Crypto

Crypto

Policy

Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations

IOSCO denied crypto industry requests for a bespoke regime for stablecoins while requiring closer cooperation between regulators in promotional material.

globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)

Policy

UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say

The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.

Firms may leave the country. (Romain V / Unsplash)

Finance

Blockchain.com Closes $110M Raise: Bloomberg

The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

Blockchain.com CEO Peter Smith in 2015 (CoinDesk archive)

Policy

India's Supreme Court Turns Away Petition Asking Government to Frame Crypto Guidelines

"Though the petition is under Article 32 of the Constitution, it is evident that the real purpose is to seek bail in proceedings which are pending against the petitioner," the order said.

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)