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Policy
European Commission Urges Members to Agree on Crypto Regulations
The commission is hoping to finalize its proposed regulatory sandbox for financial products based on distributed ledger technology by the end of the year.

Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says
The minister and local mining industry see renewables as a solution to Kazakhstan’s energy woes.

Huobi Global to Expel Singapore Users, Citing Local Regulations
The exchange is looking to expand overseas to make up for lost Chinese users.

The Crypto Industry Isn’t Too Thrilled About Biden’s Big Policy Moves
Crypto lobbyists now face two problematic tax provisions and some debatable recommendations on stablecoin regulation.

S. Korean Regulator Says NFTs Are Not Virtual Assets: Report
Seoul will follow FATF guidance on the matter of NFTs and its regulation.

Spain’s Central Bank Requesting Financial Institutions to Outline Crypto Plans Until 2024: Report
The Spanish financial authority is asking banks to report on their business relationships with crypto service providers and exposure to crypto.

China to Release National Blockchain Standard Next Year, Says Official: Report
While cracking down on on the cryptocurrency industry, Beijing is pouring resources into blockchain for governmental and enterprise use.

Ant Group, Tencent Change NFT References to ‘Digital Collectibles’: Report
NFTs appear to be facing regulatory heat in China.

Saudi Central Bank Mulls Blockchain for Finance, Rejects Phasing Out Cash: Report
Saudi Arabia was one of the first countries to experiment with a CBDC.

What I Learned About Crypto Regulation From a Week in DC
Crypto has arrived in the capital and concerns about stablecoins are very real. Nikhilesh De, CoinDesk’s managing editor for global policy and regulation, takes stock.
