Policy

OKX to Expand to the U.S., Establish Regional Headquarters in California

In February, the Seychelles-based exchange paid the DOJ $500 million to settle charges it had operated in the U.S. without a money transmitter license.

Coconut drink, Port Victoria, Seychelles

BoE's Andrew Bailey Nominated to Lead G20-Crypto Supervisor FSB

The G20 tasked the FSB with coordinating the delivery of a regulatory framework for crypto-assets.

BoE Andrew Bailey (WPA Pool / Getty Images)

Tether May Develop U.S.-Only Stablecoin Under New Regulations: FT

Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."

Tether CEO Paolo Ardoino (Tether)

More from Policy

OKX Fined $1.2M by Malta for Breaching Money Laundering Rules

The company was expected to assess the nature of risks prevalent in the services it was offering, the Financial Intelligence Analysis Unit said in a notice.

Malta, Valletta (Micaela Parente/ Unsplash)

Illinois to Drop Staking Lawsuit Against Coinbase

Three other states — Kentucky, Vermont and South Carolina — have already dropped their suits.

Paul Grewal, Chief Legal Officer, Coinbase (Shutterstock/CoinDesk)

U.S. SEC Nominee Atkins Gets Confirmation Nod From Senate Banking Committee

The panel voted to advance the confirmations of Paul Atkins to run the SEC and Jonathan Gould to lead the OCC, both of which would have a big say in crypto.

Paul Atkins (Senate Banking Committee)

Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations

Sun said at a press conference that the current laws contain systemic loopholes.

Justin Sun speaks at a press conference in Hong Kong (Tron)

U.S. House Committee Advances Stablecoin Bill, While Dems Warn of Trump Conflicts

Though many Democrats on the House Financial Services Committee voted with Republicans to move the bill, they raised flags about the Trump-tied stablecoin.

CoinDesk placeholder image