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Ooki DAO members explore options in response to CFTC lawsuit

Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC.

Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

Bitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable.

Kazakhstan ready to legalize crypto as Russians flock to the country

A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities.

UAE Ministry of Economy opens up new headquarters in the Metaverse

The UAE Ministry of Economy continues its push into the Metaverse with the announcement of a "third address" located in a virtual world.

WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’

A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed.

CTFC commissioner proposes office focused on retail crypto investors

The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC.

Biden’s cryptocurrency framework is a step in the right direction

Cryptocurrency guidelines released by the Biden administration this month show that officials are considering the benefits of crypto. That’s a step in the right direction.

JPMorgan's CEO feels threatened by disruption in payment systems: Kevin O'Leary

At Converge22, the Shark Tank host said stablecoins are set to lead to a reduction in friction and fees worldwide.

US lawmakers propose amending cybersecurity bill to include crypto firms reporting potential threats

Under the proposed amendment, the 2015 legislation would be renamed the Cryptocurrency Cybersecurity Information Sharing Act.

CFTC Commissioner Kristin Johnson touts DCCPA bill in market risk advisory meeting

The committee meeting was Johnson’s first as committee sponsor; she chose to concentrate on digital assets and the Digital Commodities Consumer Protection Act in her opening.

Israel, Norway and Sweden's central banks partner with BIS to explore CBDC

The Project Icebreaker initiative aimed to improve cross-border payments by reducing costs and increasing speed and transparency, with a final report expected in Q1 2023.

Bank of England Deputy Governor Cunliffe on DLT securities settlement: Not so fast!

In a lengthy appraisal of distributed ledger technology, Cunliffe weighed its technical implications, which will be examined in greater detail when the FMI Sandbox premiers in 2023.

Bank of Ghana to foster financial inclusion through CBDC project

Kwame Oppong, an executive at Ghana’s central bank told Cointelegraph that a CBDC could give their citizens the opportunity to use a "decent form of payment."

Crypto.com scores fresh regulatory approval in France

The digital asset platform was focused primarily on acquisitions and sponsorship deals through the bull market but now seems to have shifted toward expansion, especially in Europe.

Crypto exchange Bitkub targeted by Thai SEC with wash trading claims

2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars.

Fed's Powell: DeFi needs appropriate regulation before expanding to retail

Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.

Binance Global Law Enforcement Training Program is official after year of activities

The cryptocurrency exchange has been holding workshops for law enforcement worldwide since hiring a prominent IRS cybercrime investigator to head its anticrime unit.

'Time is not on our side' to provide regulatory clarity on crypto, says US lawmaker

"We’ve got to move, pick a regulator, and give the market the certainty and guardrails it deserves," said House Representative Josh Gottheimer.

Japan preparing amendment to enforce FATF travel rules on crypto by May 2023: Report

Meeting international Anti-Money Laundering standards is the latest in a series of measures Japan has taken in recent months to improve its cryptocurrency regulation.

FCA green lights Revolut, making no UK crypto firms operating under temporary status

Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March.

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