Regulation


Markets

Traditional Money Could Be 'Surpassed' By E-Money, Stablecoins: IMF Paper

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

IMF

Markets

Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech

U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users' data from "exploitation."

Kevin McCarthy via his FB

Markets

What to Expect When Congress Grills Facebook on Cryptocurrency

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting

Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.

Japan finance ministry

Markets

UK Announces 'Dirty Money' Crackdown, Including Tougher Crypto Regime

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

(Drop of Light/Shutterstock)

Policy

What Trump's Bitcoin Tweet Changes

Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin's mainstream moment.

(Evan El-Amin/Shutterstock)

Markets

Police in Spain Say Bitcoin ATMs Expose Problems in Europe's AML Laws

Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult.

BTC2

Markets

China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head.

Zhou Xiaochuan

Markets

Canada's Crypto Exchanges Must Now Register as MSBs, Report Transactions Over $10K

Canada has updated its anti-money laundering rules, classing crypto exchanges as MSBs and mandating financial compliance and reporting.

Canada parliament

Markets

Winklevoss-Backed Crypto Self-Regulatory Group Prepares to Woo Congress

The Virtual Commodity Association has launched six committees to write “well-informed, sensible regulation” for the crypto industry.

little people with coins