A curated selection of headlines and news from around this multiverse—including deals, developments and other disruptions in DeFi.
Seven significant crypto players—Binance.US, Circle, Solana Foundation, the Aave Companies, Hedera, TRM Labs and Civic—launched a community-driven initiative aimed at fraudulent activity such as scams and hacks. Read More >>
Andreessen Horowitz Establishes $4.5B Crypto Fund, the Largest of Its Kind Read More >>
Crypto Exchange FTX Looks to Expand Into Stock Trading Read More >>
Based on news reports, the European Commission is considering hard curbs on the ability of stablecoins to become widely used in place of fiat currency. Read More >>
US Department of Commerce, International Trade Administration Request for Comment on “Developing a Framework on Competitiveness of Digital Asset Technologies” Read More >>
The Bank for International Settlements (BIS) released a report—titled “Banking in the Shadow of Bitcoin? The Institutional Adoption of Cryptocurrencies”—analyzing the roles of financial intermediaries in crypto markets and assessing related activity across the banking sector. Read More >>
The Organization for Economic Cooperation and Development (OECD) released a report examining institutional investor participation in markets for digital assets, including crypto-assets and decentralized finance (DeFi). The report—titled “Institutionalisation of Crypto-Assets and DeFi–TradFi Interconnectedness”—examines risks and potential benefits of the decentralization of financial services, as well as putting forward policy recommendations. Read More >>