Policy & regulation

CBDCs

Bank of Russia Plans Prototype for Its Digital Ruble Design in December

The digital ruble will live in a hybrid technological platform combining distributed ledger technology and centralized control by the central bank.

Policy & regulation  ·  8 April 2021
Wyoming

Wyoming’s New Online Sports Betting Law OKs Crypto Wagers

Pro-blockchain lawmakers in the state have made cryptocurrency inclusion a natural feature of their legislative agenda.

Policy & regulation  ·  7 April 2021
Newsletters

The Accidental Crypto Lobbyist

Our reporter contacts state lawmakers for clarification and ends up inadvertently reshaping a bill.

Policy & regulation  ·  7 April 2021
CBDCs

The Real Trouble With Cross-Border Payments

Blame governments, not technology, for costly and inefficient international payments. But private cryptocurrencies could help.

Policy & regulation  ·  6 April 2021
IRS

State of Crypto: The IRS Sets Its Sights on Circle

The IRS has issued a John Doe summons to Circle, in a repeat of its collection of Coinbase customer information. What has changed since then?

Policy & regulation  ·  6 April 2021
Gold

‘Satoshi’s Birthday’: April 5 Is a Day to Be Thankful for Bitcoin

The 88th anniversary of FDR's executive order 6102 brings a sobering reminder of the value of confiscation-resistant currency.

Policy & regulation  ·  5 April 2021
Opinion

There’s More to Inflation Than the Money Supply

The printer may be going "brrrrr" but increasing the money supply doesn't necessarily lead to inflation, writes EY's blockchain leader.

Policy & regulation  ·  5 April 2021
SEC

Former SEC Chairman Jay Clayton Warns of New Bitcoin Regulations

In a TV appearance, ex-SEC Chair Jay Clayton warned new regulations around bitcoin could be coming soon.

Policy & regulation  ·  2 April 2021
IRS

IRS Seeks Names of Circle Customers Transacting Over $20K in Crypto

A Massachusetts court is supporting a request from the IRS to obtain the records of Circle customers, the Department of Justice said Thursday.

Policy & regulation  ·  1 April 2021
South Korea

S. Korea’s Crypto Rules Might Only Help the ‘Big 4’ Exchanges

South Korea may not be planning to ban cryptocurrencies, but its regulatory regime may only favor the biggest incumbents.

Policy & regulation  ·  1 April 2021
Crime

DeepDotWeb Operator Pleads Guilty to Laundering $8.4M in Bitcoin Kickbacks

Tal Prihar admitted to taking bitcoin payments from darknet marketplaces in exchange for referral links.

Policy & regulation  ·  31 March 2021
Regulation

Indian Crypto Firms Suggest Policy Ideas to Government Ahead of Possible Ban

Exchanges including WazirX, CoinDCX and others are presenting government officials with their vision for how India should regulate crypto.

Policy & regulation  ·  30 March 2021
Newsletters

State of Crypto: FATF’s New Guidance Takes Aim at DeFi

The Financial Action Task Force addressed DeFi and NFTs in its new proposed draft guidance, but its new definitions might be extremely broad.

Policy & regulation  ·  30 March 2021
CoinFlash

UK to Focus Regulation on Stablecoins Rather Than Crypto in General: Report

“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.

Policy & regulation  ·  30 March 2021
Regulation

India’s Millennials Embrace Digital Gold Despite Proposed Bitcoin Ban

A crypto ban is hovering above India, but the country's younger generations are still excited about bitcoin.

Policy & regulation  ·  29 March 2021