Taiwan’s crypto watchdog has drafted 10 guiding principles for virtual asset service providers operating in the country.

The politician faces harsh competition from pro-crypto candidates of all sorts, with his already shaky popularity in the polls declining.

Binance CEO Changpeng Zhao sought to dismiss concerns around executive departures, claiming they are moving into bigger roles outside Binance, and said reports are market FUD.

The policy paper includes recommendations for regulating activities related to stablecoins and decentralized finance (DeFi) and was requested by the Indian presidency of the G20.

Mairead McGuinness believes that the CBDC project should be approached “quietly and slowly” by the next European Commission.

Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets.

Bello Usman Abdullahi, the chief operating officer of the blockchain education platform Bitkova Academy, said the language barrier is one of the current major challenges.

Australian Senator Andrew Bragg says a rejection of his crypto bill would drive investment away from the country, but a lawyer says the work that went into the bill will inform the government’s approach.

Ripple Labs Chair Chris Larsen says that following the recent cases involving Ripple, Grayscale and the Securities and Exchange Commission, it is time for Congress to take the lead on crypto policy.

Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto.