Regulations


Политика

There's a Lot of Thefts Happening

Regulators don’t need more excuses to look suspiciously at the crypto industry, but a recent wave of hacks and thefts provide one anyway.

FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)

Политика

Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged

The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”

(Jesse Hamilton/CoinDesk)

Политика

UK Regulator Saw 'Poor' Engagement From Some Overseas Crypto Firms on Upcoming Ad Rules

With the rules set to take effect Oct. 8, officials at the Financial Conduct Authority have a plan to tackle non-compliant firms, CoinDesk was told.

Photo of people entering the FCA building

Политика

Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public

Chia fired 26 of its 70 employees as it continues its pitch to the U.S. Securities and Exchange Commission on going public and is weighing first-ever sales of some of its tokens.

Layoff. (Getty Images)

Политика

FTX's Former Auditor Prager Metis Sued by SEC

The regulator alleged in a court filing that the firm had entered into contracts with clients that violated auditor independence rules.

FTX Trading LLC auditor Prager Metis hosted a metaverse office launch party in Decentraland in October 2022. (Prager Metis)

Политика

Coinbase Obtains Payment License in Singapore

The Coinbase International Exchange received regulatory approval from Bermuda's financial regulator, and Coinbase registered with Spain's central bank last week.

Coinbase CEO Brian Armstrong (Coinbase)

Политика

BlockFi Says It's Taken Major Step Toward Emerging From Bankruptcy

The beleaguered lender’s restructuring plan may soon be finalized, pending a bankruptcy judge’s approval, BlockFi said in a notice to creditors.

Publicidad de BlockFi en Union Station, Washington D. C. (Archivo de CoinDesk)

Политика

Bankrupt Crypto Hedge Fund 3AC's Su Zhu Apprehended in Singapore, Liquidator Says

Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Политика

JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP

Hong Kong and Macau authorities say they've detained people closely linked to the scandal, bringing total arrests to 18.

Hong Kong harbor skyline view into Kowloon

Политика

Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren't Securities

Stablecoin buyers don't expect a profit so it's not an investment contract, argues the USDC issuer, supported by former commodities regulator Heath Tarbert.

Circle CEO Jeremy Allaire (Keisuke Tada)