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” Web3 will be key to the future of China’s internet, says security regulator “ The director of the Science and Technology Supervision Bureau of China’s Securities Regulatory Commission Yao Qian has called for a special focus on Web3, deeming it to be the future of the internet. Yao published an article titled “Web 3.0: A New…
” Exodus crypto wallet starts trading on SEC-registered platform “ Major software cryptocurrency wallet Exodus has gone public on the digital asset securities firm Securitize Markets following a $75 million crowdfund capital raise. Exodus’ shares started trading on Securitize on Wednesday, allowing investors from all across the United States and international investors from more than…
” Democrat division over crypto isn’t all bad news for regulation “ The Biden Administration has just passed an executive order furthering research into crypto assets in view of regulating them, but politicians within the ruling Democrat party remain deeply divided on digital currency. The lack of consensus among Democrats could mean that a progressive…
” Congress members concerned SEC stifling innovation with crypto scrutiny “ In a bipartisan letter put forward by Republican Minnesota Congressman Tom Emmer, a cohort of Congress members has written to Securities and Exchange Commission (SEC) Chairman Gary Gensler, challenging the regulator’s scrutiny of cryptocurrency firms and expressing concern that “overburdensome” investigation may be suffocating…
” Blockchain Association policy head: US shouldn’t compete with China’s CBDC using surveillance tools “ Jake Chervinsky, head of policy at crypto advocacy group the Blockchain Association, said the United States should be careful to avoid a “totalitarian nightmare” in its potential launch of a central bank digital currency, or CBDC. Speaking at Austin’s SXSW…
” Ukraine’s president signs law establishing regulatory framework for crypto “ Volodymyr Zelenskyy, the president of Ukraine currently based in Kyiv, has signed a law establishing a legal framework for the country to operate a regulated crypto market. In a Wednesday announcement, Ukraine’s Ministry of Digital Transformation said Zelenskyy signed a bill named “On Virtual…
” The European Commission is looking for blockchain regulatory sandbox operator “ On Monday, March 14, the European Blockchain Observatory announced a call for tenders to contract a consortium, the mission of which would be to facilitate and operate a pan-European regulatory sandbox for distributed ledger technologies, or DLT, and blockchain, in particular. A major…
” Biden’s executive order promises great things for the crypto industry — Eventually “ United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets on March 9. The order had been expected for several months, giving some in the industry ample time to build up trepidation. Once the executive…
” Commissioner Allison Lee announces her departure from the SEC “ Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in June. In a Tuesday announcement, Lee said that she will remain in the role until her successor has been confirmed….
” Biden’s pick for Fed vice chair for supervision withdraws amid Republican objections “ Former Federal Reserve Board governor Sarah Bloom Raskin has withdrawn her name for consideration as the central bank’s vice chair for supervision in an attempt to allow other nominations to move forward. According to a Tuesday tweet from Washington Post journalist…