Binance to Wind Down Derivatives in Europe; Malaysia Orders Closure

Users in some European countries will be unable to open new derivative positions, effective immediately.

Ireland’s Central Bank Governor Says Digital Euro Is ‘Very Likely’

Introducing a digital euro would represent a "fundamental shift" in the eurozone's financial architecture, Governor Gabriel Makhlouf noted.

Colombia’s First Commercial Bank Will Let Users Transfer Money to Crypto Exchange

Banco de Bogotá will allow money transfers with crypto exchange Buda.com as part of a pilot program in August.

Framework to Regulate Crypto, Stablecoins Introduced in US Congress

Rep. Don Beyer (D-Va.) said the existing digital asset market structure and regulatory framework are too “ambiguous and dangerous for investors and consumers.”

Think Tank Rand Says Crypto Should Be Included in US-Japan Digital Trade Deal

It may be the time to reconsider the exclusion of crypto in the 2019 agreement, according to experts from the Rand Corporation.

BlockFi Gets More Time From NJ Regulators Before New Interest Accounts Are Banned

An order by the New Jersey Bureau of Securities had already been delayed once.

New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes

The draft language could mean a number of individuals interacting with crypto may have to start reporting their transactions.

Federal Reserve Keeps Rates Near Zero, Still Sees Inflation as ‘Transitory’

Even while pressure mounts to taper its asset purchases, the central bank will continue its accommodative quantitative easing.

Israeli Bill Would Force Crypto Investors to Report Holdings Above $61K

The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.