Regulation


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German Finance Minister Supports Digital Euro, But 'Very Critical' of Libra

Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."

Olaf Scholz German finance minister

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UK Finance Watchdog's Crypto Investigations Up By 74% in 2019

The number of investigations into cryptocurrency firms by the U.K.'s Financial Conduct Authority have reportedly seen a sharp rise in the last year.

London

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New York's Financial Watchdog Is Hiring Another Crypto Superintendent

The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire.

wall street

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'Gold-Backed' Crypto Token's Promoter Investigated by Florida Regulators

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

gold, nugget

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US House Committee Pressuring Zuckerberg to Testify on Libra: Report

Facebook CEO Mark Zuckerberg is facing pressure to testify before U.S. lawmakers on the firm's cryptocurrency project Libra.

zuck

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Ohio Treasurer Suspends Predecessor's Bitcoin Tax Payment Service

A website launched last year by the U.S. state of Ohio allowing businesses to pay a range of taxes with bitcoin has been taken offline.

Ohio state seal

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Japan's Financial Regulator Issues Draft Guidelines for Funds Investing in Crypto

The instructions from the FSA are vague and obvious, but they indicate some movement on the regulatory front.

CoinDesk placeholder image

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Coinbase-Led Crypto Ratings Council Draws Skepticism From Legal Experts

The Crypto Rating Council is dividing legal experts, with some praising the concept and others skeptical whether it will sway the minds of regulators.

Coinbase CEO Brian Armstrong

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Missouri Watchdog Hits Unregistered Crypto Brokerage With Cease and Desist

St. Louis-based Mavixbtc allegedly promised 55-percent returns and falsely claimed to be registered with two watchdog organizations.

stop sign Missouri

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European Competition Watchdog Fears Libra's 'Closed Economy'

The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.

The European Commission's headquarters in Brussels.