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Regulation
FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto
Three men allegedly used foreign crypto exchanges to launder the proceeds of a scheme that targeted nearly a dozen financial institutions in the New York metro area.

The IRS Should Offer a Free Tax Reporting Tool to DeFi Users
Blockchain is not the problem, it is the solution to the problem the U.S. tax agency wants to solve through its highly controversial "broker rule."

U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy
Even if the agency is forced by the GAO finding to submit its Staff Accounting Bulletin 121 to Congress for review, lawmakers probably won't strangle the policy, according to experts.

Cost of Not Enacting Crypto Regulation Is 'Extremely High,' Legal Expert Says
As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., Vanderbilt Law School Professor and Associate Dean Yesha Yadav discusses the string of bankruptcies the crypto industry has seen and how bankruptcy courts have effectively become "quasi-regulators in the mix."

SEC’s Gensler Won’t Say What’s Next With Bitcoin ETFs After Grayscale Loss
The agency chairman also declined to give any indications on timing or the order applications might be considered.

What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut
Regulatory oversight is a force of legitimacy and stability for businesses with new ideas, Flowdesk's Anne-Sophie Cissey writes.

It’s Time for a Purpose-Built Disclosure Framework for Crypto
Without looking at the unique attributes of crypto, it will be difficult (or even impossible) to understand and place a valuation on a crypto asset.

Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds
The BitLicense axis between New York and California may draw in other jurisdictions as the states solidify their position as the only regulatory option for crypto businesses in the U.S.
