Regulations


Finance

FTX Files Reorganization Plan to End Bankruptcy, Repay Creditors

Asset values for creditor claims will be calculated at prices on the day FTX filed for bankruptcy in November 2022, the plan says.

John J Ray III took over as FTX CEO in November 2022 (House Committee on Financial Services)

Policy

U.S. SEC Denies Coinbase's Push for Crypto Regulations as 'Unwarranted'

The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after "careful" consideration, the SEC said no.

U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)

Policy

Lawmaker Calls for the UK Government to Do More for Blockchain

Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.

UK MP Natalie Elphicke Calls for the Government to do More for Blockchain (Camomile Shumba/CoinDesk)

Policy

Crypto Firm SafeMoon Files for Chapter 7 Bankruptcy, SFM Plunges 42%

The firm's executives were arrested last month on multiple charges.

Bankruptcy (Gerd Altmann/Pixbay)

Policy

Financial Regulators Reiterate Call for Legislation to Address Crypto Risks

The Financial Stability Oversight Council met Thursday, releasing a report detailing all of its concerns from the past year.

Treasury Secretary Janet Yellen (Anna Moneymaker/Getty Images)

Policy

Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment

The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.

16:9 BIS tower building (BIS)

Policy

In Search of the Elusive Crypto Voter

Next year will see a presidential election. What's crypto's role?

Former Arkansas Governor Asa Hutchinson (Nikhilesh De/CoinDesk)

Policy

FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers' Recoveries

FTX victims are closer to getting their money back from the exchange after a federal judge put an end to a time-consuming dispute that has halted the exchange's bankruptcy case.

(Charles Hoffmeyer)

Policy

CFTC Pushes FTX-Inspired Rule to Protect Customers' Money

Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Policy

Anonymous Crypto Interests Bombard Key Senator Sherrod Brown With Political Ads

New crypto advocacy group Cedar Innovation Foundation is running digital ads in Brown's Ohio to persuade him to buck SEC Chair Gary Gensler, but Cedar won't say who's behind it.

A crypto advocacy group with mysterious backing is trying to influence Sen. Sherrod Brown. (Images compiled by CoinDesk, courtesy of Cedar Innovation Foundation)