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Regulations
EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says
Companies that market crypto alongside traditional securities might mislead consumers about access to fair advice and compensation, the European Securities and Markets Authority worries.
Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report
The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones.
French Lawmakers Strike Softer Deal on Crypto Influencer Law
A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears.
South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine
Continuing operations without applying for registration in the designated time period could lead to a $510,000 fine or imprisonment, the government has said.
South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report
The new rule was fueled by conflict of interest worries.
Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns
Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said.
Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail
A lower court had determined the value of Kwon's property based on "statements" and not concrete evidence, a high court cited in a decision to scrap his bail approval.
Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.
Excavating the Truth Around the Bitcoin Mining Discourse
CoinDesk went to Greenidge Generation to see if testimony and online conversations accurately captured the impact it had on the environment. The reality on the ground was far more nuanced than the discourse suggested.
Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks
Without mentioning the sector’s disastrous 2022, including the wide-ranging crypto political donations that turned sour, the leaders of Coinbase and Messari are at it again.
