Regulations


Policy

Nigeria Invited, Then Detained Binance’s Compliance Head and Africa Manager for Two Weeks: Reports

"We are working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families,” a Binance spokesperson told CoinDesk.

Binance Logo (Danny Nelson/CoinDesk)

Policy

Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking

The crypto exchange had petitioned for clear rules on digital assets, and the agency rejected the petition in December. Coinbase isn't taking no for an answer.

Coinbase is accusing Chair Gary Gensler's U.S. Securities and Exchange Commission of improper procedure in its handling of crypto oversight. (Jesse Hamilton/CoinDesk)

Policy

U.S. President Again Proposes Crypto Mining Tax, 'Wash Sale Rule' for Digital Assets in New Budget

The 2025 budget proposal projects these taxes could generate $10 billion next year if taken up.

U.S. President Joe Biden during a State of the Union address in March 2024. (Chip Somodevilla/Getty Images)

Finance

Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors

Mudrex is a Y-Combinator-backed, California-headquartered entity with a subsidiary registered with the Intelligence Unit of India.

Scrabble letters spelling ETF arranged a rack

Policy

Wyoming Grants DAOs New Legal Structure

The governor signed a law setting up a legal status – "decentralized unincorporated nonprofit associations" – for DAOs there, and one investment firm called Wyoming an "oasis."

(Beatrice Murch/Flickr)

Policy

Appeals Court Revives Aspiring Class Action Lawsuit Against Binance

The ruling doesn't have any implications on whether certain crypto tokens are securities.

Two large stacked blocks displaying Binance's logo at a trade show.

Finance

Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors

The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.

Wellington, New Zealand (Wolf Zimmermann/ Unsplash)

Policy

U.S. Will Appeal Do Kwon's Extradition to South Korea: Justice Department

On Thursday, Kwon's attorney Goran Rodic told CoinDesk via text that a Montenegro court had ruled to extradite him to South Korea.

Terraform Labs co-founder Do Kwon (Terra)

Policy

U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

Policy

Do Kwon to Be Extradited to South Korea After March 23, Lawyer Says

A Montenegrin high court on Thursday approved Kwon's extradition to the Asian nation to face criminal charges over the collapse of Terra.

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