Regulation


Policy

Coinsquare Exchange Execs to Resign Over Wash Trading Scandal

In a settlement with the Ontario Securities Commission, three seniors executives at the Canadian exchange agreed to step down and pay penalties over fake trades.

Cole Diamond, CoinSquare CEO (Brady Dale/CoinDesk)

Markets

ERX Gets License to Launch Exchange in Thailand

Thailand’s securities watchdog has granted a digital assets exchange license to Elevated Returns’ ERX trading platform.

Bangkok, Thailand

Policy

Russia to Treat Crypto as a Taxable Property

Russia changed its draft bill regulating crypto and digital assets. You won’t go to jail for facilitating crypto deals in the country – at least, not just yet.

russia

Policy

Singapore May Extend Crypto Regulation to Include Overseas Activities

Under the central bank's proposals, Singapore regulation would end up covering the overseas activities of locally based crypto companies.

Singapore (Rastislav Sedlak SK/Shutterstock)

Policy

CoolBitX and Elliptic Team Up to Offer Crypto Firms Compliance Tools

Elliptic and CoolBitX will provide a package of their respective solutions to crypto firms such as exchanges needing to stay in compliance with regulators.

Elliptic founder and CTO James Smith (CoinDesk archives)

Policy

Crypto Exchange Group Eyes 'Bulletin Board' System for FATF Compliance: Coinbase Exec

Top cryptocurrency exchanges including Coinbase will release a white paper detailing a way to comply with the Financial Action Task Force's "Travel Rule."

Coinbase CEO Brian Armstrong

Markets

UK Government Moving to Restrict Cryptocurrency Promotions

Under the U.K. government's proposals, unauthorized companies would need explicit approval to legally market cryptocurrency products.

Ether traders are looking to the London hard fork as a potential price catalyst.

Policy

Canada Crypto Exchange Coinsquare Accused of Wash Trading by Watchdog

The Ontario Securities Commission alleges Coinsquare manipulated markets with fake trading volumes between 2018 and 2019.

Toronto skyline

Finance

BlockFi Hires Former Deutsche Bank, Barclays Alum as General Counsel

The crypto lending platform has hired banking veteran Jonathan Mayers as general counsel in a bid to stay ahead of the regulatory curve.

BlockFi CEO Zac Prince

Policy

In the Aftermath of Hack, Lawmakers Blame Twitter, Not Bitcoin

Lawmakers are calling on Twitter to answer for a hack that shook the platform, focusing on cybersecurity rather than scapegoating cryptocurrencies.

Wyden_Shutterstock