Policy


Policy

EU Regulators Warn Consumers That Crypto Assets Are 'Highly Risky'

Consumers must face the "very real possibility" of losing all their money with crypto, the watchdogs say.

A controversial proposed ban on proof-of-work crypto in the EU is off the table for now. (Walter Zerla/Getty)

Layer 2

Russian Crypto Miners Brace for Sanctions Fallout Amid Ukraine Conflict

The ruble’s fall has made mining more profitable in Russia for now, but parts and shipping costs are set to rise.

A BitCluster crypto mining site in Khanty-Mansiysk, Russia. (Image Credit: BitCluster)

Policy

Kazakhstan Crackdown Forces 106 More Crypto Mines to Close

Notable political and business figures were said to be behind some of the mines, including the brother of former President Nursultan Nazarbayev.

CoinDesk placeholder image

Policy

UK's Law Enforcement Agency Calls for Regulation of Crypto Mixing Tech: Report

The NCA called for regulation of crypto mixing tech as it may be used by criminals to legitimize illegal transactions.

(foto_monteiro/Shutterstock)

Policy

Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote

The provision could have required cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms.

European Parliament. (Shutterstock)

Policy

Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

A provision looking to force proof-of-work cryptocurrencies like bitcoin to switch to the more environmentally friendly proof-of-stake consensus mechanism is in a draft of MiCA up for a parliamentary vote on Monday.

The EU parliament is set to vote on a crypto legislative package that may seek to limit the use of proof-of-work cryptocurrencies. (Laura Zulian/Getty Images)

Policy

Here's the Full Text of Biden's Executive Order on Cryptocurrency

"We must support technological advances that promote responsible development and use of digital assets," the president says.

President Biden (Office of the President of the United States, modified by CoinDesk)

Policy

Thailand Eases Tax Rules on Digital Assets Until 2023

Crypto traders on government-approved exchanges will be exempt from a 7% value added tax (VAT), the country's finance minister said at a cabinet meeting.

Bangkok, Thailand