Regulation


Policy

Texas State Regulator Greenlights Banks to Custody Crypto

A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.

Texas' state bank regulator said existing regulations allow its chartered institutions to provide crypto custody services.

Markets

Indian Government Poised to Loosen Tough Stance on Crypto: Report

It's the latest twist in India's oft-changing posture toward fast-growing crypto markets.

India is yet again reconsidering its posture toward cryptocurrencies.

Markets

Denmark's Century-Old Tax Code to Get Crypto Facelift: Report

The ministry cites a risk of fraud and an increased number of tax filing errors as the catalyst for cracking down on crypto tax evasion.

Christiansborg, palace and government building, the seat of parliament, in central Copenhagen, capital of Denmark.

Markets

Looming ‘Death Cross’ Could Signal Bitcoin Bear Market

A death cross occurs when the 50-day moving average crosses below the 200-day moving average.

Bitcoin might be headed for a "death cross," potentially a worrying pattern on price charts.

Policy

Iranian President Wants to Regulate Crypto 'as Soon as Possible'

Hassan Rouhani talked about regulating cryptocurrencies during a meeting on consumer prices.

iran riyal notes

Policy

El Salvador Residents Are Split on Bitcoin Adoption Bill

Some Salvadoran residents are excited by the thought of bitcoin being treated as legal tender, while others are concerned it may just be a tool for corrupt officials.

nayib bukele

Markets

Coinseed Shuts Down Following Lawsuit, Slams NYAG Letitia James

The company’s website now advertises an airdrop of the “F***LetitaJames” token.

New York state Attorney General Letitia James (CoinDesk archives)

Policy

Basel Committee Says It Will Study Crypto-Asset Rules

The committee said it will publish a consultation document later this week.

BIS headquarters in Basil, Switzerland.

Markets

Texas Governor Signs Law Creating Legal Framework for Crypto Investments

The law amends adapts commercial law to blockchain and digital assets, and defines virtual currencies.

Welcome to Texas

Markets

Bitcoin’s Bull Market ‘May Have Come to an End,’ Says MRB Partners

Some analysts expect limited upside in bitcoin despite the possibility of a brief bounce.

(Shutterstock)