Regulations


Policy

CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds

A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.

Padlock and chain (Georg Bommeli/ Unsplash)

Policy

Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC

The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys.

close up of Mastercard logo and hologram on a payment card

Policy

Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations

IOSCO denied crypto industry requests for a bespoke regime for stablecoins while requiring closer cooperation between regulators in promotional material.

globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)

Policy

California, Texas Among States Accusing GS Partners of Misleading Crypto Investors

Offers of a tokenized Dubai skyscraper and assets in the metaverse were fraudulent and unregistered, state regulators say, and boosted by celebrities such as boxer Floyd Mayweather.

Ex-boxer Floyd Mayweather Jr. is among celebrity promoters who have been tied to GS Partners, which has been accused by state regulators of committing crypto fraud.  (Ronald Martinez/Getty Images)

Policy

UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say

The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.

Firms may leave the country. (Romain V / Unsplash)

Policy

Ramaswamy Shares Crypto Plan, Making Him the Only GOP Candidate Who Has One

The 2024 U.S. presidential candidate would fire most of the SEC, direct the government to back off crypto software developers and ease a path for digital assets as commodities.

Republican presidential candidate Vivek Ramaswamy has shared his plan for how he'd deal with crypto. (Anna Moneymaker/Getty Images)

Finance

Head of Dubai Crypto Regulator to Quit to 'Pursue Other Interests'

VARA also plans to fine at least 12 crypto companies for failing to comply with guidelines by a Nov. 17 deadline, Bloomberg reported.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Policy

Singapore Central Bank to Start 'Live' Wholesale CBDC Trials

The trials are part of a broader initiative to set up infrastructure for digital money transfers, including tokenization of banking assets.

(Shutterstock)

Policy

Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court

The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence.

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

Policy

U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules

Chairman of the House Financial Services Committee, Patrick McHenry (R-NC) and Congressman Ritchie Torres (D-N.Y) led a group of nine lawmakers in the effort.

U.S. Rep. Patrick McHenry got tied up as temporary Speaker of the House, distracting him from crypto legislation. (Jesse Hamilton/CoinDesk)