Partnerships
Mining
Biden administration to draft report on crypto miners’ energy use, emissions
The report will study claims around the cryptocurrency mining sector, including energy consumption, noise pollution, and climate costs.
Regulation
EU regulators propose nixing crypto exchange licenses over money laundering breaches
Crypto exchange licenses should be revoked as a last resort in case of serious breaches of anti-money laundering laws, EU regulators say.
Investments
Binance Labs launches $500M fund to back Web3 projects
The new fund will invest in startups in the incubation, early and late stages of development that can boost cryptocurrency adoption.
Regulation
UK proposes legislation amendments to regulate stablecoin issuers
In the wake of the Terra LUNA collapse, the U.K. government has proposed amendments to regulate crypto firms, including stablecoin issuers.
Regulation
Australian consumer group calls for urgent regulation of crypto
With a few crypto exchanges shutting down and an increase in scams, crypto investors want the same level of protection as stock traders.
Legal
Terraform employees under probe for UST collapse in South Korea
A team of the Prosecutor's Office has summoned all Terra employees to investigate if the collapse was caused by price manipulation.
CBDCs
US Federal Reserve Vice Chair sees need for a digital dollar
Fed Vice Chair Lael Brainard said that the U.S. needs a CBDC to ensure the country's competitiveness in the global digital financial landscape of the future.
Crypto
Ripple eyes IPO after SEC lawsuit ends – CEO says
Ripple CEO Brad Garlinghouse said the US is falling behind other countries in providing regulatory clarity for crypto and hopes the lawsuit ends this year.
Metaverse
Emerging nations more bullish on metaverse versus developed world
People in emerging nations are more positive and familiar with the metaverse, and also expect it to significantly impact their lives in 10 years
Stablecoins
South Korea to tighten scrutiny of exchanges after Terra LUNA collapse
In an emergency two-day seminar, South Korean regulators discussed how to increase scrutiny of crypto exchanges amid the Terra LUNA collapse.
Exchanges
Litecoin’s privacy upgrade could lead to delisting from South Korean exchanges
Citing the altcoin's recent privacy upgrade, UPbit and Bithumb issued investment warnings against altcoins, which could potentially lead to delisting.
Banking
BNP Paribas joins JP Morgan’s blockchain to trade tokenized bonds
BNP Paribas will be able to borrow cash against tokenized U.S. treasury bonds for a few hours on J.P. Morgan's blockchain Onyx.