Policy


Policy

Coinbase VP says ‘fatal flaws’ in Senate crypto bill forced sudden withdrawal of support

Coinbase VP of US Policy Kara Calvert explains what tipped the scales for Coinbase against the legislation just hours before a scheduled markup.

Coinbase's Kara Calvert (Paras Griffin/Getty Images)

Policy

Crypto bill likely delayed for weeks by Banking Committee after Coinbase pulled its support

The momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks.

Senator Scott, chairman of the Senate Banking Committee

Policy

House Democrats slam SEC for dropping crypto cases with Trump ties

In a letter on Thursday, lawmakers accused the SEC of enabling a "pay-to-play" dynamic after dropping cases against Binance, Coinbase, Kraken and Justin Sun.

U.S. Securities and Exchange Commission Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Policy

Coinbase pulls support for major crypto bill. Here's what it means for the industry

Coinbase's withdrawal of its support potentially derails market structure legislation, says an analyst, noting that it's bad for the crypto industry and good for the banks.

Coinbase CEO Brian Armstrong (Coinbase)

Policy

Senator Lummis says crypto market structure bill hearing may get postponed

The Senate Banking Committee may delay its hearing on the crypto market structure bill, originally scheduled for Thursday, Senator Cynthia Lummis told Bloomberg.

U.S. Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

Policy

UK regulators start major consultation on crypto listings, DeFi, and staking

The proposals outline a "similar approach" to regulating crypto as in TradFi, echoing the U.K. Treasury's intention to extend financial rules to crypto.

UK FCA (FCA, modified by CoinDesk)

Policy

U.S. Crypto Education Group, American Innovation Project, Gets First Director

The Blockchain Association's COO, Allie Page, is leaving to be the inaugural director of AIP, which is focused on educational events for decision makers.

Allie Page (American Innovation Project)

Policy

Swiss Crypto Bank AMINA Secures MiCA License in Austria

The Swiss banking group’s Austrian subsidiary, AMINA EU, will spearhead a European market launch and accelerated expansion into the trading block.

Austrian parliament, Vienna. (Shutterstock)

Policy

China Inaugurates Digital Yuan Operation Centre to Push CBDC Integration: Report

The initiative is intended to enhance settlement efficiency, and serve as building blocks toward a broader framework for e-CNY integration.

China. (Excellentcc/Pixabay/Modified by CoinDesk)

Policy

Australia Looks to Bring Crypto Under Financial Services Framework With New Draft Legislation

Digital asset platforms (DAPs) and tokenized custody platforms (TCPs) will fall under the same bracket as other financial intermediaries.

Australia (CoinDesk Archives)