Consumer Protection


Policy

Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With $6M

The decision comes in the wake of the $230 million hack on crypto exchange WazirX last month.

CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (CoinDCX)

Policy

Turkey’s Upcoming Crypto Rules Will Protect Users While Fostering Innovation, Lawmaker Says

Ömer İleri, who oversees Information and Communication Technologies for Turkey’s ruling party, met with representatives of the crypto sector to discuss upcoming regulations.

Ömer İleri, Deputy Chairman in charge of Information and Communication Technologies for Turkey's ruling AK Party. (CoinDesk Turkey)

Opinion

Chainalysis VP Caroline Malcolm: U.S. Crypto Policy Needs to Accomplish These 3 Things

The analytics firm's vice president of global public policy lays out the pillars she'd advocate for in any U.S. legislative proposal, informed by her experience of working with governments and industry players worldwide.

Korean police storm seven exchanges (Tchab0/Unsplash)

Policy

TradFi Fights for Tougher Crypto Rulebook in Wake of FTX Collapse

Traditional finance players want new international rules to stop FTX-style conflicts of interest, but the crypto industry warns of crimping blockchain benefits

The Financial Stability Board is based in Basel, Switzerland. (carmengabriela/Getty Images)

Policy

EU's ESMA Raises Alarm Bells Over Growing Crypto Use as It Prepares for New Powers

The European Securities and Markets Authority is worried about consumer rip-offs as well as novel risks like hacks and consensus manipulation

(Johner Images/Getty Images)

Policy

No Safety Net From Crypto Collapses, German Regulator Warns

The financial regulatory authority for Germany, BaFin, has toughened warnings about consumers potentially losing all their crypto investments, unlike holdings with regulated banks.

Germany's regulator has toughened its crypto warning (Hiroshi Higuchi/Getty Images)

Videos

Former CFTC Chair: Stablecoins similar to Terra's UST Need ‘Very Strict’ Regulation and Consumer Protection

Former CFTC Chairman Timothy Massad comments on the Terra LUNA fiasco and why he suggests "very strict" regulation and consumer protection on similar algorithmic stablecoins. Plus, the impact of Tornado Cash's sanctions on future regulation.

Recent Videos

Policy

NFT Collections Will Be Regulated Like Cryptocurrencies Under EU’s MiCA Law, Official Says

A carve-out for ownership tokens may prove narrow, meaning issuers have to publish white papers.

NFT regulation was discussed at Korea Blockchain Week in Seoul. (Cheyenne Ligon)

Policy

Stablecoins Could Still Dominate Post-Terra, S&P Says

Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.

CoinDesk placeholder image

Finance

Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says

Crypto is quickly becoming the "payment of choice for many scammers," says the agency.

FTC / Flickr

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