Regulations


Policy

Nigeria's Central Bank in Talks With Blockchain Platform R3 for CBDC Revamp: Bloomberg

The central bank wants full control of the eNaira, and is in early talks with blockchain platform R3 to develop a new system to support the digital currency, according to the report.

Nigerian flag (Emmanuel Ikwuegbu/Unsplash)

Policy

FTX Japan Customers Can Begin Withdrawing Fiat, Crypto on Feb. 21

The announcement meets a promise made in December by the ring-fenced exchange.

(Andrew Holt/Getty Images)

Policy

Many Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB

The international standard setter's recommendations for regulating crypto and stablecoins are set to be released in July 2023.

(NASA/Unsplash)

Policy

Hong Kong Proposes Rules for Crypto Trading Platforms

Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.

Hong Kong regulator pushes for tougher crypto regulations. (Chester Ho/Unsplash)

Policy

Custodia Bank Renews Push for Fed 'Master Account' After Rejection

The Federal Reserve and Kansas City Fed rejected Custodia's applications for membership and a master account last month.

Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)

Policy

Former FTX Executive Nishad Singh Planning to Plead Guilty to Fraud: Bloomberg

Singh, the former engineering director for the collapsed crypto exchange, was a member of Bankman-Fried’s inner circle.

Nishad Singh (LinkedIn)

Policy

SEC Sues Former NBA Star Paul Pierce Over EthereumMax Promos

The Hall of Famer will pay $1.4 million in penalties and disgorgement to settle charges that he did not disclose payments to promote the token.

Paul Pierce attends the 2022 Harold and Carole Pump Foundation Gala (Rodin Eckenroth/Getty Images)

Policy

Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC

The securities regulator made the allegation in a court filing as it sued the company for misleading customers.

Do Kwon in April 2021 (Terra, modified by CoinDesk)

Policy

Crypto Has an Incest Problem

Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money.

(Steven Puetzer/Getty Images)

Finance

Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy

A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's multi-billion-dollar intercompany claim, court filings show.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)