Regulation

Regulation

Policy

White House crypto adviser Witt says other Clarity Act hurdles being cleared

Patrick Witt told CoinDesk that a recent compromise on stablecoin yield should hold as the Senate tries to advance its crypto bill, even as bankers continue warnings.

Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets(Jesse Hamilton/CoinDesk)

Policy

U.S. SEC says software allowing crypto wallet transactions not considered broker

The latest crypto view from the securities agency concludes software that clears the way for securities transactions with individual wallets won't trip regulations.

SEC Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Finance

ClearBank secures MiCA approval, targets Circle euro, dollar stablecoins for institutional clients

The U.K.- and EU-regulated credit institution gains crypto-asset service provider status and said it will connect clients to regulated stablecoin rails over Circle Mint

View of Docklands from Clear Bank's London office. (Alex Merz/ClearBank Press)

Policy

Crypto Clarity bill has 30% chance of passing this year, Wintermute’s Hammond says

Wintermute’s head of policy Ron Hammond pegs chances at 30%, citing political friction, stalled negotiations and shifting timelines despite signs of progress.

Ron Hammond (Nikhilesh De/CoinDesk)

Policy

Japan moves to classify cryptocurrencies as financial products

The new rules ban insider trading, require issuers to publish annual disclosures, and impose stricter penalties: up to 10 years in prison and 10 million yen in fines for operating without registration.

Tokyo, Japan (Jaison Lin/Unsplash)

Policy

U.S. Treasury proposes demands that stablecoin firms be set to police bad transactions

The U.S. is pitching new rules for stablecoin issuers to treat them like every other financial firm that must maintain armor against illicit uses.

U.S. Department of the Treasury headquarters in Washington (Jesse Hamilton/CoinDesk)

Policy

South Korea takes away exchange discretion in a major anti-phishing crackdown

The new rules apply uniform criteria for withdrawal exceptions based on account history and transaction patterns.

South Korea's flag (Daniel Bernard/Unsplash)

Policy

Stablecoin issuers get closer to U.S. federal rules with FDIC's new proposal

The Federal Deposit Insurance Corp. approved a proposed rule to govern the issuers, even as the Senate continues to debate GENIUS Act details.

U.S. FDIC Chairman Travis Hill (Jesse Hamilton/CoinDesk)

Opinion

Regulation by hostility: the real legacy of Biden-era crypto policy

Thorn argues that a recent New York Times op-ed rewrites history through omission, glossing over the collateral damage caused by the previous administration.

(White House, Biden, modified by CoinDesk)

Opinion

The time for clear financial privacy rules is now

Despite recent regulatory progress in the industry, privacy remains an area that needs to be addressed, says Yelderman.

3D Render of a Safe with Coins and Banknotes, Blue, Economy Concept – Stock Photo