Regulation


Markets

Hong Kong's Securities Watchdog May Soon Regulate All Crypto Trading Platforms

Hong Kong's government is set to change the rules for cryptocurrency firms operating within the city jurisdiction, according to remarks made Tuesday.

Hong Kong

Policy

Cayman Islands Announces Legal Framework in Bid to Attract Crypto Businesses

The Cayman Islands is building a regulatory framework for "virtual asset service providers" with some measures already enacted.

Cayman Islands

Markets

Library of Congress Reports Surge in Crypto Law Searches

The surge comes as America's largest library rolls out a crypto regulatory guide.

law moshed

Finance

Ripple Eyeing Move to London Over XRP-Friendly Stance, CEO Says

It would be "advantageous for Ripple to operate in the U.K.,” said Ripple CEO Brad Garlinghouse.

Brad Garlinghouse Ripple

Policy

PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer

PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”

PayPal

Finance

Ex-Coinbase, BitFlyer Lawyer Joins Anderson Kill

Hailey Lennon joins a team of 10 other lawyers who practice in the space, including Stephen Palley, Preston Byrne, and Bob Cornish.

Robert Kim, senior legal analyst at Bloomberg Law; Amy Kim, chief policy officer at Chamber of Digital Commerce; John Smith, partner at Morrison Foerster; and Hailey Lennon, partner at Anderson Kill.

Policy

Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says

Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.

Bank of Russia

Markets

New York's Financial Regulator Puts Focus on Crypto Firms for Digital Reporting Initiative

The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies.

NYDFS Superintendent Linda Lacewell

Policy

Isle of Man Regulator Says Bitcoin, Ether Not Considered Securities in New Guidance

The island's Financial Services Authority has set out how it will treat cryptocurrencies and crypto assets and which might be regulated as securities.

Castletown, Isle of Man

Policy

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.

CFTC Chairman Heath Tarbert