Regulatory News
Why global coordination on crypto regulation is paramount
In the race to tame crypto's excesses, we need to avoid regulatory clashes while DeFi draws lessons from TradFi, writes Rachel Lin of SynFutures.
Rachel Lin
Lens
Regulation & Law
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Regulation
CFTC chair calls Ethereum a commodity, in contrast to SEC chair Gensler’s position
CFTC chair Rostin Behnam has called Ethereum a commodity and not a security, in apparent contrast to past statements from SEC Chairman Gary Gensler.
Dylan Butts
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Regulation
China’s parliament member to propose NFT regulation at ‘Two Sessions’
NFTs have entered China’s Two Sessions, with a delegate to propose an NFT regulatory framework.
Tom Zuo
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Regulation
Thailand to offer tax breaks to firms issuing investment tokens
The Thai Finance Ministry will waive corporate income tax and value-added tax for firms that conduct initial coin offerings (ICOs), according to a spokesperson.
Dylan Butts
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Bitcoin News
Bitcoin ATM firm accused of profiting from crypto scams via unlicensed machines: U.S. Secret Service
A crypto tech firm and three of its executives have been indicted for allegedly operating unlicensed Bitcoin ATMs in the U.S. that profited from scams.
Dylan Butts
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Market Analysis
What Web3 must do if it wants to attract 1 billion users
Web3 is growing more rapidly than the early internet, writes Ken Timsit of Cronos Labs. But to achieve mainstream success, the following issues must be addressed.
Ken Timsit
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Uncategorized
Janet Yellen urges strong regulatory framework for crypto as India leads G20 push for regulation
U.S. Treasury Secretary Janet Yellen told Reuters after the G20 meeting in India on Saturday that while the U.S. has not indicated any outright bans, it is critical to put in place a strong regulatory framework for the cryptocurrency industry.
Pradipta Mukherjee
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Regulation
IMF releases crypto action plan, advises against legal tender status
World governments should not grant cryptocurrency legal tender status, the International Monetary Fund’s (IMF) executive board said in its new nine-point action plan on how countries should approach crypto assets published Thursday. See related article: India working with IMF, FSB on crypto regulations, says economic affairs secretary Fast facts See related article: India’s finance minister […]
Dylan Butts
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Regulation
SEC accused of ‘back door’ labeling of crypto as securities in Coinbase insider trading case
A U.S.-based blockchain advocacy group has urged a federal court to dismiss SEC charges against an ex-Coinbase employee accused of insider trading.
Dylan Butts
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Regulation
Canada gives crypto companies 30 days to meet updated registration guidelines
Cryptocurrency companies in Canada have 30 days to meet updated crypto registration guidelines released on Wednesday or risk losing their users.
Dylan Butts
