Regulations
Crypto Has Prepared for Divided US Government, Republican Rise
A partisan mess on Capitol Hill may not be a bad thing for the crypto industry, which has friends on both sides of the aisle and legislative efforts that are – so far – bipartisan.
Crypto Exchange Coinbase Germany Ordered by Regulator to Tackle 'Organizational Deficiencies'
The Federal Financial Supervisory Authority (BaFin) said the company needs to address a range of issues including ensuring adequate risk management, staffing and IT systems.
Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged
The Financial Action Task Force responded to a report that it is preparing to conduct annual compliance checks, saying it has not changed the way it monitors crypto assets or the process for adding countries to its "gray list."
Bank of Korea Tested NFT Trading, Remittances With CBDC: Report
The central bank recently completed a 10-month-long experiment of a digital South Korean won.
LBRY Sold Tokens as Securities, Federal Judge Rules
The SEC sued LBRY last March on allegations it sold its native LBC token in violation of federal securities laws.
CBDCs May Need Global Regulation, EU Commissioner Says
Paolo Gentiloni says a series of international agreements may be needed to stop state-backed digital currencies from infringing on countries' sovereignty.
Ex-House Speaker, Former Justice Official Join US Policy Crew Assembled by Paradigm
Former lawmakers and officials from both U.S. parties will join academic and political leaders in a new council meant to advise on crypto policy after the midterm elections.
CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says
The New York Fed simulated foreign exchange transactions using a distributed ledger to test for improvements over the current system.
UK Lawmakers Will Hold Inquiry to Explore NFT Regulation
U.K. members of Parliament are afraid that NFT speculation may be a "bubble."
EU Delays Vote on MiCA Crypto Legislation Until February
Technical issues in the lengthy text could delay the start of the licensing regime set out in the Markets in Crypto Assets regulation.
