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Regulation
Australia Set for Massive Shakeup to Crypto Regulations: Treasurer
The country will launch its biggest payments reform in 25 years, the treasurer said in an interview.
India’s Crypto Bill Proposes ‘Arrest Without Warrant’: Report
Dealing in crypto could lead to an arrest without a warrant, and would be “non bailable,” according to the report.
DeFi’s Decentralization Is an Illusion: BIS Quarterly Review
The BIS review dedicated a special feature to discussing decentralized finance and its implications for financial stability.
SEC Rejects WisdomTree’s Spot Bitcoin ETF Application
The decision comes seven months after the agency said it would start evaluating the asset manager’s application.
Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.
Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds
The Wyoming senator is likely to vote against President Biden’s nominees to head the U.S. Federal Reserve, and will rally other senators against them, said a Lummis aide.
Morgan Stanley Sees Crypto-Banking Regulation Arriving Faster Than Expected
The bank’s analysts say this is positive for crypto banks Silvergate and Signature.
China’s Qihoo 360 Built Crypto Mining Monitoring Software to Support Crackdown
The cybersecurity company says 109,000 mining IPs were active daily on average in November.
Yellen Says Stablecoins Require Proper Regulations
The Treasury Secretary also said she agreed with current Financial Crimes Enforcement Network (FinCEN) guidance that crypto firms and providers that don’t custody customer funds should not be regulated.
Indian Finance Minister Says Monitoring Crypto Ads; Not Weighing Ban
The Indian government is set to bring out a new crypto draft bill in the winter session of parliament.
