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Regulations
LIVE BLOG: Congressional Hearing Puts Crypto Energy Use in the Crosshairs
Follow along as CoinDesk reporters provide updates.
Xapo Gives Up Its NYDFS BitLicense
The New York Department of Financial Services said Xapo surrendered its virtual currency license on Jan. 11.
LIVE BLOG: Fed Chair Jerome Powell Appears Before the Senate Banking Committee
CoinDesk follows Powell’s confirmation hearing live.
Polymarket’s CFTC Fine Hints at DeFi Regulation Roadmap
Polymarket saw the first enforcement action of 2022, and this might be a clear roadmap for other DeFi projects.
CFTC Fines Crypto Betting Service Polymarket $1.4M for Unregistered Swaps
Polymarket’s betting pools constituted binary options, according to the CFTC.
Japan’s Taxes on Crypto Firms Are Leading Some to Leave the Country
Founders face hefty corporate taxes when listing tokens and individual investors are taxed up to 55% on gains.
Japan’s Crypto Exchanges Grapple With ‘Travel Rule’ as Deadline Looms
The country’s crypto exchanges want to stagger implementation of the rule, which will require them to share customer data on transactions above a certain threshold.
Congressional Candidate Kurani Dropping 2,022 Solana NFTs as Part of Campaign
Shrina Kurani, a Democrat running for a House seat in California, is seeking to engage the crypto community on legislative issues.
US Lawmakers Ask Janet Yellen to Define ‘Broker’ for Infrastructure Bill
A bipartisan group of senators say they’ll offer legislation if needed to clarify the contentious provision.
