The policy paper includes recommendations for regulating activities related to stablecoins and decentralized finance (DeFi) and was requested by the Indian presidency of the G20.
Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission.
Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets.
Bello Usman Abdullahi, the chief operating officer of the blockchain education platform Bitkova Academy, said the language barrier is one of the current major challenges.
Australian Senator Andrew Bragg says a rejection of his crypto bill would drive investment away from the country, but a lawyer says the work that went into the bill will inform the government’s approach.
Ripple Labs Chair Chris Larsen says that following the recent cases involving Ripple, Grayscale and the Securities and Exchange Commission, it is time for Congress to take the lead on crypto policy.
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto.
The Financial Accounting Standards Board has recommended recording crypto at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.
The blockchain analytics firm claims Grayscale is the world's second-largest BTC entity.
The motion from Sam Bankman-Fried’s lawyers will now go to a three-judge panel, with less than four weeks before the former FTX CEO’s criminal trial is set to begin in New York.