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Regulations
Binance Drops Defamation Lawsuit Against Forbes Over ‘Tai Chi’ Document
The exchange did not say in its latest filing why it withdrew the case for now.
FinCEN Extends Comment Period for Controversial Crypto Wallet Rule
Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.
Brian Brooks, Crypto-Friendly Bank Regulator, Expected to Step Down This Week: Report
The Acting OCC head will reportedly end his brief tenure running the federal banking regulator by the end of the week.
UK's Ban on Crypto Derivatives Goes Into Effect Today
The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.
Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins
Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.
Self-Hosted Bitcoin Wallets Become Front Line in Fight Over Crypto Regulations
The steady creep of know-your-customer (KYC) requirements over firms that touch digital assets is now at the foot of self-hosted wallets.
US Treasury Bulking Up Crypto Policy Advisers as Wallet Reg Rumors Swirl
FinCEN has posted a pair of job listings for crypto policy advisers amid rumors that new regulations around wallets will arrive soon.
Seychelles, Longtime Home of BitMEX, Is Bending to US Pressure on KYC
When it comes to island-hopping crypto exchanges with relaxed know-your-customer rules, BitMEX could be just the tip of the iceberg.
US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs
Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday that warned such rules might "crush a nascent industry."
Ripple CEO Walks Back Threat to Leave US
Prolonged but fruitless efforts to get regulators on the firm’s side seem to have exhausted Ripple’s patience as it eyes a potential IPO and fights a lawsuit.
