Regulation

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy
Ex-CEO Alex Mashinsky and ex-CSO Daniel Leon pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.

Terra Founder Do Kwon's Passport 'Invalidated,' S. Korea Says
Do Kwon has 14 days to return his passport, according to a notice on a government website.

US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
The Securities and Exchange Commission is treated as a villain in crypto, but the view of the Commodity Futures Trading Commission as a government ally may not survive the honeymoon, insiders suggest

Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for Justice Department's Assessment
The report came in response to President Biden's executive order on crypto.

Crypto Exchange OKX's Website Blocked in Russia, and the Reason Isn't Disclosed
The country's prosecutor general office blacklisted the world's third-largest crypto exchange by volume, according to the public data

Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says
Researchers at the Federal Reserve Bank of New York published a new paper claiming Circle's USDC stablecoin poses a risk to the broader financial system.

UK Shuts Down Temporary Crypto Company Licensing Program
The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk.

Kim Kardashian Settles SEC Probe for $1.26M for Hyping EthereumMax Without Disclosing Payment
The reality TV star also agreed not to tout any cryptocurrencies for three years.

Crypto and the ‘Law of the Horse’
There’s no such thing as "crypto law." So why are so many people studying it? This article is part of CoinDesk’s “Education Week.”


