cryptocurrency regulation

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Crypto News Roundup for July 29, 2021
With bitcoin hovering around $40K and a look at a troubling-for-crypto section of Washington’s proposed Infrastructure bill, CoinDesk’s Markets Daily is back with the latest news roundup.
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Senator Warren Urges ‘Coordinated and Holistic’ Response to ‘Dangers’ of Crypto
In her letter to Treasury Secretary Janet Yellen, Warren cited DeFi, crypto-enabled cyber attacks and unique threats posed by stablecoins as risks to the financial system.
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Japan Increasing Efforts to Regulate Digital Currency: Report
The move is a sign of increasing concern that new forms of private money could disrupt Japan's financial system.
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OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto
"Prior to this meeting, Vice Chair Quarles, Chair McWilliams and I had talked about potentially putting together an interagency policy sprint team just on crypto because of exactly the concerns you've described," Hsu said.
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Coinbase CEO Armstrong Lobbies US Lawmakers as Crypto Scrutiny Ramps Up
Armstrong said he visited Capitol Hill to network and help answer questions about crypto.
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Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New
The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies.
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Library of Congress Reports Surge in Crypto Law Searches
The surge comes as America's largest library rolls out a crypto regulatory guide.
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Infosec Exec Urges US Lawmakers to Tighten Crypto Regs Over Pandemic-Driven Scams
Cryptocurrencies should be regulated more stringently, a VMWare security executive told U.S. lawmakers, citing a rise in cybercrime during the pandemic.
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Crypto Should Try Self-Regulation, CFTC Commissioner Says
Commissioner Brian Quintenz called on the industry to form a self-regulatory body and startup execs said oversight is a fact of life at a Yahoo event.
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Hawaiian Bills Would Capture Crypto Under Money Transmission Law
Hawaiian lawmakers are aiming to address cryptocurrency, this time by update money transmission law in the state.
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