3 takeaways from the European Union’s MiCA regulations
The European Union has become the first major jurisdiction to pass a comprehensive crypto law, the Markets in Crypto-Assets (MiCA) regulation, which aims to provide...
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec
OpenAI CEO Sam Altman will make his first appearance before Congress on May 16 to discuss artificial intelligence (AI) regulation in the United States during...
US lawmakers hold EU and UK as examples of crypto regulation in joint hearing
Some members of the United States House of Representatives’ Financial Services and Agriculture Committees pointed to crypto asset frameworks being employed outside the country when...
HCW analyst raises price target on Coinbase stock after strong Q1
Coinbase reported strong results for its first financial quarter last week. HCW analyst Mike Colonnese now sees upside in “COIN” to $77. Coinbase stock is...
Bear market pushes crypto events to cut fluff, prioritize discourse
The extended crypto winter has pushed crypto event organizers to tone down on the lavishness, allowing attendees to focus on asking more “intelligent questions” about...
BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’
The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency (CBDC)...
Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase’s legal chief has requested the United States Securities and Exchange Commission (SEC) make several revisions to its proposed regulation on the responsibilities of registered...
Estonia squeezes out 400 crypto firms after new laws
Almost 400 Virtual Asset Service Providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the government’s recently enhanced Terrorist Financing...
‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules
A proposal by the United States securities regulator to tighten rules around crypto custody has been met with opposition from at least two proponents of...
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Last week brought several significant international developments in regulation. Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce...