Policy


Policy

Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny

The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 million, industry insiders say.

Hong Kong (Unsplash)

Policy

Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China

Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.

Hong Kong (Ruslan Bardash / Unsplash)

Policy

Worldcoin Suspended by Kenya on Financial Security and Privacy Concerns

Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations.

Nairobi, Kenya (Amani Nation/Unsplash)

Policy

Binance Japan Starts Onboarding Users

Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Policy

U.S.-Listed Crypto Firms Will Need to Report Cybersecurity Breaches

Companies are poised to begin reporting cybersecurity incidents and strategies to the SEC later this year.

cybersecurity law 2

Policy

Meet the Hong Kong Lawmaker Who Invited Coinbase to Town

Legislative Council member Johnny Ng is courting crypto exchanges to get licensed in the city as the U.S. drives digital asset firms offshore.

“Traditionally successful entrepreneurs may not be interested in this industry,” says lawmaker Johnny Ng. “Even if they are, they might not know how to play it.” (Johnny Ng)

Opinion

Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto

If a financial giant can’t navigate the red tape, who can?

Nasdaq stock exchange studio

Policy

RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes

The Democratic presidential hopeful also reiterated a May stance defending the right to self-custody bitcoin, run blockchain nodes at home and promising industry-neutral energy regulation.

US presidential candidate Robert F Kennedy Jr.

Policy

Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg

The crypto exchange is still faced with significant regulatory challenges, the report said.

Coinbase Chief Legal Officer Paul Grewal (Shutterstock/CoinDesk)

Policy

BOND Token Slumps 10% as BarnBridge Faces SEC Investigation

“All work on BarnBridge-related products should stop,” an appointed legal counsel said in a Discord message viewed by CoinDesk.

Chairman for the U.S. Securities and Exchange Commission Gary Gensler. (SEC, modified by CoinDesk)