Regulations


Policy

Crypto Brokerage Blockchain.com Receives Institution License From Singapore

The company had received an in-principle approval from the Monetary Authority of Singapore last year.

Singapore skyline (Mike Enerio/Unsplash, modified by CoinDesk))

Policy

UK's Central Bank Forges Ahead With Plans for a Systemic Stablecoin Regime

The U.K. recently passed the Financial Services and Markets Act 2023 into law, which gave the BoE powers to set up a systemic stablecoin regime.

Bank of England (Camomile Shumba)

Policy

Worldcoin Nairobi Warehouse Raided by Kenyan Police: Reports

The project failed to reveal its true intentions when it registered in the country, authorities say.

Worldcoin's iris-scanning technology is being questioned by regulators (Danny Nelson/CoinDesk)

Policy

Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny

The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 million, industry insiders say.

Hong Kong (Unsplash)

Policy

Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight

The agency claims that the exchange operated as an unregistered broker, exchange and clearing agency.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Policy

Revolut Suspends U.S. Crypto Platform Over Regulatory Uncertainty

The digital bank said U.S. customers will not be able to access crypto via its platform starting Oct. 3.

Fintech giant Revolut is said to be planning to issue a stablecoin of its own.  (A. Aleksandravicius/Shutterstock)

Policy

Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China

Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.

Hong Kong (Ruslan Bardash / Unsplash)

Policy

Sam Bankman-Fried Faces Jail as Justice Department Pushes for Incarceration

The department responded to the FTX founder's defense team, which argued that the DOJ was portraying him in a negative light.

Sam Bankman-Fried (left) exits a courthouse after a hearing on July 26, 2023. (Nikhilesh De/CoinDesk)

Policy

Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight

Anchorage Digital stands alone as the only OCC-chartered crypto bank after other efforts have fizzled out or been withdrawn.

Figure Technologies CEO Mike Cagney (CoinDesk archives)

Policy

SEC Charges 18 Utah Defendants in $50M Crypto Fraud Scheme

The defendants sold unregistered securities they called “node licenses” to unsuspecting investors, the SEC said.

(Mark Van Scyoc/Shutterstock)