crypto regulation
Wyoming Lawmakers Pass Bill Effectively Banning Forced Disclosure of Private Crypto Keys
Wyoming's House of Representatives on Wednesday passed a bill that effectively prohibits the forced disclosure of private crypto keys by the U.S. state's courts. "The Hash" panel discusses the latest state-level crypto regulation and the federal implications.
Binance Prepared to Pay Fines From US Regulators To Settle ‘Past Conduct’: WSJ
As U.S. regulators continue to sniff around Binance, the world’s largest crypto exchange is prepared to pay monetary penalties to “make amends” for past regulatory violations, according to The Wall Street Journal. The world’s largest crypto exchange has been under extra scrutiny since the collapse of rival exchange FTX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for Binance and crypto regulation at large.
Stablecoin Issuer Paxos Burns $700M Binance USD Amid Regulatory Pressure
Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday. That was when Paxos announced it would stop issuing the cryptocurrency amid mounting regulatory pressure, blockchain data shows. Jesse Austin Campbell, Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor, discusses his outlook for the stablecoin market and crypto regulation.
Key Takeaways From Senate Banking Committee Hearing on Crypto
CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the key takeaways from Tuesday's Senate Banking Committee hearing called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets."
SEC Proposal Could Make It Harder for Hedge Funds to Work With Crypto Firms: Report
The U.S. Securities and Exchange Commission (SEC) is planning to propose rule changes that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms, Bloomberg reported on Tuesday. "The Hash" panel discusses the latest in the world of crypto regulation.
Stablecoin Issuer Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security
Paxos acknowledged it received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming based on the charge that its Binance USD (BUSD) stablecoin constitutes an unregistered security, according to a Monday press release. But the stablecoin issuer said it "categorically disagrees with the SEC staff because BUSD is not a security under the federal securities laws." CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what we know so far and the larger implications for crypto regulation.
Pres. Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg
Brainard has been leading the U.S. Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision.
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details and the wider implications for crypto regulation.
When Is Crypto Clarity Coming?
UK and EU make moves on regulation. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The New York Department of Financial Services (NYDFS) is investigating stablecoin issuer Paxos, CoinDesk has learned. The full scope of the investigation is unclear. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments.
