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Former Economic Secretary to the Treasury (EST) Tulip Siddiq reportedly didn’t meet a single crypto company on behalf of the new UK Labour government, according to unnamed industry insiders speaking with Sifted. Indeed, according to Sifted, Siddiq actually canceled meetings with crypto companies. Siddiq became the EST, otherwise known as City Minister, in July and helped introduce the UK’s 2026 crypto regulation roadmap as part of her role overseeing the financial services industry. However, she resigned this month following pressure in the wake of an anti-corruption investigation.  According to the aforementioned insiders, her contribution to crypto regulation wasn’t enough and she failed to make the space a priority. “The optics mean a lot to business guys particularly if you’re an American VC,” they told Sifted.  Sifted also learned via a freedom of information request that the previous Conservative government spent five years lobbying investment powerhou...

Why is Argentina mandating crypto service provider registration, and how will this rule reshape the industry?  As Argentina begins its crypto registration rule, this article briefly briefs on the critical changes, compliance expectations, and long-term implications in a direct, fluff-free analysis. Cryptocurrency and the casino landscape in Argentina: An evolving intersection In Argentina, the­ way cryptocurrencies and casinos work togethe­r is slowly changing. There aren’t any rule­s specifically about using cryptocurrency for gambling. Howeve­r, more people are­ using digital money, and it’s becoming part of Argentina’s e­conomy and society. This shows the country is accepting crypto. More­ and more people in Arge­ ntina are buying crypto currency regularly. The high inflation rates are one­ reason people are­ losing trust in the Argentine pe­so. Cryptocurrency is seen as an inve­stmen...

Polygon Labs, in collaboration with Arktouros law firm, has put forward a new regulatory framework that proposes designating certain decentralized finance (defi) protocols as critical infrastructure crucial to the national and economic security of the US. The suggestion was published on Jan. 29 by Rebecca Rettig and Katja Gilman of Polygon Labs, alongside Arktouros co-founder Michael Mosier. Their 45-page document focuses on combating illicit finance activities in the DeFi space. 1/ Today, @m_mosier_ @katjagilman & I are sharing a paper that begins a conversation around, & proposes a conceptual framework for, how to answer the "illicit finance" policy question as it relates to DeFi. A brief thread below, with links to the full paper + a summary document. pic.twitter.com/1OQ1gCHiAX — Rebecca Rettig (@RebeccaRettig1) January 29, 2024 The proposal recommends that genuinely decentralized DeFi protocols should be overseen by the US Treasury’s Office...