Crypto


Policy

Basel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025

The rules suggested that a bank's exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.

(Gary Yeowell/Getty Images)

Policy

Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'

Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.

Ashley Alder will become chair of the U.K.'s FCA next year. (H.K. Securities and Futures Commission)

Policy

Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened

The government's two taxes have cut usage of Indian crypto platforms, although interest in Binance has remained steady because that exchange is out of the country's jurisdiction.

The Internet and Mobile Association of India has disbanded its body representing India's crypto industry. (Laurentiu Morariu/Unsplash)

Policy

Australia Moves to Tighten Safety Around Crypto in 2023

Australia's Treasury has invited feedback for a consultation paper that will include a framework for regulating crypto service providers.

Parliament house, Canberra, Australia. (Unsplash)

Policy

Brazil Central Bank Plans to Launch a CBDC in 2024

The central bank sees a digital currency as a way of increasing participation in the financial system.

Brazil (Agustin Diaz Gargiulo / Unsplash)

Opinion

How Crypto Can Avoid the Next FTX

Blockchain technology and cryptographic standards like ZK-proofs can help crypto companies and protocols prove they are solvent – even in times of crisis.

(Shubham Dhage/Unsplash, modified by CoinDesk)