Japan passes stablecoin bill that enshrines investor protection
Japan’s parliament passed a bill on Friday that clarified the legal status of stablecoins and defined them essentially as digital money.
Category: Regulations
US charges ex-OpenSea exec with NFT insider trading
Nate Chastain, the former head of product at New York-based OpenSea, is accused of buying NFTs soon before the company planned to feature them on its homepage, profiting from their exposure and his company’s apparent endorsement, according to the Justice Department.
Russia’s central bank sees space for crypto in international trade: report
Last week, the Russian finance ministry said that allowing cryptocurrency to be used to settle international payments would help Russia counter the impact of Western sanctions.
Carbon credit standard-setter Verra prohibits blockchain and crypto tokenization
Standard-setting organization Verra announced its intended approach to crypto instruments and tokens that are associated with carbon credits from its flagship Verified Carbon Standard (VCS) Program, the world’s largest carbon crediting program.