Regulation

Regulation

Markets

Ex-CFTC Advisor: Facebook's Libra Could Be Both Security and Commodity

Security? Payment token? Utility token? Defining Facebook's Libra won't be easy, and it's not Facebook's call, says Jeff Bandman.

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Tech

Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options

Cuba highlights the difference between bitcoin and corporate token projects like Facebook's Libra.

cuba

Markets

Facebook's Libra Should Be Regulated Like a Security, Says Former CFTC Chair

Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security.

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Markets

Traditional Money Could Be 'Surpassed' By E-Money, Stablecoins: IMF Paper

A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

IMF

Markets

Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech

U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users' data from "exploitation."

Kevin McCarthy via his FB

Markets

What to Expect When Congress Grills Facebook on Cryptocurrency

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting

Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.

Japan finance ministry

Markets

UK Announces 'Dirty Money' Crackdown, Including Tougher Crypto Regime

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

Houses of Parliament, London (Drop of Light/Shutterstock)

Policy

What Trump's Bitcoin Tweet Changes

Donald Trump took aim at bitcoin last week. He also kicked off a whole new phase in bitcoin's mainstream moment.

(Evan El-Amin/Shutterstock)

Markets

Police in Spain Say Bitcoin ATMs Expose Problems in Europe's AML Laws

Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult.

BTC2