Regulations


Policy

Influencers Are Responsible for 92% of Crypto Ad Violations in India, Report Says

Violations included not carrying a required disclaimer or paid partnership tag on the ad, according to the Advertising Standards Council of India.

A young Indian social media influencer recording his podcast on a mobile phone. (lakshmiprasad S/Getty Images)

Policy

Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says

Not all countries “play nicely” with each other, complicating how central bank digital currencies will interact with other payment systems, said Cecilia Skingsley, first deputy governor at the Swedish central bank.

Cecilia Skingsley, deputy governor at Sveriges Riksbank said governments could complicate CBDC interoperability. (BIS)

Policy

‘Crypto Dad’ Chris Giancarlo Knighted by French Government

The former chief of the U.S. CFTC and avowed crypto advocate was recognized by French President Emmanuel Macron in part for embracing “crypto finance.”

J. Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission, accepts a French knighthood (Giancarlo family)

Policy

US Wants to Promote 'Responsible Innovation,' Deputy Treasury Secretary Says

Adewale Adeyemo oversees much of the U.S. Treasury Department’s crypto work. He spoke to CoinDesk at Consensus about what he’s seeing and how he’s approaching the sector.

Deputy Treasury Secretary Adewale Adeyemo (ShutterStock for CoinDesk)

Policy

NFT, Private Wallet Fates Hang on EU Crypto Talks This Week

Officials could this week finalize controversial privacy and licensing rules for the sector – once they decide how to treat NFTs and unhosted wallets.

The European Parliament is set to make key decisions on crypto privacy and NFTs this week. (Laura Zulian Photography/Getty Images)

Policy

Stablecoins Could Still Dominate Post-Terra, S&P Says

Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.

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Policy

Brussels’ Fledgling Crypto Industry Flexes Its Muscles

The city that hosts the EU also wants to influence it, with key decisions upcoming on the regulation of NFTs and DeFi.

Participants at Brussels Blockchain Week included, left to right, Laurent Godts, Deloitte; Florian Ernotte; Christophe de Beukelaer; Marc Toledo, Bit4You (Jack Schickler/CoinDesk)

Policy

Singapore Will Crack Down on Bad Crypto Behavior: Report

The Monetary Authority of Singapore will be "brutal and unrelentingly hard," the central bank's chief fintech officer said.

An official at Singapore's central bank said it won't tolerate bad behavior in the crypto industry. (Peter Nguyen/Unsplash)

Policy

India Clarifies Rules for Controversial Tax Provision Ahead of Start Date

The 1% tax deducted at source for virtual digital assets kicks in on July 1.

India Finance Minister Nirmala Sitharaman introduced the budget earlier this week. (T. Narayan/Bloomberg via Getty Images)

Policy

Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues

Rep. Jim Himes published a 15-page white paper arguing in favor of a digital dollar.

U.S. Rep. Jim Himes (Joshua Roberts - Pool/Getty Images)