Regulations


Policy

Democratic Crypto Supporters Call for Crypto-Friendly Party Platform

Crypto advocates in the U.S. House want their party to adopt a "forward-looking approach" to digital assets.

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Policy

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.

U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)

Policy

Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says

FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.

(Thiago de Andrade/ Unsplash)

Policy

Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore

"As a global financial centre and transport hub with a significant migrant workforce, Singapore remains a potential source of funds for terrorists and terrorist organisations abroad," the report said.

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Policy

Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto

“The question on whether Crypto/Bitcoin is here to stay is largely over + crypto/Bitcoin won,” said Jersey City Mayor Steven Fulop in a tweet.

Jersey City, New Jersey (Zoshua Colah/Unsplash)

Policy

Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs

Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.

Russian flag (Egor Filin/ Unsplash)

Finance

Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls

Despite restrictions in place, CBPL onboarded 13,416 high-risk customers for e-money services, the Financial Conduct Authority said.

(FCA)

Policy

Indian City of Raipur Puts Real Estate Records on Blockchain With Airchains

"Certification should be secure and decentralization is the future we should work on," Abinash Mishra, Commissioner, Raipur Municipal Corporation told CoinDesk in an interview on Thursday.

Abinash Mishra, Commissioner, Raipur Municipal Corporation , Chhattisgarh, India. (Courtesy: Abinash Mishra and AirChains)

Policy

India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto

The nation's junior Home Minister Nityanand Rai responded in parliament to questions about drug trafficking from Jose K. Mani, a minister of parliament (MP) from the opposition.

India has registered 92 drug trafficking cases involving crypto and the dark net. (Pixabay)

Policy

India to Release Its Crypto Policy Stance by September After Stakeholder Consultations: Report

“The policy stance is how does one consult relevant stakeholders, so it is to come out in the open and say here is a discussion paper these are the issues and then stakeholders will give their views,” said Ajay Seth who is the Economic Affairs Secretary in India's Finance Ministry.

Indian President Droupadi Murmu (fourth from right), Finance Minister Nirmala Sitharaman (third from right), Minister of State for Finance Pankaj Chaudhary (fifth from right) before the budget presentation. (DD News)