Regulation


Finance

BitMEX Joins Binance, Bybit in Removing Korean Language Ahead of Regulatory Deadline

South Korean regulators have asked exchanges to register by Friday.

(Unsplash)

Policy

SEC’s Gensler Calls Stablecoins ‘Poker Chips’ at the Wild West Crypto Casino

The SEC chair also compared the crypto boom to the Wildcat banking era of the 19th century, saying that “history tells us that private forms of money don’t last long.”

WASHINGTON, DC - SEPTEMBER 14: Gary Gensler, Chair of the U.S. Securities and Exchange Commission,  testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on September 14, 2021 in Washington, DC. (Photo by Evelyn Hockstein-Pool/Getty Images)

Policy

Messari’s Selkis on Senate Bid: ‘No Comment’

After making waves on Crypto Twitter on Monday with an announced candidacy, the founder of crypto data firm Messari has been mum on details.

ryan, selkis

Policy

Nexo Co-Founder Details Crypto Lender’s Plan to Stay Out of Regulators’ Crosshairs

Nexo wants to avoid the fate of BlockFi and Celsius, which are under investigation by U.S. state regulators.

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (CoinDesk archives)

Policy

Crypto Markets Need More Scrutiny From SEC, Investor Groups Say

The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.  

SEC Chairman Gary Gensler

Finance

Nearly 70 South Korean Crypto Exchanges May Have to Suspend Service: Report

The deadline to register with South Korea’s Financial Intelligence Unit is Sept. 24, but only four exchanges have registered so far.

(Unsplash)

Finance

Bankman-Fried Says Stricter Regulation of Crypto Exchanges Would Be Positive

FTX’s CEO said a ban on stablecoins would be “sad.”

FTX Collapse: Breaking News & Analysis

Finance

Stablecoin Feature in New York Times Signals Regulation Is Coming

Designating them as “systemically risky” and thus eligible for oversight is one option available, the article said.

SEC seal (Getty Images)

Markets

Market Wrap: Bitcoin Traders Take Profits Amid Regulatory Crackdowns

Derivative markets are displaying signs of uncertainty, and concerns about regulation are rising.

Bitcoin 24-hour chart (CoinDesk)