Regulation


Politiche

The SEC's New Proposal to Redefine 'Dealer' Could Spell Bad News for DeFi

The 200-page proposal is ostensibly about the electronic trading of U.S. Treasurys – but many industry insiders smell a sneak attack against crypto.

SEC Chair Gensler Testifies Before Senate Banking Committee (Evelyn Hockstein-Pool/Getty Images)

Politiche

Biden Budget Proposal Estimates Additional $11B in Revenues by 2032 by Updating Crypto Rules

The proposal also seeks to expand the DOJ’s budget by $52 million to fight ransomware and combat the “misuse of cryptocurrency.”

WASHINGTON, DC - OCTOBER 08: U.S. President Joe Biden delivers remarks on the September jobs numbers in the South Court Auditorium in the Eisenhower Executive Office Building on October 08, 2021 in Washington, DC. According to the U.S. Labor Department, the economy added a disappointing 194,000 jobs in September as the COVID-19 Delta variant negatively impacted the usual annual hiring patterns. (Photo by Chip Somodevilla/Getty Images)

Politiche

Japan to Plug Loophole to Prevent Russia From Evading Sanctions Through Crypto: Report

Reuters reports a number of top government officials promising an imminent change to the country's Foreign Exchange and Foreign Trade Act.

Japan's National Diet Building (fotoVoyager/Getty images)

Finanza

India's Supreme Court Seeks Wallet Info From Suspect in $3.8B GainBitcoin Scam

Ajay Bhardwaj, the brother of Amit Bhardwaj, the primary suspect who is now deceased, has been asked to give his username and password to authorities.

Supreme Court of India (Shuttersock)

Finanza

UK Set to Disclose Plans for Regulating Crypto in Coming Weeks: CNBC

Like the EU's framework for crypto assets that is currently making its way through the legislative process, the U.K.'s regulatory efforts may also focus heavily on stablecoins.

U.K. finance minister Rishi Sunak will reportedly announce the government's plans for regulating crypto in the coming weeks. (Leon Neal/Getty)

Politiche

White House Wants Public Comments on Crypto’s Energy Use and Environmental Impact

The Office of Science and Technology Policy is crafting a report that will examine where crypto fits into the country’s climate goals.

The White House South Lawn, Washington DC, America (Joe Daniel Price/Getty Images)

Politiche

‘We Have Entered a Period of Pain,’ Says WazirX CEO of India’s New Tax Laws

Nischal Shetty, one of the most prominent figures in India’s crypto industry, talks candidly and at length about what’s at stake with the country’s new tax provisions.

WazirX CEO Nischal Shetty (WazirX)

Politiche

EU's MiCA Bill Moves Forward Without Bitcoin Limiting Provision

The EU's landmark legislative package for governing crypto assets is moving on to the next stage of negotiations without the divisive provision seeking to restrict the use of proof-of-work crypto.

European Union flags at Berlaymont building of the European Commission in Brussels, Belgium (Santiago Urquijo/Getty)

Video

OFAC and FinCEN Lacking Resources for Crypto Regulation

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses how OFAC and FinCEN budget concerns impact regulators' ability to have cohesive oversight of the space. Plus, a conversation about Fed Chair Jerome Powell and Bank of England Governor Andrew Bailey addressing the need for international coordination of cryptocurrency policy. 

Recent Videos

Politiche

Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs

Lawmakers will make a final call on banning Bitcoin-style validation and consider how to treat decentralized finance.

European Union flags at Berlaymont building of the European Commission in Brussels, Belgium (Santiago Urquijo/Getty)