has been scheduled for Oct. 9.
Japans Financial Regulator Mulls Taxing Crypto as a Financial Asset
A change in the regime could result in lower taxes for some crypto investors.