Regulations


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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)

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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)

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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)

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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)

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BoE's Cunliffe Cautions Against 2008 Repeat With FTX's Derivatives Rule Change Proposal

The Bank of England official is skeptical whether decentralized finance will ever be a thing.

Sam Bankman-Fried, CEO de FTX. (Stefani Reynolds/Bloomberg via Getty Images)

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Qatar at 'Foundation Stage' of CBDC Exploration, Central Bank Governor Says

The Gulf state central banker praised the "innovation" of crypto assets.

Ciudad de Lusail, Doha, en Qatar. (Matthew Ashton/AMA/Getty Images)

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Republicans Seek to Counter Effort to Curtail Crypto Mining

The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.

U.S. lawmakers are debating what the government should do about crypto mining. (Getty Images)

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Crypto Industry Is Still 'Embryonic,' WEF Finance Lead Says

I spoke recently with Matthew Blake, who looks at the future of finance (among other things) at the World Economic Forum, on the industry’s prominence during this year’s meeting.

World Economic Forum Head of the Future of Financial and Monetary Systems Matthew Blake (Sandali Handagama/CoinDesk)

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Luna Only Makes Bermuda Love Stablecoins More

Digital assets are the future, Bermuda Premier David Burt said during the Consensus 2022 conference. He’s not worried about his country being shut out by jurisdictions like the EU.

Bermuda Premier David Burt speaks at Consensus 2022 about how stablecoins will be regulated in his country. (Jack Schickler/CoinDesk)

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This Is the Time for Lawsuits

The market is turning down, but the number of legal filings certainly isn't.

Consensus 2022 entry hall (Consensus/Shutterstock for CoinDesk)