crypto regulation

According to the Wall Street Journal, SEC Chair Gary Gensler said that proof-of-stake (PoS) blockchains, which generate new coins for inventors who pool their holdings, take on investment contract-like attributes that could bring them under his agency’s purview. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto regulation.

16 sep 2022

The series of reports from the Treasury Department provided rather limited clarification on what the Biden administration and regulators intend to do about digital assets. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for the construction of a regulatory framework.

16 sep 2022

U.S. Commodity Futures Trading Commission (CFTC) raised $112 million for "rule-making," "hiring," and "training expertise." Chairman Behnam discusses with Sen. Dick Durbin (D-Ill.) the cost for his agency to become the primary crypto regulator. Plus, why Durbin thinks Chairman Behnam is "lowballing" the annual budget.

15 sep 2022

During the SEC oversight hearing, Chair Gary Gensler responds to a question from Senator Cynthia Lummis (R-Wyo.) about the use of disclosures to protect crypto investors, drawing comparisons with practices from traditional investing.

15 sep 2022

Rostin Behnam, the head of the U.S. Commodity Futures Trading Commission, said he has already directed his agency to begin preparing to be the major, fully-funded regulator for much of the crypto market, as anticipated in Senate legislation.

15 sep 2022

South Korea’s Ministry of Foreign Affairs is trying to get Terraform Labs co-founder Do Kwon to return his passport, according to a local media report. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De has the latest on South Korea's efforts to arrest Do Kwon. Plus, what to expect from CFTC chairman and SEC chair's hearings in Washington, D.C.

15 sep 2022

A South Korean court has issued an arrest warrant against Do Kwon, the co-founder of the now defunct stablecoin issuer Terraform Labs, according to the financial crimes unit of the Supreme Prosecutors' Office. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details and potential outcomes.

14 sep 2022

Will the Merge solve the market’s woes? Why are regulators paying heed to crypto? Answers to those questions and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”

14 sep 2022

Cryptocurrency custody firm BitGo sues crypto financial services firm Galaxy Digital, alleging that the latter intentionally breached its $1.2 billion merger announced in May last year. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the lawsuit.

13 sep 2022

Anchorage Digital General Counsel Georgia Quinn discusses the challenges and path ahead for navigating the country’s crypto regulatory landscape amid “mixed messages” and a brewing turf war between U.S. enforcement agencies. Plus, Quinn’s take on the fallout from sanctioned crypto mixer Tornado Cash and its impact on crypto banking.

12 sep 2022