Regulation

Regulation

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

Policy

KuCoin operator barred from U.S. after CFTC order, following $297 million DOJ case

KuCoin operator Peken Global Limited cannot cater to U.S. users on its platform unless it registers as a foreign board of trade.

cftc

Markets

Crypto's CLARITY Act could be a headwind for DeFi tokens ring-fencing yield, analyst says

The proposed restriction on yield would shift value toward regulated players and away from decentralized finance' tokens, 10x Research's Markus Thielen said.

DeFi yields struggle to keep up with TradFi (James Coleman/Unsplash)

Finance

Binance tightens market maker rules, tells token issuers they must disclose partners

The guidelines ban profit-sharing and guaranteed return arrangements, aiming to prevent conflicts of interest and manipulative trading.

Binance logo on a smartphone (Vadim Artyukhin/Unsplash)