Regulation


Policy

European Crypto Firms Brace for Higher Costs as AMLD5 Takes Effect

A strict new regulatory regime is dawning upon European firms handling cryptocurrency. Here’s what AMLD5 will mean for the industry.

Europe, from "the Four Parts of the World" by  Johann Justin Preissler, via Metropolitan Museum of Art

Policy

ESMA Wants to Create 'Sound Legal Framework' for Cryptocurrencies in 2020

Citing concerns about digitalization risks to financial markets, ESMA plans to focus more on crypto regulation this year.

esma

Policy

New York Governor Proposes Giving Financial Watchdog More Teeth

Andrew Cuomo wants to give the Department of Financial Services more powers in regulating certain licensed entities, including crypto startups.

Gov. Andrew Cuomo of New York

Policy

Former Bakkt CEO to Help Oversee CFTC in Congress

Newly appointed senator Kelly Loeffler is to join the committee that oversees the Commodity Futures Trading Commission, raising concerns of a possible conflict of interest.

Kelly Loeffler image via CoinDesk archives

Policy

Law Enforcement Data Requests Rose by Almost 50 Percent in 2019, Says Kraken

The exchange's CEO said the cost of responding to law enforcement requests for user data was over $1 million.

Kraken co-founder and chairman Jesse Powell

Policy

Gemini's Head of Risk on How Crypto Beats Traditional Finance

The arc of crypto bends toward regulation, so we might as well be prepared, says Gemini's risk chief and the president of the Virtual Commodities Association, Yusuf Hussain.

Yusuf Hussain, head of risk at Gemini and president of the Virtual Commodities Association

Policy

South Korean Presidential Committee Wants to Bring Crypto Into Mainstream Finance

Financial institutions should be allowed to launch cryptocurrency products, such as derivatives, according to a government advisory body.

South Korean president's residence (Shutterstock)

Policy

Closer Look at SEC ‘Accredited Investor’ Revamp Suggests Little Will Change

For the first time in decades, the SEC is lowering the barrier to investing in private securities, including crypto tokens. How much lower is unclear.

CoinDesk placeholder image

Policy

Crypto Custodians Grapple With Germany's New Rules

While a grandfather clause allows crypto custodians to keep serving German customers without being penalized, those same companies are waiting on financial regulator BaFin to release final regulations around the law.

(nitpicker/Shutterstock)

Policy

Crypto Firms Can Now Apply for a License in France

The license is optional for crypto firms operating in France, but firms can use the license in marketing themselves to institutional clients.

French flag image via Shutterstock