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De Facto PoW Ban Fails in European Parliament
Today’s vote in the European Parliament (EP) on a potential PoW ban DID NOT PASS to become part of the Markets in Crypto-Assets...
Aug 21, 20223 min read


Executive Order; Gov't Funding Bill; South Korea's Crypto-Friendly President
President Biden Issues Long-Awaited Executive Order on Digital Assets What happened? President Biden signed an executive order that...
Aug 21, 20225 min read


CFTC Nominations; FSB on DeFi Risks; Sanctions
1. CFTC Nominees What happened? On Wednesday, the Senate Committee on Agriculture, which oversees the Commodity Futures Trading...
Aug 20, 20224 min read


AML/CFT Part 2: Sanctions Compliance and Law Enforcement in the DeFi Ecosystem
In the last post, we debunked the common misconception that DeFi protocols are out of compliance with current laws and policies in the...
Aug 20, 20224 min read


FATF Travel Rule; DOJ Cryptocurrency Enforcement; Rep. Gottheimer's Stablecoin Bill
1. The Travel Rule — Crypto Firms Announce the Formation of the “TRUST” Platform What happened? A group of some of the largest crypto...
Aug 20, 20224 min read


AML/CFT Part 1: Where Government Meets DeFi
There’s a lot of focus on decentralized finance (DeFi) in policy conversations these days. Lawmakers on Capitol Hill, in particular, have...
Aug 20, 20226 min read


KYC Act; Senate Stablecoin Hearing; BlockFi Settlement
1. Rep. Warren Davidson’s Keep Your Coins Bill What happened? This week, Congressman Warren Davidson (R-OH) introduced the “Keep Your...
Aug 20, 20223 min read


Multisig Withdrawal Notice #5
The DEF’s steering committee will withdraw 325,000 $USDC and 0 $UNI from the DEF’s multisig to fund upcoming grants and expenses. After...
Aug 20, 20221 min read


House Stablecoin Hearing; Senate Spot Market Hearing; Staking Taxes
1. The House Financial Services Committee Held Its Second Hearing on Stablecoins. What Happened? On Tuesday, the House Financial Services...
Aug 20, 20226 min read


SEC Rulemaking; Himes Amendment; "Mnuchin Rule" Reborn?
Good afternoon. Thank you for subscribing to our new newsletter. We’ll provide updates on the DEF’s activities and policy developments...
Aug 19, 20224 min read
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