Policy & regulation

Crime

UK Police Raid Suspected Cannabis Factory, Find Bitcoin Mining Operation

“It’s certainly not what we were expecting!" one of the officers said.

Policy & regulation  ·  28 May 2021
Federal Reserve

Fed Research Finds Private Digital Currencies Can Be ‘Attractive Cash Alternative’ for Firms

The Richmond Fed looks at if and when it may be beneficial for firms to issue a digital currency in a new brief.

Policy & regulation  ·  28 May 2021
Court Cases

Massachusetts Judge Rules Robinhood Cannot Block Regulator’s Case

Robinhood was trying to stop an enforcement action alleging the platform encourages inexperienced users to make risky trades without safeguarding limits.

Policy & regulation  ·  28 May 2021
Newsletters

State of Crypto: What Regulators Said at Consensus 2021

Regulators are getting more involved in crypto, or so they said at this year's Consensus event.

Policy & regulation  ·  28 May 2021
Newsletters

The Node: Regulating Intermediaries in a DeFi World

Leading DeFi lawyers ask: Why apply rules designed for centralized finance to a world where intermediaries are code?

Policy & regulation  ·  27 May 2021
Opinion

Soulja Boy Tells ‘Em He Got Paid to Tweet

The rapper accidentally revealed he would be paid to tweet about SaferMars. As DJ Khaled, T.I. and others have found out, that's a no-no.

Policy & regulation  ·  27 May 2021
Regulations

White House Cyber Adviser Highlights Potential for Misuse of Crypto

Carol House, the National Security Council’s director of cybersecurity, said crypto developers failed to hardcode necessary guardrails.

Policy & regulation  ·  27 May 2021
Donald Trump

FinCEN’s New Head Says Controversial Trump-Era Crypto Proposal Is Still Pending

"Nothing's been decided," says Michael Mosier, the former Chainalysis counsel who became acting head of the financial crime-fighting agency this year.

Policy & regulation  ·  27 May 2021
China

Sichuan Energy Regulator to Meet to Discuss Bitcoin Mining: Report

Some mines in Sichuan are operating as usual despite the recent crackdown, Global Times reported.

Policy & regulation  ·  27 May 2021
Regulation

Why China’s Crackdown May Make Bitcoin Mining More Centralized

Big Chinese miners are likely to survive the crackdown.

Policy & regulation  ·  27 May 2021
Securities and Exchange Commission

SEC Starts Official Review of SkyBridge, Fidelity Bitcoin ETF Applications

The two bitcoin ETF bids join four others under official review with more still pending.

Policy & regulation  ·  26 May 2021
Opinion

Banning Crypto to Stop Hackers Is Like Banning Cheese to Stop Mice

A Wall Street Journal op-ed argues banning crypto can stop ransomware attacks, like the one on the Colonial Pipeline. The notion is ridiculous, says our columnist.

Policy & regulation  ·  26 May 2021
Libra

Libra Co-Creator Still Has Regulatory ‘PTSD’ From Her Time at Facebook

To change global payment rails, "you probably need to be a cowboy if you're a startup," Morgen Beller said.

Policy & regulation  ·  26 May 2021
Ripple

Ripple Waiting for SEC Suit Resolution Before Going Public, Says CEO

"The likelihood that Ripple is a public company is very high at some point," Brad Garlinghouse said at Consensus 2021.

Policy & regulation  ·  26 May 2021
CBDCs

Binance’s Brian Brooks: Digital Dollar ‘More a Discussion Than a Reality’

Building central bank digital currencies is not the American way, said the former Acting Comptroller of the Currency on CoinDesk TV today.

Policy & regulation  ·  26 May 2021