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Policy
UK Introduces Bill to Clarify Crypto's Legal Status
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.

VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources
"We don't wish the burden of unnecessary subpoenas on anyone," a spokesperson for Uniswap told CoinDesk.

Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.

Binance Completes Registration With India's Financial Intelligence Unit Months After Being Fined
The registration was provisionally approved in May, subject to the crypto exchange paying a fine of about $2.2 million.

Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.

Germany Dumping $2.8B Bitcoin Is 'Market Intervention,' Despite Murky Legal Justifications
One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”

Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto
She has previously called for crypto to be regulated while recognizing the technology's potential.

Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.

Europe's MiCA Is Finally Here. How Will the U.S. Respond?
It's time for the U.S. to reassert its place as the global leader in financial services regulation and innovation, writes Circle's Dante Disparte.

U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms
The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.
