crypto regulation

CFTC Chairman Rostin Behnam testified before the Senate Agriculture Committee in the first of several congressional hearings on FTX and said his agency couldn't have prevented the collapse because FTX wasn't an entity regulated by CFTC. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the hearing and why Chairman Behnam asked lawmakers to “take a pause” and overhaul the crypto bills. Plus, the significance of the Digital Commodities Consumer Protection Act (DCCPA).

Dec 2, 2022

Former FTX CEO Sam Bankman-Fried apologized for the collapse of his crypto exchange in an anticipated interview with The New York Times, but distanced himself from Alameda Research. "I wasn’t running Alameda. I didn’t know exactly what was going on. I didn’t know the size of their position," Bankman-Fried said. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the takeaways from the interview.

Dec 1, 2022

Crypto lender BlockFi became the latest industry heavyweight to file for Chapter 11 bankruptcy, joining Celsius Network, Voyager Digital and FTX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways from the first day of bankruptcy proceedings.

Nov 30, 2022

Cryptocurrency lender BlockFi, which filed for Chapter 11 bankruptcy protection on Monday, on the same day sued FTX founder Sam Bankman-Fried's Emergent Fidelity Technologies holding company for Robinhood Markets (HOOD) shares held by the company and pledged to BlockFi as collateral, the Financial Times reported, citing loan documents it had seen. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De dicusses the latest developments.

Nov 29, 2022

During a pre-taped speech, The Bahamas’ Attorney General Ryan Pinder summarized the collapse of FTX and stated that the country’s regulatory regime was sufficient to oversee crypto businesses. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the speech and the latest on The Bahamas’ investigations into FTX.

Nov 28, 2022

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses whether The Bahamas has enough resources to investigate the collapse of FTX, with reference to the pre-taped speech from the country’s Attorney General Ryan Pinder.

Nov 28, 2022

New York's Gov. Kathy Hochul signed into law Tuesday a two-year moratorium on new permits for proof-of-work (PoW) cryptocurrency mining. "The Hash" panel discusses the latest in crypto regulation and what this means for the mining community.

Nov 23, 2022

Binance.US is stepping into national politics with its own political action committee (PAC), the Binance.US Innovation PAC. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto's role in politics as FTX and its former CEO Sam Bankman-Fried vanish from U.S. policy circles.

Nov 23, 2022

This week, Singapore's central bank, the Monetary Authority of Singapore (MAS), released a statement to "address misconceptions" after the collapse of crypto exchange FTX. CoinDesk Executive Director of Global Content Emily Parker discusses the latest in the state of crypto in Singapore and Asia as FTX's implosion continues to ripple across the industry worldwide.

Nov 23, 2022

FTX’s former CEO Sam Bankman-Fried apologized to the crypto exchange’s employees and revealed the amount of leverage in an internal letter. "I froze up in the face of pressure,” Bankman-Fried wrote. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the contents of the letter.

Nov 23, 2022