FinTech
China to Expand Trials of e-CNY by Bringing it to Over 360M New Users
The People’s Bank of China is planning to expand trials of e-CNY in its most populous provinces “at a proper time.”
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Policy
Policy
House Bill Might Place a Two-Year Ban on Stablecoins like TerraUSD
The House is reportedly working on a bill that might ban algorithmic stablecoins for a period of two years, and mandate a government study on LUNA-like tokens.
FinTech
Hong Kong Seeks to Launch Wholesale CBDC Within 2-3 Years
Hong Kong completed market consultations on the development of its own CBDC, with the city planning to roll out a wholesale e-HKD in two to three…
Policy
The US Treasury Asks the Public to Help Guide the Future of Crypto Regulation
The Treasury inquired the public on how it should handle crypto-related crime, help provide safe and affordable financial services, and promote innovation.
Policy
Sparkster Settles With the SEC for $35M Over a 2018 ICO
Following a lengthy investigation, Sparkster agreed to pay $35 million to investors that participated in the ICO and destroy all of its remaining SPRK tokens.
Policy
SEC Sues Ian Balina Over a $30M ICO
A crypto-influencer and Youtuber, Ian Balina, faces charges from the SEC over a $30 million token offering from Sparkster conducted in 2018.
Policy
White House Unveils First-Ever Framework on Digital Assets Regulation
The White House published its first-ever framework on crypto regulation, focusing on minimizing fraud in the industry and exploring the advantages of CBDC.
Policy
Why the $1M Campaign to Change Bitcoin’s Code Will Likely Bear No Fruit
Environmental advocates have intensified their campaign for Bitcoin to switch to a more eco-friendly consensus mechanism following Ethereum's successful merge.
Policy
Senator Criticizes SEC Over Crypto Regulation as Gensler Implies ETH is Now a Security
Just hours after Ethereum completed “The Merge”, Gensler made comments that imply that ETH, as well as any other crypto that utilizes staking, is definitely a…
Policy
CFTC Chair Requests More Authority Over the Crypto Market
Chairman Behnam appeared today before the U.S. Senate Committee on Agriculture, Nutrition, and Forestry in support of a bill that could give his agency more power…
Policy
SEC Sues a Crypto Firm From Chicago Over a $1.5M ICO
Today the SEC continued its hunt for companies that illegally raised money through unregistered initial coin offerings by going after Chicago Crypto Capital.
Policy
Coinbase to Grade Representatives Based on Their Stance on Crypto
Coinbase is integrating a scorecard for members of Congress and Senate into its app hoping it will help bring about more crypto-friendly policy.
Policy
LUNA Drops 40% as Arrest Warrant Issued for Do Kwon and 5 Others
A court in South Korea issued arrest warrants for Do Kwon and 5 others in connection with capital market crimes.