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Regulations
Sweden’s Central Bank Chief Wants 'as Little Bitcoin as Possible' in Country's Financial System: Bloomberg
“It’s an instrument that is impossible to value, and in practice it’s based on pure speculation," Riksbank Governor Erik Thedeen said.
EU Parliament Approves New Sanctions Laws That Also Apply to Crypto
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
Hong Kong's Central Bank Starts Regulatory Sandbox for Stablecoin Issuers
The regulator invited applicants with a "genuine interest in developing a stablecoin issuance business" to join the sandbox.
Nigeria Invited, Then Detained Binance’s Compliance Head and Africa Manager for Two Weeks: Reports
"We are working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families,” a Binance spokesperson told CoinDesk.
Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking
The crypto exchange had petitioned for clear rules on digital assets, and the agency rejected the petition in December. Coinbase isn't taking no for an answer.
U.S. President Again Proposes Crypto Mining Tax, 'Wash Sale Rule' for Digital Assets in New Budget
The 2025 budget proposal projects these taxes could generate $10 billion next year if taken up.
Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors
Mudrex is a Y-Combinator-backed, California-headquartered entity with a subsidiary registered with the Intelligence Unit of India.
Wyoming Grants DAOs New Legal Structure
The governor signed a law setting up a legal status – "decentralized unincorporated nonprofit associations" – for DAOs there, and one investment firm called Wyoming an "oasis."
Appeals Court Revives Aspiring Class Action Lawsuit Against Binance
The ruling doesn't have any implications on whether certain crypto tokens are securities.
Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors
The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.
