Regulations


Policy

Bank of England Panel Calls for Enhanced Crypto Regulation to Limit Contagion

The loss of $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Financial Policy Committee said.

The Bank of England's Financial Policy Committee is calling for more regulation to mitigate against crypto risks (Robert Bye/Unsplash)

Policy

NFT Platforms Should Be Subject to Money-Laundering Regulation, EU Lawmakers Say

The rules would cover self-hosted wallets and DeFi apps.

(EU2017EE Estonian Presidency/Wikimedia Commons)

Policy

India's Day Of Reckoning With ‘Most Controversial Crypto Tax’ Is Here

The country's 1% TDS is predicted to exacerbate negative market sentiment and add to the woes of the crypto community.

Bangalore, Karnataka, India (Abdullah Ahmad/Unsplash)

Policy

Crypto World Is Cautious of Finer Details In EU's MiCA Law

Web3 advocates are cautiously welcoming Europe's new law, but must first resolve its paradoxes – like when is a non-fungible token fungible?

French diplomat Philippe Léglise-Costa and EU lawmaker Irene Tinagli huddle in the closing hours of talks on the MiCA law (Jack Schickler)

Policy

EU Agrees on Landmark Crypto Authorization Law, MiCA

The world’s third-biggest economy wants the Markets in Crypto Assets Regulation to protect investors and set up strict standards for stablecoin issuers.

The EU's landmark crypto legislation covers a wide range of assets and services. (Vincenzo Lombardo/Getty)

Policy

EU Watchdog Wants to Address Threat Crypto Assets Could Pose to Financial System

The European Systemic Risk Board is looking into measures and policies to address the potential threat that crypto assets could present to the global financial system.

The EU flag (Christian Lue/Unsplash)

Policy

Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes

Holdings of unbacked crypto like bitcoin and algorithmic stablecoins would be limited to 1% of a lender’s capital under the standard setter's new plans put out for consultation Thursday.

Basilea, Suiza, sede del Banco de Pagos Internacionales (trabantos/Getty Images)

Policy

Hurry Up With Crypto ID Checks, FATF Tells Countries

After the potentially privacy-busting "travel rule" for crypto transfers, global standard setters at the Financial Action Task Force have their eyes on DeFi, NFTs and unhosted wallets.

The Financial Action Task Force wants to outlaw dirty money flows through crypto. (Richard Levine/Corbis/ Getty Images)

Policy

Grayscale Sues SEC Over Bitcoin ETF Application Rejection

The SEC rejected Grayscale's application to convert its Grayscale Bitcoin Trust to an exchange-traded fund earlier Wednesday.

Grayscale CEO Michael Sonnenshein speaks at Consensus: Invest 2018. (CoinDesk archives)

Policy

DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator

The advice comes from those who participated in a forum the Financial Conduct Authority held to hear from the digital assets industry.

(Piotr Swat/Shutterstock)