Consensys Submits FDIC Feedback on Proposed GENIUS Act Rules
TL;DR: Consensys submitted comments to the FDIC warning that its regulatory proposal for the GENIUS Act could unduly extend to wallet software and DeFi. The firm
Regulation (Latest Publications)
Latest news about Bitcoin and Cryptocurrencies focused on the regulation and acceptance of the states.
The regulation of Bitcoin [BTC] and different cryptocurrencies is something that generates speculation, the new laws, decrees or sentences around virtual currencies are a current issue in governments. Their eagerness to regulate and control cryptocurrencies has led them to take action on this matter.
On Crypto-Economy we investigate and contrast the information offered to make a selection of the latest news concerning the bitcoin regulation, Altcoins or the ICOS.
South Carolina Enacts Comprehensive Crypto Framework
TL;DR: South Carolina enacted a comprehensive crypto framework banning state and local authorities from accepting, requiring or testing central bank digital currency payments. The law protects
Senator Warren Accuses OCC of Approving Unqualified Crypto Banks in New Letter to Regulator
TL;DR Senator Elizabeth Warren challenged the OCC’s approval process for several crypto-focused trust banks linked to custody and stablecoin services. Warren argued that these firms are
SEC Plans Framework for Trading Tokenized Versions of Stocks
TL;DR: The Depository Trust & Clearing Corporation (DTCC) has scheduled the start of trial operations with tokenized assets for the month of July. The U.S. Securities
Crypto Faces Key Week as Macro Pressure Builds
TL;DR: Crypto markets enter May 18 to 22 after erasing nearly three weeks of gains, with inflation, Fed speeches and sentiment reports driving risk. Key events
Myanmar Military Government Proposes Life Sentences for Major Crypto Scammers
TL;DR Myanmar’s military government introduced a draft law that could impose life sentences and, in some cases, the death penalty for large-scale crypto fraud and online
South Korea Sets July Rules for Tokenized Securities
TL;DR: South Korea’s FSC plans to release detailed tokenized securities rules in July before blockchain-based securities enter the capital markets framework in 2027. The package may
Prediction Markets Gain Room Under CFTC Letter
TL;DR: CFTC staff issued no-action relief for fully collateralized event contracts, easing selected swap data reporting and recordkeeping duties for regulated venues. The process covers DCMs,
UK Central Bank Signals Easing of Stablecoin Rules
TL;DR: The Bank of England is reviewing draft stablecoin rules after Sarah Breeden acknowledged the initial proposal may have been too conservative. Proposed caps would limit
Hoskinson Blasts Clarity Act Shift Over Developer Risk
TL;DR: Charles Hoskinson attacked efforts to remove Section 604 from the Clarity Act, saying open-source developers could face unfair liability for third-party misuse. The National Fraternal
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