Regulation


Policy

China’s NDRC to Consider Punitive Electricity Prices for Crypto Mines

The central government called on provinces to “take responsibility” of their jurisdictions.

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

Finance

‘10 Fundamental Rights’: Binance Pitches Crypto Doctrine in Face of Heightened Regulation

The crypto exchange’s top item: “Every human being should have access to financial tools, like crypto, that allow for greater economic independence.”

Binance CEO Changpeng Zhao (Anthony Kwan/Bloomberg via Getty Images)

Finance

SEC Rejects VanEck’s Spot Bitcoin ETF Proposal

The decision did not come as a surprise given SEC chair Gary Gensler’s preference for a bitcoin futures ETF.

Bitcoin Climbs Above $60K After Report SEC Won’t Block Futures ETF

Policy

Russian Ministries, Duma Want to Legalize Crypto Mining: Report

The Russian central bank opposes the measure.

The Kremlin and Saint Basil's cathedral in Moscow. (Michael Parulava/Unsplash)

Policy

Indian Crypto Companies to Meet With Lawmakers Next Week: Report

Three exchanges will be among the attendees.

India

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

Indonesia’s Religious Leaders Declare Crypto Illegal for Muslims: Report

Crypto could be traded as a commodity if it abides by Shariah law and demonstrates a clear benefit.

Jakarta, Indonesia

Finance

MakerDAO’s Christensen Turns Optimistic After US Stablecoin Report

The founder of the crypto lender and stablecoin issuer had feared the worst about potential regulation.

MakerDAO founder Rune Christensen on CoinDesk TV

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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