Industry representatives call the authorities not to go beyond the scope of the FATF Travel Rule recommendation.
US Air Force files trademark application for ‘SpaceVerse’ initiative
SpaceVerse was defined as “a secure digital metaverse that converges terrestrial and space physical and digital realities” as well as provides a simulated environment for training.
Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF
The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information.
Crypto-focused PAC has used $9M to support Democratic candidates since January
The Protect Our Future PAC used more than $9 million toward mainly digital, television and radio ad buys for U.S. House of Representatives candidates’ campaigns.
Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed
Bitcoin options markets are pricing further downside while margin traders are going increasingly long.
Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill
Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender.
President Biden announces former Ripple adviser as pick for Fed vice chair for supervision
The vice chair for supervision seat at the Federal Reserve has been vacant since governor Randal Quarles’ term ended in October 2021.
Binance CEO explains what he’s most excited about in 2022
Zhao said that regulators want to be a part of this industry now, calling this “one of the most fundamental things we’ve shifted.”
China-based regulatory and trade associations target NFTs in latest risk notice
“We solemnly call on consumers to […] be vigilant and stay away from NFT-related illegal financial activities,” said the associations.
Regulating crypto firms: ‘It’s important that policymakers are involved,’ says Web3 Foundation COO
According to Bertrand Perez, some lawmakers are still making decisions “too fast or without having education” on crypto, but Libra may given them a push to develop a framework.
XRP price bounces to $0.72 but still risks new lows in April — Here’s why
XRP risks plunging to $0.50 in April as it breaks out of a classic bearish continuation structure.
Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq’s Jake Rapaport.
Pro traders turn into bears after Ethereum price dropped to $3,200
Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price.
Number of UK crypto firms operating under FCA temporary registration status drops
The Financial Conduct Authority named CEX.IO, Revolut, Copper, Globalblock and Moneybrain as companies in the crypto space temporarily allowed to operate in the United Kingdom.
EU bans providing ‘high-value crypto-asset services’ to Russia
Prohibiting crypto services was one of three financial measures the European Commission proposed in addition to an import ban on Russian coal.
Former US Senator and House member joins Crypto Council for Innovation
Sheila Warren said the addition of Cory Gardner was based on his experience “to build a stronger economy and support innovation” as well as his commitment to Web3 and crypto.
Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry
BTC price is in a freefall, and data suggests bears will keep the pressure on until April 8’s options expiry.
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
“Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen.
Toomey drafts bill to exempt stablecoins from securities regulations
The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations.
President Biden is preparing to announce picks for SEC commissioners: Report
Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June.