Policy


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.

Mairead McGuinness, Ireland's European Commissioner, speaks during a news conference in Brussels, Belgium, on Wednesday, Dec. 16, 2020. The European Unions executive arm dismissed the idea of setting up a bloc-wide bad bank to help lenders offload distressed credit in the wake of the pandemic, instead offering to help governments create national entities if necessary. Photographer: Delmi Alvarez/European Commission/Bloomberg via Getty Images

Policy

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.

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Policy

Huobi Global to Expel Singapore Users, Citing Local Regulations

The exchange is looking to expand overseas to make up for lost Chinese users.

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Policy

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.

WASHINGTON, DC - NOVEMBER 06: U.S. President Joe Biden speaks during a press conference in the State Dining Room at the White House on November 6, 2021 in Washington, DC. The President is speaking after his Infrastructure bill was finally passed in the House of Representatives after negotiations with lawmakers on Capitol Hill went late into the night. (Photo by Samuel Corum/Getty Images)

Policy

S. Korean Regulator Says NFTs Are Not Virtual Assets: Report

Seoul will follow FATF guidance on the matter of NFTs and its regulation.

Gyeongbokg palace in Seoul. (Image credit: Chan Young Lee/Unsplash)

Policy

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.

Sede del Banco de España. (Shutterstock)

Policy

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.

Anshun covered bridges in Chengdu, Sichuan. (Zain Lee/Unsplash)

Policy

Ant Group, Tencent Change NFT References to ‘Digital Collectibles’: Report

NFTs appear to be facing regulatory heat in China.

People's Bank of China headquarters, Beijing. (Max12Max/Wikimmedia Commons)

Markets

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.

Riyadh, Saudi Arabia. (Ekrem Osmanoglu/Unsplash)

Policy

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.

(Andy Feliciotti/Unsplash)