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” US Treasury calls for public comment on digital asset policy, following Biden’s executive order “ The United State Department of the Treasury has requested comments from the public on the potential opportunities and risks of digital assets in compliance with President Joe Biden’s executive order from March. In a Tuesday announcement, the U.S. Treasury…
” US crypto regulation bill aims to bring greater clarity to DAOs “ On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address some of the biggest questions facing the digital assets sector. By providing holistic guidance to…
” After Terra’s fall to Earth, get ready for the stablecoin era “ Stablecoins were supposed to be the boring uncle of the crypto world — safe, sensible and dull. They’re probably not what Satoshi Nakamoto had in mind, but they’re supposed to be a reassuring haven of calm and utility away from the turbulence…
” A mandate for blockchain businesses is to rebuild global trust “ Trust is the cornerstone of socioeconomic success and geopolitical balance. Our current world is exhibiting a massive trust deficit. Distrust is resulting in socioeconomic failures and geopolitical angst. Blockchain’s superpower is trust. It is time to mandate blockchain businesses to rebuild trust, success…
” Know thy customer: The future of KYC in crypto “ Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-school centralized protocols of traditional finance, but cohabitation is inevitable for the maturing industry. The tension never really goes away, but…
” Web3 activists fight for reproductive rights with NFTs, DAOs and protests “ Web3 community members are fighting back against the United States Supreme Court’s ruling to overturn Roe v. Wade. On June 24, 2022, the landmark court case that previously assured the right to have an abortion was overturned, sparking a backlash among reproductive…
” UK prime minister announces departure following mass resignations “ Boris Johnson, who has been the prime minister of the United Kingdom since 2019, said he will step down as leader of the country’s Conservative Party but will remain head of state until a replacement has been found. In a speech in front of 10…
” Crypto owners banned from working on US Government crypto policies “ US government officials who privately own cryptocurrencies are now banned from working on regulations and policies that could affect the value of digital assets. A new advisory notice released by the US Office of Government Ethics (OGE) on Tuesday stated that the de…
” Singapore’s financial watchdog considers further restrictions on crypto “ The Monetary Authority of Singapore, or MAS, has been “carefully considering” adding restrictions that could affect how retail investors handle crypto, according to one of the government’s senior ministers. According to parliamentary records published on Monday, Singapore senior minister and MAS chair Tharman Shanmugaratnam said…
” Sango crypto hub goes live in the Central African Republic “ The Central African Republic (CAR) has launched its new government-backed Sango crypto hub initiative to foster the development of the local digital asset sector. The Sango project follows the CAR’s adoption of Bitcoin (BTC) as legal tender in April. The initiative aims to…