The Regulatory State #28 - 4/11/22
CBDCs are now a top priority for central bankers but are years behind stablecoins and demands for regulation. Smart legislative options are emerging as issuers sit down regulators.
Crypto-Like Digital Dollar at Least Several Years Away, Yellen Says (WSJ)
Digital Euro May Get Easier AML Rules Than Bitcoin, EU Commissioner Says (CoinDesk)
Stablecoin Issuer Circle Leads U.K. Charm Offensive Ahead of New Rules (Bloomberg)
US Senator Proposes Looser Stablecoin Regulation (Blockworks)
De-dollarization is accelerating due to global conflict, alignment of Russia and China, and emerging economies moving away from the dollar peg.
US House Bill Seeks To Study El Salvador’s ‘Careless Gamble’ on Bitcoin (Blockworks)
Bitcoin Now Legal Tender in Special Economic Zone of Honduras (Blockworks)
Are we witnessing the beginning of de-dollarization? (The Hill)
Global regulatory parity is on pace as predicted as government embrace innovation and focus on regulation.
UK Government To Release Its Own NFT in Bid To Embrace Crypto Technology (Daily Hodl)
Yellen to Lay Out Broad Principles for Regulation of Digital Assets (Bloomberg)
Gensler Wants SEC and CFTC to Regulate Crypto Exchanges Together (Decrypt)
SEC Chair Gensler says agency is planning greater oversight of crypto markets to protect investors (CNBC)
Singapore Passes Law to Tighten Rules for Crypto Providers (Bloomberg)
Crypto Use Is More Prevalent in Corrupt Countries, IMF Study Finds (Bloomberg)
Russia fallout continues to drive AML enforcement, banking regulation, and stronger sanctions.
EU Bans High Value Crypto Services to Russia Aimed at Closing Sanctions Loopholes (Decrypt)
FDIC Asks All Banks to Report Crypto Activities (CoinDesk)
New U.S. sanctions target Russia's largest banks and Putin's children (NPR)
BTC spot ETF…wen?
Wonky SEC Ruling Reignites Spot U.S. Bitcoin ETF Approval Debate (Bloomberg)
Crypto boomers are waking up and embracing the new paradigm (welcome Jamie)...
Peter Thiel Deems Buffett, Dimon, Fink Enemies of Bitcoin (WSJ)
‘Decentralized Finance and Blockchain Are Real’: JPMorgan CEO Jamie Dimon (Decrypt)
Regulatory flooring is fast approaching and the barbarians at the gate (TradFi) are pining to flood in.
Regulatory Uncertainty Is a Barrier for Wider Bitcoin Adoption (WSJ)
FTX US Holding Back on Token Listings Due to Regulatory Uncertainty: CEO (Decrypt)
Crypto as a single issue vote
Why Can't Politicians Lead With Crypto? (Decrypt)
Deltec, Chainalysis, Robinhood and More Join Crypto Market Integrity Group (CoinDesk)
Too soon, just…too soon, and don’t know where to even start…
Does the Metaverse Need a Free Trade Agreement? (CoinDesk)
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