Regulations

Regulations

Policy

Crypto Exec Pushing for Industry Support of Kamala Harris for President

J.P. Thieriot, a board member and ex-CEO of Uphold, backs the vice president in her U.S. presidency bid and says he's hoping to build a digital assets advocacy for the Democrat.

Kamala Harris.  (Megan Varner/Getty Images)

Policy

Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request

Kwon has been in custody in the Balkan country since March 2023, when he was arrested for using a fake passport en route to Dubai.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer

The SEC’s approach towards NFTs, plaintiffs argue, “has the potential to bleed into the traditional art and collectibles markets in an unprecedented and boundless manner.”

Lejilex v. SEC is a classic case of “impact litigation.”(Jesse Hamilton/CoinDesk, modified)

Policy

Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims

Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.

BIS building (BIS)

Policy

The Bahamas 'Dares' Again 1.5 Years After FTX Collapse, Brings in New Crypto Law

The Bahamas' Parliament passed the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), The Securities Commission of The Bahamas announced on Tuesday.

The Bahamas. (A. Duarte/Flickr)

Policy

Coinbase Concerned About 'Ongoing Regulation by Enforcement' in Australia, Despite 'Healthy' Regulator Talks

Last month, a senior regulator warned an audience of industry goers to fall in line with the precedents set in the recent cases it has filed against crypto entities.

Coinbase (PiggyBank/Unsplash)

Policy

Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ

The plan, which sounds similar to a proposal from Sen. Cynthia Lummis’ (R-Wyo.), doesn’t echo “freedom, sovereignty and independence from government coercion and control,” which former president Donald Trump said is what bitcoin stands for.

Former President Donald Trump (Jon Cherry/Getty Images)

Policy

Russia Legalizes Crypto Mining and Brings an Experimental Regime

The State Duma passed two bills on Tuesday.

Russian flag (Egor Filin/ Unsplash)

Policy

WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery

Shetty said that outreach efforts to different exchanges “are going to be crucial.”

WazirX CEO Nischal Shetty (WazirX)

Policy

BitClout Founder Charged With Wire Fraud, Civil Securities Charge

Nader Al-Naji was arrested on Saturday and faces both civil and criminal charges.

BitClout founder Nader Al-Naji (CoinDesk)