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Bank of Israel experiments with central bank digital currency smart contracts and privacy

The Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.

Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?

BIS: 90% of Central Banks are researching the utility of CBDCs

The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.

Risky business: Celsius crisis and the hated accredited investor laws

Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes

Huobi cryptocurrency exchange is expanding its global footprint by winning its first-ever licenses in Dubai and New Zealand.

Law Decoded, June 13–20: Celsius exodus and liquidity crisis

The American platform became the first to freeze the withdrawal operations, but it might not be the last.

China’s WeChat bans crypto and NFT-related accounts

The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.”

Chinese court invalidates 2019 car sale made using now worthless crypto token

It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place.

Hester Peirce expresses strong support for crypto spot ETFs and regulatory structure

The pro-crypto SEC commissioner and “Crypto Mom” had sharp words for SEC behavior toward Bitcoin spot ETF sponsorship applicants, delivered at a libertarian forum.

Resistance is futile! 3 reasons why Bitcoin mining will never go away

Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done.

State securities regulators investigate Celsius over withdrawal suspension: Report

Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market.

Soulbound Tokens: Social credit system or spark for global adoption?

Regulations and exchange delistings put future of private cryptocurrencies in doubt

At a time when privacy tools and coins have become the primary target of regulators around the world, the future of privacy-focused coins looks obsolete.

Bank of Russia backs cross-border crypto payments vs. domestic trade

Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.

Huobi to permanently shut crypto operations in Thailand

Huobi Thailand failed to fix system issues despite several extensions given by the Thai SEC.

Kazakhstan to let crypto exchanges open bank accounts

Exchange platforms will get an opportunity to operate legally in the Astana International Finance Center in 2022.

CAR president urges citizens to understand Bitcoin to bring long-term prosperity

For the past few weeks, the crypto market has been in a tailspin. While other investors may have given up on BTC, its ardent supporters continue to extol its virtues.

BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation

Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in 2020.

Crickets on day 1, but Proshares short Bitcoin ETF volume up 380% on day 2

A slow first day of trading on the short Bitcoin ETF may have been nothing but a slight hiccup in ProShares’ newest product as volumes grew on the second day.

‘Rush of radical rulemakings’ — Hester Peirce criticizes SEC agenda

Peirce has called for regulatory clarity around certain issues relating to crypto as part of the SEC Spring 2022 Regulatory Agenda, which was released on Wednesday.

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