The Friday Focus: Issue 52

Welcome to our Friday newsletter - Our weekly crypto news summary, separating the signal from the noise.

Weekly happenings in the crypto industry (Sept 16th - Sept 23rd)

Crypto regulations continue making headlines. The EU finalizes the legal text for its landmark crypto regulatory framework MiCA. The framework will open for crypto companies to access the entire EU market by obtaining a license in just one jurisdiction. Coinbase is the latest exchange to get such a license. In the US, Colorado now accepts crypto as a tax payment. Meanwhile, Tether and Bitfinex are ordered to show financial documents over the USDT stablecoin.

Hacks continue plaguing DeFi, as crypto market maker Wintermute was hacked for $160M, but remains solvent after the attack.

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