71 / 82 Relevant items tagged with #Policy

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Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns

[May 25, 2023 3:24 AM] Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said

Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake

[May 25, 2023 2:18 AM] Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue.

Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail

[May 25, 2023 2:04 AM] A lower court had determined the value of Kwon's property based on "statements" and not concrete evidence, a high court cited in a decision to scrap his bail approval.

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

[May 25, 2023 12:38 AM] The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.

DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’

[May 24, 2023 10:14 PM] Florida’s governor and the Republican’s latest leadership candidate talked crypto and central bank digital currencies in a Twitter space with Elon Musk.

Excavating the Truth Around the Bitcoin Mining Discourse

[May 24, 2023 3:28 PM] Last year, a group of CoinDesk reporters traveled to Seneca Lake to examine the effect Greenidge Generation – a resurrected power plant that now mines bitcoin – had on the surrounding communities. Though we expected to hear locals say they disliked…

Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks

[May 24, 2023 1:53 PM] When Washington, D.C. lawmakers tune into their favorite Sunday morning political shows this week, they’ll also get a dose of crypto messaging, thanks to a Coinbase (COIN) campaign that’s part of the next stage in the industry’s attempt to…

Montenegro High Court Says No Bail for Terra's Do Kwon in Fake Passport Case: Bloomberg

[May 24, 2023 10:38 AM] Prosecution appealed a previous decision by a lower court in the country to let the disgraced founder go free while he faced trial.

Black Market for Worldcoin Credentials Pops Up in China

[May 24, 2023 9:23 AM] The startup looking to create a global blockchain-based identification system using iris scans is getting duped by Chinese users.

Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets

[May 24, 2023 7:09 AM] The global regulator for securities markets released its first set of policy recommendations for the crypto sector on Tuesday.

Tornado Cash Dev Facing Dutch Charges to Question Chainalysis Data Alleging Criminal Links

[May 24, 2023 5:42 AM] Lawyers for the privacy protocol developer have disputed the evidence purporting to prove links to criminal money.

Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report

[May 24, 2023 4:50 AM] Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.

FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'

[May 24, 2023 2:12 AM] The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to…

Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent

[May 23, 2023 1:34 PM] Crusoe is not a pioneer, but a follower, says the lawsuit filed by Stephen Barbour's mining firm.

The Bitcoin Mining Debate Is Ignoring the People Most Affected

[May 23, 2023 11:05 AM] Environmentalists and anti-mining lawmakers debating bitcoin mining facility Greenidge Generation’s impact use rhetorically persuasive arguments that aren’t backed by reality. But so do the bitcoiners supporting the powerplant-turned-mining…

Binance Blasts 'Desperate' Reuters Report It Commingled Customer and Company Funds

[May 23, 2023 10:05 AM] "We’ve addressed this on multiple occasions. We keep our user and corporate funds on completely separate ledgers," Patrick Hillmann, Binance's chief communications officer tweeted on Tuesday.

EU Banks Could Access Stablecoins More Easily Under Leaked Plans

[May 23, 2023 9:59 AM] The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.

U.S. is 'Losing' the Bitcoin Movement: Cathie Wood

[May 23, 2023 9:58 AM] Cathie Wood also referenced last year's dramatic collapse of crypto exchange FTX, saying it "proved the concept" of bitcoin

U.S. Treasury Sanctions North Korean-Owned Binance Wallets; Says Entities Used Funds to Support WMD Programs

[May 23, 2023 9:25 AM] The Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities, OFAC alleged

Come in and Register? These Firms Say They Found an SEC-Friendly Crypto Path

[May 23, 2023 6:00 AM] The beginnings of a fully compliant U.S. crypto infrastructure may be forming on the industry’s fringes as a watchdog backed by the Securities and Exchange Commission (SEC) quietly issues significant approvals for companies trying to stick to the…

South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report

[May 23, 2023 4:42 AM] The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.

Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1

[May 23, 2023 4:20 AM] The Securities and Futures Commission's guidelines explicitly ban crypto gifts to incentivize retail investments, which likely includes airdrops.

International Securities Regulator IOSCO Proposes Policy Recommendations for Crypto

[May 23, 2023 1:25 AM] The consultation period closes on July 31.

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say

[May 22, 2023 4:55 PM] Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans�

Crypto Lender BlockFi Shared Unapproved Reorganization Plan 'Prematurely,' Court Says

[May 22, 2023 6:27 AM] The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.

UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say

[May 22, 2023 3:44 AM] Should the country decide to issue a digital pound, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at U.K.-based Keystone Law.

Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations

[May 22, 2023 2:31 AM] The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled.

U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M

[May 19, 2023 1:39 PM] An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.

Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies

[May 19, 2023 7:15 AM]

NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test

[May 18, 2023 7:41 PM] Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of…