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Business
Regulations
5ire Raises $100M to Fund Expansion of Sustainable Blockchain
The company will use what it calls a Proof-of-Benefit mechanism, saying it is the only sustainability-focused blockchain unicorn in the world.
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By Amitoj Singh
Jul 15, 2022 at 3:30 a.m. UTC
Jul 15, 2022
RegulationsSeries AFundingBlockchain
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Policy
Regulations
India's Crypto Industry Advocacy Body Disbanded
The Blockchain and Crypto Assets Council was the country's only crypto lobbyist group.
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By Amitoj Singh
Jul 14, 2022 at 8:13 a.m. UTC
Jul 14, 2022
RegulationsCryptoIndiaPolicy
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Policy
Regulations
Former Crypto Adviser Michael Barr Confirmed as Top US Financial Watchdog
The Senate approved the appointment of Barr, an ex-Ripple adviser who served in Obama’s Treasury Dept., as the Fed’s new vice chair for supervision.
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By Jesse Hamilton
Jul 13, 2022 at 8:00 p.m. UTC
Jul 13, 2022
RegulationsFederal ReserveStablecoinsCBDCRippleMichael Barr
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Policy
Regulations
South African Central Bank to Look at Regulating Crypto
The country may also issue a central bank digital currency.
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By Amitoj Singh
Jul 13, 2022 at 4:56 p.m. UTC
Jul 13, 2022
RegulationsSouth AfricaSouth African Reserve BankCryptoCBDC
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Policy
Regulations
Kazakh Crypto Mining Tax Hike Signed Into Law by President Tokayev
The tax rate will depend on electricity usage, average electricity price and power source.
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By Eliza GkritsiAmitoj Singh
Jul 13, 2022 at 10:54 a.m. UTC
Jul 13, 2022
RegulationsKazakhstanTaxMining
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Policy
Regulations
International Standard Setters Publish Guidance on Stablecoin Regulations
The two groups recommend that stablecoins be treated the same as other assets that perform a transfer function.
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By Camomile Shumba
Jul 13, 2022 at 10:14 a.m. UTC
Jul 13, 2022
RegulationsPolicyStablecoinsBIS
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Policy
Regulations
US Treasury Opens Door for Public Comments on Biden’s Crypto Order
The U.S. agency will accept comment letters by Aug. 8 on the president’s March order to establish a regulatory regime for crypto.
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By Jesse Hamilton
Jul 12, 2022 at 8:40 p.m. UTC
Jul 12, 2022
RegulationsUSTreasury DepartmentJanet Yellen
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Policy
Regulations
Looking at the Claims Celsius Operated Like a Ponzi
A new lawsuit alleges that a major crypto lender was, in fact, a Ponzi scheme. Happy Tuesday folks.
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By Nikhilesh De
Jul 12, 2022 at 2:30 p.m. UTC
Jul 12, 2022
RegulationsNewslettersState of CryptoCelsius
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Policy
Regulations
Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says
The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking. If certain risks involving crypto can’t be managed, related activities must be stopped.
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By Camomile Shumba
Jul 12, 2022 at 12:25 p.m. UTC
Jul 12, 2022
RegulationsUKUK GovernmentBank of EnglandStablecoinsStablecoin
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Policy
Regulations
US Fed Vice Chairwoman Brainard Doesn’t Like What She’s Seeing in Crypto
Lael Brainard argued aggressive regulation is needed for the sector before things get out of hand.
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By Jesse Hamilton
Jul 8, 2022 at 3:47 p.m. UTC
Jul 8, 2022
RegulationsFederal ReserveLael Brainard