Regulations


Policy

After Armstrong Tweet, India's Crypto Policy Body Says No Contempt of Court Challenge vs. RBI

The Coinbase CEO last month suggested the RBI's "shadow ban" of crypto exchanges violated a Supreme Court ruling.

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Policy

Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar

The public is already served well by private-sector tokens, the USDC stablecoin issuer said in a comment letter to the central bank.

Circle Internet Financial has asked the Federal Reserve to hold off on issuing a digital dollar. (Lance Nelson/Getty Images)

Policy

FTX’s Bankman-Fried Pitches CFTC on Directly Clearing Customers’ Crypto Swaps

The crypto exchange’s founder and CEO made his case at a Washington, D.C., roundtable, while mainstream derivatives firms painted his ideas as dangerous.

Ex-FTX CEO Sam Bankman-Fried had a lot of interactions with the Commodity Futures Trading Commission, and two senators are demanding details. (Jesse Hamilton/CoinDesk)

Policy

OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’

The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.

Michael Hsu criticizes crypto at an industry-sponsored event in Washington, D.C. (Jesse Hamilton for CoinDesk)

Policy

US Senators Lummis and Gillibrand Set to Propose Crypto Oversight Bill Next Month

The bipartisan duo hope their bill to establish guardrails around the digital assets industry could get votes as soon as next year.

Sen. Cynthia Lummis helped draft an amendment to a controversial tax provision in the infrastructure bill.

Policy

ECB Warns That Crypto Risks Could Spill Over Into Wider Economy

Given the increasing risks of crypto, it is important to bring it into the regulatory perimeter as a matter of urgency, the European Central Bank said in a report.

The EU flag (Christian Lue/Unsplash)

Policy

Wall Street Says a Fed Digital Dollar Spells Destruction for Banks

The U.S. Federal Reserve is considering whether to launch a CBDC like other nations, and bankers argue that’s a dangerous idea.

Bankers are warning the Federal Reserve board about the dangers of launching a digital dollar, at a time when several new members were sworn in this week. (Drew Angerer/Getty Images)

Policy

Regulators Are Paying Attention to UST

The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.

The SEC is reportedly probing Terraform Labs. (Danny Nelson/CoinDesk)

Policy

Crypto Should Meet Same Norms as Regular Finance, G7 Says

Finance ministers want to see financial stability and money-laundering standards in effect soon, citing recent market turmoil.

(Bet Noire/Getty images)

Policy

UK Regulator to Consider Terra Coins’ Collapse in New Crypto Rules: Report

Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.

The U.K.'s financial regulator will consider Terra when it puts together new crypto regulations. (Ramberg/Getty Images)