crypto regulation

Attorneys for Sam Bankman-Fried are clapping back at the Department of Justice in a new memo Friday, claiming prosecutors exaggerated the amount of access FTX founder really has to defense material. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the arguments in the letter and whether Bankman-Fried has a chance to be released from jail ahead of his trial in October.

Sep 11, 2023

SOMA Finance, a joint venture between MANTRA and Tritaurian Capital, is gearing up to offer the first legally issued and compliantly structured digital security to global and U.S. retail investors. SOMA.finance co-founder and co-CEO William Heyn discusses the move amid the current regulatory environment for the crypto industry in the U.S.

Sep 8, 2023

Genesis Global Capital filed a suit against Digital Currency Group (DCG) and Digital Currency Group International (DCGI), seeking the repayment of multiple loans with a principal amount of over $600 million. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the filings and what the suit means for the crypto lender's ongoing bankruptcy case.

Sep 7, 2023

SEBA, a crypto bank based in Switzerland, said it won approval-in-principle (AIP) from Hong Kong's Securities and Futures Commission (SFC) for its regional subsidiary as it looks to extend its international presence. APAC CEO of SEBA Bank Amy Yu discusses the move, sharing insights into Hong Kong's crypto ecosystem and its role in the global digital assets scene.

Sep 6, 2023

Digital Assets Council of Financial Professionals founder Ric Edelman shares his price prediction for bitcoin (BTC) as JPMorgan analysts predict the SEC is likely to be forced to approve the spot bitcoin ETF applications from several asset managers, after a federal court ruled that the regulator must review its rejection of Grayscale’s attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF. Grayscale and CoinDesk are both owned by DCG.

Sep 5, 2023

The U.S. Securities and Exchange Commission (SEC) delayed until October a decision on all spot bitcoin exchange-traded fund (ETF) applications, according to agency filings on Thursday. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the potential timeline for a firm decision to be made. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

Sep 1, 2023

The U.S. Securities and Exchange Commission (SEC) has 45 days to appeal a federal circuit court's decision saying the agency must review Grayscale Investments' application to launch the first spot bitcoin ETF. Perkins Coie Partner and former SEC enforcement lawyer Keith Miller shares insights into the next steps, explaining why this is a "crack in the SEC's cryptocurrency foundation." Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

Aug 31, 2023

The U.S. Securities and Exchange Commission (SEC) issued its first NFT-related enforcement action, charging Los Angeles-based entertainment company Impact Theory on allegations the NFTs that were sold on the platform were actually unregistered securities. Hermine Wong, herminewong.xyz principal and former SEC Special Counsel, breaks down the SEC's argument and the potential outcomes. "No one can say NFTs are securities, and the order doesn't tell us that," Wong said. 

Aug 30, 2023

The Atlantic Council says 130 countries are currently exploring a central bank digital currency (CBDC). Atlantic Council GeoEconomics Center associate director Ananya Kumar shares her insights into the race for the future of money and the privacy implications. Plus, the role of CBDCs in the U.S. presidential election and the outlook for the digital dollar.

Aug 29, 2023

The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the future requirements. Taxbit head of government relations Miles Fuller discusses what to make of the new plan and the potential outcomes.

Aug 28, 2023