Regulation

Regulation

Policy

Philippines' central bank says Binance and its local partner lack licenses to operate

Binance and its local partner do not hold the necessary license required to operate in the country, the Philippine central bank said, according to a local media report.

A globe segment centered on the Philippines. (Road Ahead/Unsplash)

Policy

Prediction markets get first U.S. rule proposal as CFTC pursues contract reviews

The Commodity Futures Trading Commission opened a proposed rule for public comment that sets an approach to determine contracts in the "public interest."

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)

Policy

Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns

The effort to push several tax bills is meant to be bipartisan, but the parties may not be comfortable with all details of the seven bills weighed by the panel.

U.S. Capitol, the seat of Congress in Washington (Jesse Hamilton/CoinDesk)

Opinion

5 corruption gaps Congress must close in the Clarity Act

The most consequential crypto legislation in the world is moving forward in the U.S. Senate. As written, it leaves the United States exposed to money laundering, sanctions evasion, and conflicts of interest at the highest levels of government, argues Greytak.

Congress

Policy

U.S. House tax committee weighs crypto bills, including relief for small transactions

Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.

The IRS has issued guidance on how it intends to tax crypto staking rewards. (Jesse Hamilton/CoinDesk)

CoinDesk News

Alsobrooks says Clarity Act needs ethics deal before Senate vote

The Maryland Democrat says bipartisan crypto legislation is close, but ethics and illicit finance concerns remain unresolved.

Alsobrooks

Policy

Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward

The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat illicit finance involving cryptocurrency.

U.S. Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

Policy

OCC chief says Democrats applying sole political pressure in World Liberty charter choice

The regulator rejected claims he's doing President Trump's bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push.

Jonathan Gould (Nikhilesh De/CoinDesk)

CoinDesk Indices

Crypto for Advisors: The crypto due diligence questions you forgot to ask

As stablecoins, shifting regulation and AI-enabled infrastructure mature, advisors should revisit three questions their crypto due diligence may no longer fully cover.

yellow chair and book shelf

Policy

New DeFi entrant widens field of crypto political campaign funds as elections loom

The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.

political action committees (PACs) (illustration by Jesse Hamilton/CoinDesk)