Regulations | CoinDesk

Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto

Senate Banking Committee Chairman Sherrod Brown, who would need to get on board for crypto legislation to move, is highly critical and encouraged Gensler’s crypto enforcement.

By Jesse HamiltonSep 12, 2023

Senate Banking Committee Chairman Sherrod Brown, who will likely need to support any crypto legislation from Congress, remains highly critical of the industry. (Anna Moneymaker/Getty Images)

Policy

Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing

There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.

By Camomile ShumbaSep 12, 2023

Sarah Breeden (Camomile Shumba / CoinDesk)

Policy

Hong Kong-Israel CBDC Project Examines Security, Privacy, Accessibility

Project Sela claims to settle directly on central bank balance sheets without compromising people's data

By Jack SchicklerSep 12, 2023

Central bank digital currencies have raised privacy concerns (Flickr)

Policy

Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case

Mashinsky was arrested in July on allegations of misleading investors and manipulating the CEL token, after Celsius declared bankruptcy

By Jack SchicklerSep 12, 2023

Former Celsius CEO Alex Mashinsky (left) and attorney Marc Mukasey outside a courthouse in New York on July 25, 2023. (Anna Baydakova/CoinDesk)

Policy

Standard Chartered-Backed Zodia Custody Now Available in Singapore

The development marks a rare marriage in the region of a traditional financial institution and a digital asset firm.

By Amitoj SinghSep 12, 2023

Singapore skyline (Mike Enerio/Unsplash)

Policy

Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony

Despite recent stumbles in court for the Securities and Exchange Commission, Chair Gary Gensler is still hewing to his industry criticism.

By Jesse HamiltonSep 11, 2023

U.S. Securities and Exchange Commission Chair Gary Gensler will again blast the crypto industry at a Senate hearing this week. (Kevin Dietsch/Getty Images)

Policy

FTX Holds $1.16B in SOL, $200M in Bahamas Real Estate, Court Filing Says

The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.

By Jack SchicklerSep 11, 2023

Nassau, the Bahamas, where FTX owns hundreds of millions of dollars of real estate (Flickr)

Policy

Coinbase Exchange Remains Inactive in India, While Other Operations Are Still Active

The question of the extent of Coinbase's operations in India was triggered after it sent emails to some customers asking them to withdraw their funds by September 25.

By Amitoj SinghSep 11, 2023

Finance

Steve Kokinos, Creditors Named to Run Celsius 2.0

Executives from WeWork, Lehman Brothers and miner US Bitcoin will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee

By Jack SchicklerSep 11, 2023

Celsius is being sold to crypto consortium Fahrenheit (Pixabay)

Policy

India Will Decide on Its Crypto Stance in Coming Months

India's individual position on crypto has been under further scrutiny since it steered the G20 towards endorsing a global framework for crypto.

By Amitoj SinghSep 11, 2023

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)