Regulations


Policy

U.S. Will Appeal Do Kwon's Extradition to South Korea: Justice Department

On Thursday, Kwon's attorney Goran Rodic told CoinDesk via text that a Montenegro court had ruled to extradite him to South Korea.

Terraform Labs co-founder Do Kwon (Terra)

Policy

U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

Policy

Do Kwon to Be Extradited to South Korea After March 23, Lawyer Says

A Montenegrin high court on Thursday approved Kwon's extradition to the Asian nation to face criminal charges over the collapse of Terra.

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

Policy

Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption

Adoption of the central bank digital currency pales in comparison to cash use in the country.

Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)

Policy

Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report

Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.

Nigerian flag (Emmanuel Ikwuegbu/Unsplash)

Policy

Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market

Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenized money," HKMA said.

Hong Kong harbor skyline view into Kowloon

Policy

How the SEC's Recent Win May Play in Its Coinbase, Binance Cases

A judge ruled that secondary market transactions violated securities law.

SEC office (Nikhilesh De/CoinDesk)

Policy

Crypto Dollars Helped Lift U.S. Politicians to Victory in Congressional Primaries

Campaign giving from industry sources has factored heavily in several races, aiding some likely future members of Congress, though November will see the major test.

Crypto political action committee Fairshake got creative in its opposition campaign against California's Rep. Katie Porter. (Courtesy of Fairshake)

Policy

'Congress Needs to Act' on Crypto Regulations, CFTC Chair Behnam Tells Lawmakers

The CFTC Chair was testifying on the regulator's 2025 budget request.

CFTC Chair Rostin Behnam (Suzanne Cordeiro/Shutterstock/CoinDesk)

Policy

UK Launches Consultation on Implementing OECD Crypto Reporting Framework

The U.K. government believes implementing the reporting framework could draw in £35 million ($45 million) starting from 2026.

UK London (Artur Tumasjan / Unsplash)