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crypto regulation
Here’s Why FTX's Sam Bankman-Fried Visited the White House
FTX CEO Sam Bankman-Fried visited the White House in May amid regulatory turf battle between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
Crypto.com Wages Legal Battle After Accidentally Refunding User $10M Instead of $100
Exchange Crypto.com accidentally transferred an Australian woman $10 million instead of the $100 refund she requested last year, according to the Daily Mail. “The Hash” panel discusses the subsequent lawsuit and it means for future regulation.
Federal Reserve to Launch Real-Time Payments Service FedNow Mid 2023
The U.S. Federal Reserve plans to launch its instant payments platform FedNow between May and July of 2023. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
Response Deadlines Loom for Biden's Crypto Executive Order
Most of the agency responses to President Biden's executive order on cryptocurrency are due next week. "The Hash" panel discusses what to expect and the implications for the future of U.S. policy on digital assets.
Blockchain for Europe Exec on EU Potentially Banning Dollar-Pegged Stablecoins
The European Union could potentially ban U.S. dollar-pegged stablecoins in 27 countries if the union finalizes the new Markets in Crypto-Assets (MiCA) legislation. Blockchain for Europe Secretary General Robert Kopitsch breaks down the legislation.
Singapore’s Crypto Dance; Women in Web 3
Singapore’s central bank provides clarity for crypto regulation, while Forkast and NEAR Foundation initiative champions women in Web 3. Those stories and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”
Coinbase Launches Voter Registration Tool Ahead of US Midterm Elections
Crypto exchange Coinbase has launched a new crypto policy education initiative including a voter registration tool ahead of the upcoming U.S. midterm elections in November. "The Hash" discusses how this might shape the future of crypto policy in the U.S. regulatory environment.
IRS Serves ‘John Doe’ Summons to sFOX Looking for Possible Tax Evaders
The Internal Revenue Service (IRS) served a “John Doe” summons on crypto prime dealer sFOX earlier this week, sFOX Head of Operations Christopher Behnke said. The move allows the tax agency to hunt for potential tax evaders who are using company services. Behnke added the company is reviewing the document internally and contemplating next steps.
Regulation in Focus
What could the future of crypto regulation look like? We take a deep dive in this episode of “The Daily Forkast.”
Voyager Can Now Pay ‘Retention’ Rewards to Employees, US Judge Rules
A federal judge ruled that crypto lender Voyager Digital, which is undergoing bankruptcy proceedings, can pay more than 30 employees a collective $1.6 million as a "retention" award. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto regulation and an outlook into the troubled lender's future.