Fate of stablecoin bill in doubt as House Financial Services Committee misses key deadline

The much talked-about but never resolved stablecoin bill still is not ready to see the light. With this Congress coming to a close and August recess beginning in days, the bill’s odds of becomin...

US antitrust watchdog sues to stop Facebook from monopolizing the metaverse

The US antitrust regulator is suing Facebook to stop it from dominating the metaverse. On July 27, the Federal Trade Commission (FTC) filed suit to stop Facebook from acquiring Unlimited and its virtu...

Japan Considers Opening Web3 Policy Office

Japan is considered among the most advanced nations across the globe. The Japanese Ministry of Economy, Trade and Industry (METI) is thinking about a Web3 Policy Office. They issued a report which inc...

Hulu Will Allow Political Issue Ads After All, Disney Says After Democrats Slam Policy

Topline Hulu will now air political ads about issues like abortion and gun control, parent company Disney said Wednesday, reversing a previous policy that prohibited ads dealing with “sensitive” polit...

Crypto Council for Innovation hires legal and lobbying leadership

The Crypto Council for Innovation (CCI) is hiring two long-term government insiders on the trade association’s leadership team.  In an announcement shared with The Block, CCI said it has hired L...

The SEC is investigating Coinbase over its coin listings: Bloomberg

The US Securities and Exchange Commission  (SEC) is investigating Coinbase for improperly allowing trading in several tokens that should have been registered as securities, according to a report from ...

Lawmakers race to release draft of stablecoin bill ahead of August recess

US House of Representatives lawmakers could introduce draft text of a stablecoin bill as early as this week, a last-ditch effort to keep regulation front-of-mind ahead of the August recess.  Lawmakers...

Tampa Bay Buccaneers Make Smart Move, Sign Julio Jones As Insurance Policy

The addition of Julio Jones ensures Tom Brady will have no shortage of offensive weapons in 2022. … [+] (Photo by Cooper Neill/Getty Images) Getty Images The Tampa Bay Buccaneers are loading up ...

Japan Ministry of Economy launches Web3 policy office

In an important landmark for the buzzword, The Ministry of Economy, Trade and Industry (METI) of Japan opens its own Web3 Policy Office in the Minister’s Secretariat. The new entity commits to bringin...

Led by exchanges, crypto industry lobbying grew 17% in Q2 2022

Despite market chaos and broad layoffs, the crypto industry has continued pouring money into lobbying programs. According to an analysis by The Block, cumulative lobbying expenditures by crypto firms ...

Fed policy and crumbling market sentiment could send the total crypto market cap back under $1T

The total crypto market capitalization broke above $1 trillion on July 18 after an agonizing thirty-five-day stint below the key psychological level. Over the next seven days, Bitcoin (BTC) traded fla...

European Markets Brace for US Fed Policy, Several Regional Corporate Earnings This Week

Following the ECB’s rates hike last week, European markets might move depending on reports from corporate earnings and a new US Fed policy. After a few rollercoaster weeks mostly characterized by lowe...

Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’ – Regulation Bitcoin News

The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to ...

California ends ban on crypto campaign donations

California campaigns can soon accept donations in cryptocurrency after the state’s campaign regulator ended a four-year ban on crypto contributions on Thursday. The California Fair Political Practices...

Amazon’s Policy Head Jay Carney Departs For Airbnb

Topline Jay Carney, Amazon’s top policy executive and a former White House press secretary in the Obama administration, is quitting the company to join Airbnb as its global head of policy and communic...

EU, US swap policy intel on European crypto regulation, stablecoins

The EU and the US swapped crypto policy insights on stablecoins and other issues during a joint financial forum in Brussels last week. Representatives from the two governments met as part of an EU–US ...

House lawmakers prep bipartisan stablecoin bill to unveil next week

Members of the House of Representatives are working to get a stablecoin bill together for a markup meeting next Wednesday.  Democrats of the House Financial Services Committee are holding a member cal...

Maryland House primary winner promises ‘even-handed’ crypto regulation

The crypto industry is one step closer to landing a new potential ally in Congress after Maryland Democrat Glenn Ivey won a congressional primary on Tuesday night. Ivey defeated former Rep. Donna Edwa...

UK Treasury unveils plan to regulate stablecoins in Financial Services and Markets bill

The UK unveiled its Financial Services and Markets bill in Parliament on Wednesday – a set of legislation that includes guidelines on the safe adoption of cryptoassets.  Nadhim Zahawi, who stepped int...

CFTC ends case against the deceased McAfee’s pump-and-dump schemes by fining former bodyguard

The US civil cases against the elusive and now deceased John McAfee have come to an end. On July 18, the Commodity Futures Trading Commission announced a settlement and injunction against Jimmy Gale W...

USDC issuer Circle lays out its hopes for coming stablecoin policy

Dante Disparte, the leader of Circle’s government work, on July 18 published a set of 19 principles for stablecoin regulation, as part of the company’s efforts to shape US stablecoin polic...

Crypto-curious Dem on the ballot in hot Maryland primary

A crypto-curious Democrat could take one step closer to Congress this week, when Maryland voters head to the polls for a House primary in the Washington, D.C. suburbs. Glenn Ivey, a former Hill staffe...

Reddit Users Report Problems With Coinbase, Questions Celsius Like Policy

Crypto exchange Coinbase has come under fire as rumors of potential insolvency continue to grow. Now, Reddit users have started pointing out problems with Coinbase including withdrawals and transfers ...

Circle CSO lays out policy principles for stablecoins in US

Dante Disparte, Circle’s chief strategy officer and head of global policy who has previously testified at congressional hearings, has called on United States lawmakers to balance the risks with develo...

Policy Support For Clean Energy & Real Estate Lifts Stocks

China Last Night KraneShares Key News Asian equities started the week on a strong note except for Japan, which was off for Marine Day, a national holiday meant to give thanks for the ocean’s bounty. M...

Tencent NFT Marketplace Closes Down Due To Harsh Gov Policy

Tencent has stopped operations on one of its NFT platforms. The step was taken following the requirement for transformation and adjustments in the business. It is the publisher of the battle royale ga...

House, Senate Democrats push regulators to demand data from Bitcoin miners

A group of Congress members including US Sen. Elizabeth Warren and US Rep. Jared Huffman sent a letter to the Department of Energy (DOE) and Environmental Protection Agency (EPA) Friday asking regulat...

UK Treasury disclosures for first quarter reveal meetings with top crypto execs

UK Treasury disclosures for the first quarter of 2022 reveal a number of meetings between top officials and crypto companies.  The HMT Ministers’ Meetings log, published on the UK government web...

Sweden favors making steel over mining bitcoin as power gets scarce: Bloomberg 

Sweden’s Energy Minister Khashayar Farmanbar told Bloomberg in an interview that it was more important to provide electricity for job-creating projects like steel plants than for bitcoin miners that a...

Crypto execs gave more than $150,000 to Sen. Gillibrand in Q2

Sen. Kirsten Gillibrand (D-NY) raked in thousands from crypto executives including FTX CEO Sam Bankman-Fried and Gemini’s Cameron and Tyler Winklevoss, according to her latest fundraising report. Gill...

UK lawmakers seek input on the future of crypto

Lawmakers in the United Kingdom began an inquiry into the future of cryptocurrency on Wednesday, putting out a call for evidence that will remain open for the next 61 days.  The Treasury Committee is ...

Tencent shuts down NFT platform as gov policy makes it impossible to thrive

China’s internet giant Tencent has reportedly shut down one of the two nonfungible token (NFT) platforms owing to declining sales aided by the regressive monetary policies of the Chinese government. T...