LINE’s Crypto Exchange to Cease Activity in South Korea Ahead of Regulatory Deadline: Report
The development shows potential for many foreign exchanges to pull or limit services within the country ahead of tougher regulations.
Regulation
Diem: A Dream Deferred?
Aug 20, 2021
Is diem what the world needs? "It's a start," economist Darrell Duffie says.
The SEC chief has a point: DeFi is often not as decentralized as its proponents like to claim.
The Crypto Asset Monitoring Bureau will officially launch in September and oversee licensing for exchanges and other operators.
Some analysts are optimistic about the long-term recovery in crypto prices, although the pace of the upside will likely slow over the short term.
The watchdog isn't banning the exchanges.
Regulation
Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’
The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue between regulators and market participants.”
