Law Decoded: New threats to self-custody take shape in the US, Nov. 27-Dec. 4
Tentative clampdowns coming from both the Treasury and the House in the United States lead this week’s Law Decoded. Go to Source Powered by WPeMatico
Government
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DeFi and Eth 2.0 are whole new convos for regulators, says SEC’s Hester Peirce
United States SEC Commissioner Hester Peirce wants to focus on new guidance for DeFi and future Ethereum projects Go to Source Powered by WPeMatico
UN blockchain tool aims to improve land registry in Afghanistan’s cities
The United Nations wants to tackle urban challenges like land grabbing and inefficient use of space with blockchain technology. Go to Source Powered by WPeMatico
Swiss National Bank and BIS complete digital currency proofs-of-concept
The Swiss National Bank and BIS don’t want to miss out on possible blockchain-powered benefits for the financial system. Go to Source Powered by WPeMatico
Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
Despite ambitions of overtaking the dollar, China’s central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand. Go to Source Powered by WPeMatico
OCC works to win back House Democrats, still miffed at leader’s focus on crypto
Acting Comptroller Brian Brooks continues his work to reach across the aisle with pledges from major players to support minority-owned banks. Go to Source Powered by WPeMatico
Bitcoin is the ‘ultimate anti-lockdown investment,’ says Nigel Farage
The Financial Times scorns Nigel Farage for his apparently predictable embrace of libertarian cryptocurrency influencers. Go to Source Powered by WPeMatico
The Australian Senate just voted to kill the $10,000 ‘cash ban’ bill
A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate Go to Source Powered by WPeMatico
US lawmakers seek to make stablecoins illegal without federal approval
A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first Go to Source Powered by WPeMatico
Libra rebrands to Diem, hoping to shake off associations
The project is hoping that a new name will help people forget the mass regulatory panic that drowned out Libra’s initial announcement. Go to Source Powered by WPeMatico