Regulation
U.S. Bill Demands Stablecoin Reserves be in Cash and Treasuries
Stablecoin issuers like Tether Holdings and Circle Inc. will have to keep their reserves in cash and treasuries if this…
Block Magnates
Regulation
In Block Magnates we cover the latest crypto regulation news and trends from around the web
Financial regulation is the process by which government bodies and financial institutions exercise control over the financial system. The goals of financial regulation vary depending on the jurisdiction, but typically include ensuring the stability of the financial system, protecting consumers and investors, and preventing crime. Financial regulation has evolved rapidly in response to changes in the economy and technology, and it is
Regulation
White House, FED, Treasury Department, and all U.S. Government Employees with Exposure to Crypto cannot write on Crypto Policy
The U.S. Office of Government Ethics (OGE) now bans all government employees with crypto exposure from commenting on digital asset…
Regulation
SEC Chair: Bitcoin is the only Commodity
In a recent interview, Gary Gensler, the SEC Chair, said Bitcoin is the only cryptocurrency he would classify as a…
Regulation
Binance Dismisses the $2.35 Billion Money Laundering Claim
Binance has responded to allegations made by Reuters that it helped launder over $2.35 billion of illegal funds over the…
Regulation
U.S. Republican Senator Cynthia Lummis Wants America to Win the Crypto Race
Cynthia Lummis, the Senator from Wyoming, has said she wants America to win by "thoughtfully embracing Bitcoin and digital assets."
Regulation
A Bill Demanding U.S. Congress Members to Disclose Crypto Holdings above $1k Filed
A bill that requires members of U.S. Congress and their kin to divulge any crypto holdings exceeding $1k has been…
Regulation
Two of Australia’s Largest Banks Rule out Retail Crypto Trading
Two of Australia's top banks have said they are glad they didn't jump on the crypto bandwagon, ruling out crypto…
Regulation
U.S. Federal Officials Want Cryptocurrency Exchanges to Separate Client and Corporate Funds
Following Coinbase's disclosure to the U.S. SEC, Federal officials now want cryptocurrency exchanges to separate client and corporate funds.
Regulation
A Victim in Singapore Accuses Terra’ Do Kwon of Running a Ponzi
A victim in Singapore has filed a report with the police, accusing Terra's Do Kwon of running a Ponzi scheme.
Regulation
Banks in Argentina Barred from Processing Crypto Buy Requests
Argentinian banks have been banned from processing all crypto purchase requests from clients following a directive from the central bank.