Democrat House Leadership Says Crypto Bill Vote Won’t Be Whipped
Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote
Policy
Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
SEC headquarters (Nikhilesh De/CoinDesk)
Crypto Industry Rallies Behind House Bill As it Heads Toward Final Vote
The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector’s associations and top businesses are encouraging House leaders to support the effort.
Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court
The Nigerian court also ruled that the Binance exchange can be served the FIRS tax evasion charges through its executive Tigran Gambaryan.
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator’s scope.
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it
President Biden’s emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property.
U.S. Senate Votes to Kill SEC’s Crypto Accounting Policy, Testing Biden’s Veto Threat
The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution.
French Securities Regulator Warns Investors Against Crypto Exchange Bybit
France’s securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France.
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing.