Regulations


Policy

Turkey in 'Final Stage' of Bringing Crypto Legislation as Last Step to Get Off FATF's Gray List: Minister

Turkey has been on the "gray list" of the Paris-based global money laundering and terror financing watchdog since 2021.

Turkish Flag Turkey (Unsplash)

Policy

U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO

The Staff Accounting Bulletin 121 said customers' crypto assets in banks should be held on the banks' own balance sheets. That should have been a rule, not guidance, the GAO says, but the SEC says the policy remains unchanged in the meantime.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Policy

Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000

Stand With Crypto, the campaign that's meant to bombard lawmakers with crypto supporters in their own backyards, says it's off to a fast start (with a lot of help from Coinbase).

Just a couple of months after Coinbase launched a U.S. advocacy group for crypto enthusiasts, organizers say it's brought in $2 million and sent 16,000 messages to U.S. lawmakers. (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried Needs Better Answers on the Stand

Bankman-Fried was charming in front of reporters before FTX collapsed. Now he's just defensive.

FTX's Sam Bankman-Fried exiting a federal courthouse in New York last year. (Nikhilesh De/CoinDesk)

Policy

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.

Globe, World (Kyle Glenn/Unsplash)

Policy

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

Shin is seeking to distance himself from Terra and Kwon as he faces trial in South Korea.

Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)

Policy

Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure

The government said it hopes the move, potentially affecting the likes of Binance and Coinbase, will bring greater regulatory clarity.

Spanish flag waving by the wind.

Policy

Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities

The island nation cuts processing time for registration, provides immunity for DAOs using open-source software.

(Danny Nelson/CoinDesk)

Policy

Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

The stablecoin issuer filed for summary judgment, asking the judge to toss the regulator's accusations that Do Kwon and his company engaged in a multi-billion-dollar securities fraud.

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Policy

Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says

Hong Kong has not decided whether to introduce an e-HKD, the report said.

Hong Kong harbor skyline view into Kowloon