Regulations


Policy

Hong Kong to Consult on Regulation for OTC Crypto Venues 'Very Soon'

The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets' role in crypto fraud cases.

Hong Kong harbor skyline view into Kowloon

Policy

India CBDC Insider Reveals Current Stance of Country's Central Bank

India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy

Sen. Lummis and members of the House are pushing to repeal the SEC's Staff Accounting Bulletin 121, an effort that makes it harder for companies to custody crypto.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Policy

Man Behind Defunct BTC-e Exchange Once Popular with Criminals Faces U.S. Charges

Aliaksandr Klimenka is accused of processing billions in transactions for drug peddlers and cybercriminals throughout much of the 2010s.

The U.S. Department of Justice grabbed another of the men it alleges moved billions in criminal money at BTC-e.  (Jesse Hamilton/CoinDesk)

Policy

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work

The opposition party leads the polls in what's likely to be an election year.

Rachel Reeves (Nicola Tree/Getty Images)

Policy

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

Retail investors can now invest without limits in digital tokens backed by real estate or infrastructure.

Thailand's securities regulator has updated its crypto rules to ease path for asset-backed tokens. (Geoff Greenwood/Unsplash)

Policy

How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule

FinCEN has some concerns about mixers' use in terrorism. Crypto advocates warn its proposed solution may go too far.

(Nikhilesh De/CoinDesk)

Policy

Bitpanda Crypto Exchange to Withdraw From Netherlands

The company said it is committed to complying with the regulatory landscape.

Bitpanda founders (L-R) Christian Trummer, Paul Klanschek, Eric Demuth (Bitpanda)

Policy

HyperVerse's Alleged Ponzi Scheme Raked in Nearly $2B, Hired Actor as Fake CEO

The SEC and a grand jury have accused two people behind the alleged fraud.

U.S. authorities have accused HyperVerse backers of running a Ponzi scheme, using "deceptive" slides such as this. (Provided in federal court documents)