Regulations


Policy

U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

The securities regulator, Treasury Department and U.S. derivatives watchdog are all hoping to get more funding to deal with new duties policing the digital assets sector.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Policy

Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor

The Montenegrin High Court’s decision to extradite Kwon to his native South Korea over the U.S. overstepped the limits of its power, according to the supreme state prosecutor.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

Policy

Crypto Exchange OKX to End Services in India

Customers in the country have until April 30 to close out their positions.

Indian flag. (Shutterstock)

Policy

Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill

The House Financial Services Committee chairman, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill, and Sen. Cynthia Lummis said the Senate's majority leader is open to it.

U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)

Policy

Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court

The decision is now final and cannot be appealed by either Kwon or the U.S., the Terra founder's lawyer told CoinDesk.

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)

Policy

Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial

An indictment by Dutch prosecutors lists 40 suspicious transfers – the largest from the Axie Infinity Ronin exploit.

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Policy

3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'

Davies also said he wouldn't return to Singapore "immediately" in order to effectively avoid jail and wait for some sort of settlement.

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

Policy

Does Sam Bankman-Fried Deserve 50 Years in Prison?

SBF's former customers have weighed in.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny

Bernie Moreno will be the Republican nominee for Senate in Ohio, facing Sen. Sherrod Brown in this year's general election.

U.S. Senate candidate Bernie Moreno benefited from President Donald Trump's endorsement on the way to winning the Ohio Republican primary. (Scott Olson/Getty Images)

Policy

Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

The settlement comes days after a New York judge denied motions by Genesis and crypto exchange Gemini to stop the SEC case.

SEC logo (Nikhilesh De/CoinDesk)