Regulations


Policy

State of Crypto: India and Nigeria's Crypto Crackdowns Continue Old Trends

Both nations hope to prevent banks from providing services to crypto companies.

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Markets

Binance Drops Defamation Lawsuit Against Forbes Over ‘Tai Chi’ Document

The exchange did not say in its latest filing why it withdrew the case for now.

Binance CEO Changpeng Zhao speaks during Consensus.

Policy

FinCEN Extends Comment Period for Controversial Crypto Wallet Rule

Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.

U.S. Treasury Secretary Steven Mnuchin

Policy

Brian Brooks, Crypto-Friendly Bank Regulator, Expected to Step Down This Week: Report

The Acting OCC head will reportedly end his brief tenure running the federal banking regulator by the end of the week.

Brian Brooks

Markets

UK's Ban on Crypto Derivatives Goes Into Effect Today

The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.

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Policy

Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.

The White House

Policy

US Treasury Bulking Up Crypto Policy Advisers as Wallet Reg Rumors Swirl

FinCEN has posted a pair of job listings for crypto policy advisers amid rumors that new regulations around wallets will arrive soon.

FinCEN Director Ken Blanco during a press conference in New York during his time as a U.S. Deputy Assistant Attorney General.

Policy

US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs

Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday that warned such rules might "crush a nascent industry."

U.S. Rep. Warren Davidson

Finance

Ripple CEO Walks Back Threat to Leave US

Prolonged but fruitless efforts to get regulators on the firm’s side seem to have exhausted Ripple’s patience as it eyes a potential IPO and fights a lawsuit.

Ripple CEO Brad Garlinghouse speaks at TechCrunch Disrupt SF 2018.

Finance

ShapeShift Delists Privacy Coin Zcash Over Regulatory Concerns

XMR, DASH and ZEC "were delisted at the same time for the same reason – to further derisk the company from a regulatory standpoint."

A chameleon