Making sense of the Bitfinex Bitcoin billions
What happened with the Bitfinex hack? What does it mean now that the U.S. has the Bitcoin? Why is LEO token mooning and why is Netflix involved? Go to Source Powered by WPeMatico
US Government
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Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads
The lawmaker claimed that crypto is not real money and companies splurging millions on advertisements proves that. Go to Source Powered by WPeMatico
Law Decoded: States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation. Go to Source Powered by WPeMatico
SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
The penalty comes after months of heightened regulatory attention to crypto lending platforms. Go to Source Powered by WPeMatico
Laundering via digital pictures? A new twist in the regulatory discussion around NFTs
From money laundering concerns to the categorization dilemma, these topics will define the emerging regulatory discussion around NFTs. Go to Source Powered by WPeMatico
MIT, Boston Fed give digital dollar CBDC a modest test run
Blockchain-based architecture was deemed “not a good match” as researchers weighed several technological designs. Go to Source Powered by WPeMatico
US Federal Reserve bank at the helm of CBDC research effort appoints new president
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank. Go to Source Powered by WPeMatico
Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7
Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes. Go to Source Powered by WPeMatico
US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year
FDIC’s acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. Go to Source Powered by WPeMatico
Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?
A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols. Go to Source Powered by WPeMatico
