Policy & regulation

Opinion

Congress, Don’t Rush Regulating Crypto

A sprawling infrastructure bill is the wrong venue for regulating an industry as complex and systemically important as crypto.

Policy & regulation  ·  2 August 2021
CBDC

Fed’s Brainard Says US Can’t Not Have a CBDC in a World in Which Others Have Them

Closer to home, Brainard said without a digital dollar the proliferation of stablecoins could fragment the payment system.

Policy & regulation  ·  31 July 2021
Regulation

Ukraine’s President Signs Law Allowing Central Bank to Issue a CBDC

The National Bank of Ukraine can now officially launch its own payment token.

Policy & regulation  ·  30 July 2021
Binance

Binance to Wind Down Derivatives in Europe; Malaysia Orders Closure

Users in some European countries will be unable to open new derivative positions, effective immediately.

Policy & regulation  ·  30 July 2021
Congress

Framework to Regulate Crypto, Stablecoins Introduced in US Congress

Rep. Don Beyer (D-Va.) said the existing digital asset market structure and regulatory framework are too “ambiguous and dangerous for investors and consumers.”

Policy & regulation  ·  29 July 2021
Senate

New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes

The draft language could mean a number of individuals interacting with crypto may have to start reporting their transactions.

Policy & regulation  ·  28 July 2021
Bitcoin

Israeli Bill Would Force Crypto Investors to Report Holdings Above $61K

The Israeli Bitcoin Association is opposing the proposed reporting requirement, calling it discriminatory.

Policy & regulation  ·  28 July 2021
China

Mining Difficulty Expected to Increase for the First Time Since China Crackdown

The positive adjustment could be the beginning of a surge in hashrate in the coming year.

Policy & regulation  ·  27 July 2021
Congress

Senate Banking Committee Bashes Bitcoin’s ‘Phony’ Populism

The hearing was almost certainly the testiest in a trio of crypto-themed inquiries Tuesday morning.

Policy & regulation  ·  27 July 2021
Newsletters

State of Crypto: Congress Is Holding 3 Hearings Today, Here’s What to Expect

Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases.

Policy & regulation  ·  27 July 2021
Tether

Tether Executives Facing Criminal Bank Fraud Charges: Report

The U.S. Department of Justice is investigating Tether for a possible offense conducted years ago, Bloomberg reported Monday.

Policy & regulation  ·  26 July 2021
Bitcoin Mining

New Jersey Pension Invested $7M in Bitcoin Mining Stocks Last Quarter

The $30 billion pension took stakes in Riot Blockchain and Marathon Digital Holdings in a first for the state.

Policy & regulation  ·  23 July 2021
Travel Rule

UK Starts Consultation on Applying Travel Rule to Crypto

The rule should be applied consistently “regardless of the technology being used to facilitate transfers,” the Treasury said.

Policy & regulation  ·  23 July 2021
Regulation

Solidus Hires Ex-Head of CFPB to Be Top Regulatory Official

The addition of Kathy Kraninger is the latest hiring of a former Trump official by a cryptocurrency company.

Policy & regulation  ·  22 July 2021
Securities and Exchange Commission

Global X Joins Firms Filing Bitcoin ETF Application With SEC

The fund manager filed a proposal with the SEC to list the Global X Bitcoin Trust on the Cboe BZX Exchange.

Policy & regulation  ·  22 July 2021