Regulations


Finance

Bybit to End Korean Language Support on Official Platforms, Social Media

The exchange also said it is discontinuing its official Korean community support on social media channels.

south korea

Markets

Binance Hires Former Abu Dhabi Global Market Head as Singapore CEO

The move provides an opportunity to get ahead of the regulatory curve – a sore point for the exchange in recent weeks.

Binance CEO Changpeng Zhao

Policy

IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises

Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”

The seal of the U.S. Treasury Department.

Markets

Gensler Tells Elizabeth Warren SEC Needs More Authority to Regulate Crypto

Congress should focus on trading, lending and decentralized finance, the securities regulator said.

SEC Chairman Gary Gensler (left) told Sen. Elizabeth Warren (D-Mass.) that his agency needs more authority to properly regulate the crypto market.

Finance

Ex-SEC Director Brett Redfearn Leaves Coinbase After 4 Months

The departure of Coinbase's VP of capital markets points to a strategy shift within the publicly traded crypto exchange.

Coinbase, Nasdaq, direct listing

Policy

SEC Boss Gensler Eyeing Robust Regulation of Crypto Market: Report

Gensler did not comment on the potential approval of a crypto exchange-traded fund.

SEC Chair Gary Gensler

Markets

Blockchain Association Singapore Welcomes Former Regulator as Latest Board Member

Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries.

CoinDesk placeholder image

Markets

Mexico Regulator Says 12 Crypto Exchanges Are Operating Illegally

The companies, whose names weren’t disclosed, are not registered with the agency, the Financial Intelligence Unit said.

(Shutterstock)

Finance

NJ Regulators Give BlockFi 1 Week Before Blocking New Interest Accounts

The state’s securities regulator contends BlockFi is selling an “unregistered security” to its customers.

BlockFi app

Markets

SEC Chair Hints Some Stablecoins Are Securities

Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.

SEC Chair Gary Gensler