Regulations
Swiss Crypto Bank SEBA Wins Hong Kong License
The bank's Hong Kong unit can now deal in and distribute securities, including products related to virtual assets related.
CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.
Crypto's Bromance With U.S. CFTC May Be One-Sided
The industry's open preference for the CFTC over the SEC has been answered with record enforcement actions showing the CFTC's enthusiasm for punishing crypto wrongdoing.
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
How the Crypto Industry Responded to the IRS Proposed Broker Rule
Some people are concerned about privacy. Some about data. And some about…Richard Heart?
U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud
Michael Hsu, the acting chief of the U.S Office of the Comptroller of the Currency that oversees banks, is excited about the possibilities of tokenization to solve settlement problems.
U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
Coinbase Adds 4 National Security Experts to Its Global Advisory Council
Coinbase has been embattled in efforts to legitimize crypto in the U.S. and is fighting the U.S. Securities and Exchange Commission (SEC) in an unregistered-securities dispute.
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.
Indian Police Arrest 8 More in $300M Crypto Scam: Report
Four cops were among those arrested, while the operation's alleged kingpin, Subhash Sharma, remains at large, according to local media reports.
