Regulation


Policy

Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included

The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.

Russian government building

Policy

Kik Backs Away From Jury Trial Request in SEC Fight Over $100M Token Sale

Kik had previously asked for a jury trial to make its case against the SEC. Now it's seeking a summary judgment.

Ted Livingston, Kin Ambassadors event, April 2018, NYC. Photo by Brady Dale for CoinDesk.

Markets

Hawaii Hints It May Relax Onerous Rule to Lure Crypto Firms

Hawaiian regulators have launched a digital currency sandbox that waives the state’s infamous double-reserve requirement for participating crypto firms.

Hawaii's double-reserve requirement may be on its way out after three years of burdening crypto exchanges. (Credit: Shutterstock)

Policy

Canada's Financial Crimes Watchdog Gets Ready for FATF Compliance

Canada’s financial crimes watchdog is preparing to implement its broad new virtual currency oversight powers ahead of the Financial Action Task Force’s June 2020 deadline.

canaa fintrac

Policy

Overstock Hit by Two More SEC Subpoenas in December

The bitcoin-friendly retail company and the parent of security token marketplace tZERO says it was again subpoenaed by the Securities and Exchange Commission at the end of 2019.

Patrick Byrne, former CEO of Overstock

Policy

SEC Proposal Could (Eventually) Unleash Security Token Sales

Companies looking to raise funds via security token offerings (STOs) might soon get some relief from regulatory burdens in the U.S.

SEC Chairman Jay Clayton

Finance

Crypto Payments Firm Halts Operations Citing Singapore's New Regulatory Regime

Singapore-based Coinpip said it has "suspended operations" while it looks at becoming licensed under new AML rules.

Singapore (MOLPIX/Shutterstock)

Policy

New York Regulator Tells Crypto Firms to Develop Coronavirus Contingency Plans

NYDFS is asking all crypto firms operating in New York to prepare detailed plans in case day-to-day operations are disrupted by the coronavirus outbreak.

NYDFS Superintendent Linda Lacewell (Nikhilesh De/CoinDesk)

Policy

French Financial Regulator Suggests Europewide Security Token Sandbox

France’s top securities watchdog has proposed that all of Europe adopt a “Digital Lab” sandbox to support the creation of security token offering regulation.

The AMF's legal analysis found that existing EU markets regulations would stifle any promising blockchain enterprise. (Credit: Bruno Bleu / Shutterstock)

Policy

The Cryptocurrency Act of 2020 Is 'Dead on Arrival,' Washington Tells Sponsors

The "Youngest Bitcoin Millionaire" and Metal Pay's CEO worked on an omnibus crypto regulatory bill introduced by Rep. Paul Gosar (R-Ariz.). This is what the industry thinks.

Erik Finman speaking at a reception after the "Cryptocurrency Act of 2020" was introduced.