Regulation· ★★★· bearish·

Three Records This Week All Concern Who Gets to Freeze Crypto Funds

  • —Conduit filed suit against Tether over $2.76 million in frozen USDT
  • —Cardano Foundation published CIP-0113, a standard granting issuers freeze and seize powers
  • —BaFin rejected bitcoin.de's MiCA license application, halting trading
  • —The exchange is reportedly preparing a new corporate setup to reapply
Why it matters: The power to halt crypto assets is being codified in courts, standards and licenses, shifting risk for stablecoin and token holders.
Source: Bitcoin Insider