Regulations


Policy

House Votes to Erase SEC Crypto Policy While President Biden Vows Veto

The House of Representatives voted in favor of a resolution to oppose the SEC's crypto accounting policy, Staff Accounting Bulletin No. 121, as President Biden defends it.

President Joe Biden is threatening to veto an effort in Congress to overturn the Securities and Exchange Commission's crypto accounting policy. (Chip Somodevilla/Getty Images)

Policy

UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation

Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline what more is coming later.

U.K Economic Secretary Bim Afolami (U.K. Parliament)

Policy

U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions

The New York Innovation Center of the Federal Reserve Bank of New York will act as a technical observer.

The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)

Policy

The Crypto Lawsuit State of Play

The industry is virtually flooding the courts with requests for clarity.

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Policy

Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan

The new reorganization plan must first be approved by a Delaware bankruptcy court.

Current FTX CEO John J. Ray has worked to clawback funds spent by the previous operators of the defunct FTX exchange. (Wikimedia Commons)

Policy

Former NFL Star Rob Gronkowski to Pay $1.9M to Settle Crypto Investor Suit

The NBA's Victor Oladipo and racecar driver Landon Cassill also struck deals, and a group of Voyager investors said this was the "first tranche" of settlements with promoters of the former cryptocurrency lender.

Tom Brady and Rob Gronkowski, right (Matt Winkelmeyer/Getty Images for Netflix)

Policy

Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

U.S. DOJ Identifies and Charges LockBit Ransomware Gang Leader with Fraud, Extortion

The U.S. State Department is offering a $10 million reward for information that leads to the apprehension of 31-year-old Russian national Dmitry Khoroshev.

LockBit's site has been taken over by federal authorities. (UK National Crime Agency)

Policy

Poll: Most People Cringe About Crypto, But Enough Care to Warrant Politicians' Attention

A survey of swing-state voters shows that as many as 21% of them are serious about crypto policies, though more than two thirds of people distrust the digital-assets movement.

Sen. Sherrod Brown's Ohio is one of several swing states in which a new Harris poll measured crypto sentiment. (Jeff Swensen/Getty Images)

Policy

Australia’s Tax Office Tells Crypto Exchanges to Hand Over Transaction Details of 1.2 Million Accounts: Reuters

The ATO said the data will help identify traders who failed to report their cryptocurrency-related activities.

Sydney Opera House in Australia (Stanbalik/Pixabay)