Regulation

Regulation

Policy

Jefferies warns of crypto market volatility as Clarity Act faces Senate test

The bank said the bill faces major hurdles, with passage boosting institutional crypto adoption and delays prolonging regulatory uncertainty.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)

Policy

UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements

The Financial Conduct Authority's proposal follows the Bank of England's backtracking on the limit to the value of stablecoins an individual could hold.

UK FCA building (FCA)

Policy

Dubai set for crypto firm influx as MiCA deadline pushes companies to reassess Europe

Dubai lawyer Irina Heaver says European founders are flocking to the UAE for faster licensing, a dedicated crypto regulator and access to markets beyond Europe.

Irina Heaver, crypto lawyer NeosLegal. (Irina Heaver/NeosLegal)

Finance

MiCA's looming deadline could leave 10 million crypto users without a platform in the EU

As MiCA takes full effect on July 1, SwissBorg's Alex Fazel told CoinDesk users should choose platforms built to withstand EU regulators' tightening oversight.

People standing in a line, silhouetted against a large window.

Policy

Europe’s unlicensed crypto firms face ‘wipeout’ as MiCA deadline hits

European regulator ESMA called on unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1.

ESMA headquarters, white office block.

Policy

U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s

Maxine Waters, the ranking Democrat on House Financial Services, asked the chief of the Department of Labor to withdraw its proposal on alternative assets.

U.S. Representative Maxine Waters (Pete Marovich/Getty Images)

Policy

Binance tells EU users it will no longer provide services after failing to secure MiCA license

A day after withdrawing its MiCA license application in Greece and saying it is ‘not leaving Europe,’ Binance notified users across the European Union that it will suspend some services.

European Union Flag (Christian Lue/Unsplash)

Policy

Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition

Former FCA policymaker and Hedera Global Policy VP, Isadora Arredondo says there is a gap between the U.K.'s crypto ambitions and how policy is carried out in practice.

Isadora Arredondo. Hedera (Isadora Arredondo)

News Analysis

In Clarity Act's final weeks, its path through U.S. Senate not getting much clearer

Tough negotiations linger in several difficult arenas, but crypto's Washington lobbyists are flying in allies this week and still hoping for a July vote.

U.S. Congress (Jesse Hamilton/CoinDesk)

Policy

Ripple targets EU, wins preliminary MiCA approval from Luxembourg financial regulator

The license will enable Ripple to offer its stablecoin payment systems to European companies and expand into broader crypto functions.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)