Regulations


Policy

Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam

The former LedgerX unit seems to be in good shape, Behnam said at a Chicago event, though its controversial application to directly clear customers’ derivatives trades was withdrawn.

CFTC Chair Rostin Behnam (Suzanne Cordeiro/Shutterstock/CoinDesk)

Policy

Paxos Ordered by US Officials to Freeze $19M in Crypto Tied to FTX

Federal law enforcement asked the crypto issuer to freeze assets associated with four ether addresses as investigations into FTX collapse intensify.

Paxos CEO Charles Cascarilla (CoinDesk)

Policy

FTX Collapse Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report

The U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation" while some lawmakers are already preparing to propose tougher rules.

Treasury Secretary Janet Yellen at American University in April 2022 (Jesse Hamilton for CoinDesk)

Policy

There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says

The Monetary Authority of Singapore told CoinDesk it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations don’t protect against risky speculative trades.

Former FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

Policy

Bitcoin Cash Could Be Legal Tender in St. Kitts by March, Prime Minister Says

The Caribbean nation could join El Salvador and the Central African Republic in backing crypto.

Beach at long haul bay Nevis island, St.Kitts and Nevis, Caribbean (Westend61/Getty Images)

Policy

Bankrupt FTX Faces Criminal Investigation in the Bahamas

Financial police in the Bahamas, where Sam Bankman-Fried's FTX is headquartered, are working with the local securities regulator to investigate if any criminal conduct has occurred.

FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Finance

Crypto Exchange AAX Suspends Withdrawals as FTX Failure Reverberates

The suspension for as long as 10 days was blamed on the failure of an unidentified third party. The Hong Kong-based exchange has said it has no exposure to Sam Bankman-Fried’s company.

Amanecer en el Puerto de Victoria de Hong Kong, China. (Unsplash)

Policy

Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse

After a whirlwind election week dogged by crypto market madness, the industry's regulatory future in the U.S. is in the hands of a divided government.

U.S. Capitol Hill (WOWstockfootage/Getty Images)

Policy

Bahamas Securities Regulator Says It Didn't Order FTX to Reopen Local Withdrawals

FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request.

(Leon Neal/Getty Images)

Policy

FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law Enforcement

Ray said FTX and FTX US are making “every effort to secure all assets, wherever located.”

(Leon Neal/Getty Images)