Lithuania is the latest impatient European Union member to rush ahead with creating its own crypto licensing system because EU laws may come too late to...
NEW YORK - Emotions are running high after the New York State Senate passed a bill that would prohibit fossil fuel power plants from launching new...
In a historic move, Japan's parliament passed a legal framework for stablecoins on Friday, providing a safety net for investors in the wake of last month's...
The New York State Senate passed a proof-of-work mining bill early Friday morning in an effort to address some of the environmental concerns surrounding cryptocurrencies. The bill,...
The U.S. Department of Labor (DOL) in March issued a controversial warning to 401(k) plan fiduciaries to "exercise extreme caution" before considering adding cryptocurrencies to a...
CoinSwitch Kuber, one of India's most prominent crypto exchanges, has launched an index that will provide real-time information on the performance of the Indian rupee based...
A German central banker has called for a bank-like international standard setter for financial technology innovation - while dismissing decentralized finance (DeFi) as a "casino" for...
Speculation in cryptocurrencies is being lumped in with other high-risk ventures in a series of new commercials from the U.S. Securities and Exchange Commission (SEC) aimed...
Most of the 90 or so guests at Donald Trump's glitzy Christmas party in Naples, Florida, last December took home the ultimate GOP keepsake: a photo...
Germany's Federal Financial Supervisory Authority (BaFin) on Wednesday laid out the requirements cryptocurrency registrars must meet to obtain a license under laws that took effect last...
Nate Chastain, the OpenSea employee who left the NFT marketplace following an insider trading scandal in September 2021, is now in the crosshairs of U.S. authorities. Chastain...
Following the collapse of Terra, the South Korean government is planning to form a new committee specifically to oversee the digital asset market, according to a...
DAVOS, Switzerland - Thailand has been working on a retail central bank digital currency (CBDC). An initial pilot was planned for the second quarter of 2022,...
Decentralized finance (DeFi) can be regulated by relying on its own trust-building mechanisms to collect compliance data, according to Raphael Auer, head of the Eurosystem Innovation...
European Union financial regulators have said that crypto exchanges should lose their licenses if they have seriously breached anti-money laundering rules. The recommendation comes as lawmakers reach...
A group of tech experts and academics wrote to U.S. lawmakers criticizing cryptocurrency and blockchain technology in the first concerted effort to counter crypto industry lobbying,...
Layer 2 sidechain Polygon requires extensive KYC (Know Your Customer) disclosures to provide financing, investment, grants or financial support to potential partners in India, a person...
By Alexander Zaitchik, Jeanhee Kim, Kelly Le and Angie Lau, Forkast.News. Part two of a series produced by Forkast.News with support from the Judith Neilson Institute's...
By Alexander Zaitchik, Jeanhee Kim, Kelly Le and Angie Lau, Forkast.News. Part three of a series produced by Forkast.News with support from the Judith Neilson Institute's...
By Alexander Zaitchik, Jeanhee Kim, Kelly Le and Angie Lau, Forkast.News. First in a series produced by Forkast.News with support from the Judith Neilson Institute's Asian...
Liminal, a company that boasts of a novel wallet architecture focused on safekeeping of digital assets, has received $4.7 million in its seed funding round.Elevation Capital,...
The Basel Committee on Banking Supervision has said it will finalize standards for banks' exposure to cryptocurrencies later this year, taking recent market woes as an...
DAVOS, Switzerland - In September 2021, Miami Mayor Francis Suarez said on an episode of CoinDesk TV's "First Mover" that MiamiCoin (MIA), a private cryptocurrency designed...
The UK government has published a consultation paper outlining a strategy to reduce risk for investors holding stablecoins.The proposal follows the collapse of algorithmic stablecoin TerraUSD...
Digital asset provider Copper announced that its Swiss branch has received approval to join the country's Financial Services Standard Association, a self-regulatory organization recognized by Swiss...
After consultations with organizations such as the World Bank and the International Monetary Fund (IMF), India is close to finalizing a consultation paper on cryptocurrencies, according...
The Financial Conduct Authority (FCA), known for being critical of digital assets, took a different approach at its first CryptoSprint, held earlier this month. Over the course...
Coinbase's "relentless" and "bold" communications strategy regarding India continues to surprise, according to multiple people in the crypto industry and government. Coinbase (COIN) CEO Brian Armstrong has...
Fed Vice Chair Lael Brainard has proved those waiting for a digital dollar wrong, saying the creation of a central bank digital currency (CBDC) in the...
Federal Reserve Vice Chairwoman Lael Brainard said a central bank digital currency (CBDC) could coexist with stablecoins and provide a measure of safety. Brainard's comments were...
The policy body representing the interests of the Indian crypto industry has no plans to file a lawsuit against the Reserve Bank of India (RBI). "We have...
The Portuguese Congress, Assembleia da República, on Wednesday rejected two bills that would have taxed cryptocurrencies.The bills were presented by Livre and Bloco, two left-wing parties...
Paraguay's Chamber of Deputies on Wednesday approved a bill to regulate crypto mining and trading by a vote of 40-12. The country's Senate had already passed a...
Circle Internet Financial argues that the Federal Reserve should refrain from launching its own digital dollar because it could stifle private sector efforts like Circle's to...
FTX founder and CEO Sam Bankman-Fried stood before a room full of derivatives industry bigwigs and regulators Wednesday to argue in favor of his company's proposal...
After years of research, the Bank of Canada is preparing to develop its own central bank digital currency (CBDC). In a June 11 job posting, the central...
Binance, the world's largest crypto exchange, will help Kazakhstan develop regulation for digital assets as the Central Asian country looks to develop its crypto industry beyond...
A united government could make it easier to agree on new crypto laws and "follow the spirit of Biden's executive order" to keep the U.S. at...
Michael Hsu, who heads a major U.S. banking agency, said the recent fiery collapse of TerraUSD (UST) and the larger drama that accompanied it should serve...
FTX founder Sam Bankman-Fried said in a podcast Monday that he could donate as much as $1 billion in the 2024 U.S. presidential election.In an interview...
According to a report in the Korea Times, South Korean financial authorities are looking to introduce measures to tighten controls on crypto exchanges following the collapse...
More financial institutions engaging in cryptocurrencies or digital assets as a means of payment could lead to a "spillover to the overall economy," the European Central...
DAVOS, Switzerland - Even on the trains, there's no escaping cryptocurrency. The annual meeting of the World Economic Forum (WEF) - canceled in 2021, postponed in 2022...
Wall Street bankers argue that the Federal Reserve's introduction of its own digital dollar could shake banking as we know it to its foundations. That's according...
Representatives of the crypto industry resisted attempts to force them to report details of NFTs, decentralized financial transactions (DeFi) and bulk payments to tax authorities at...
An alleged pump-and-dump of the meme coin "Let's Go Brandon" by Rep. Madison Cawthorn (R-N.C.) appears to have prompted an investigation by the U.S. House of...
According to a report by KBS News on Monday, Korean police are looking to freeze Luna Foundation Guard's funds after stablecoin TerraUSD (UST) collapsed this month.Seoul...
Former BitMEX CEO Arthur Hayes was sentenced Friday in a New York federal court to two years of probation with six months of house arrest and...
DAVOS, Switzerland - Defense contractor Lockheed Martin and the Filecoin Foundation could soon make an open-source blockchain network accessible in space. The two organizations made the...
Twelve percent of adults owned cryptocurrencies in 2021, according to a Federal Reserve survey measuring the economic health of U.S. consumers. The annual survey of 11,000 people,...
Former BitMEX CEO Arthur Hayes was sentenced Friday in federal court in New York to two years probation and six months house arrest with site supervision....
Cryptoassets should be subject to the same standards as the rest of the financial system, according to the group of finance ministers from the world's seven...
Cryptocurrencies should be subject to the same standards as the rest of the financial system, according to finance ministers from the world's seven largest industrialized countries. A...
Using distributed ledger technology (DLT) to lower the cost of cross-border payments requires regulators to stop looking at individual companies like banks and instead focus on...
The U.K.'s Financial Conduct Authority and the U.K. Treasury will scrutinize the collapse of the Terra ecosystem crypto tokens as they draft new rules for crypto...
Two U.S. nationals have been charged with running a crypto Ponzi scheme that allegedly defrauded hundreds of investors out of a total of $44 million. Commodity Futures...
Former BitMEX CEO Arthur Hayes faces trial in a New York court on Friday after pleading guilty in February to charges that he willfully failed to...
The U.S. Department of Commerce's International Trade Administration is seeking public comment on how to respond to President Joe Biden's executive order on crypto, according to...
Panama's President Laurentino Cortizo said Wednesday that he may veto a recently passed law regulating the use of cryptocurrencies in the Central American country. Although he called...
A senior U.S. financial crimes enforcement official on Thursday directed the crypto industry to proactively blacklist "problematic" wallets even before the Treasury Department tells them to...
Finance ministers from the major industrialized nations of the Group of Seven (G7) will call for faster global regulation of cryptocurrencies following the collapse of the...
Michael Barr, a former Ripple adviser nominated by President Joe Biden to lead the Federal Reserve's oversight of the U.S. financial sector, said during a Senate...
New York's top financial regulator believes the current approach to regulating digital assets - both at the state and federal level - needs to be overhauled. At...
New York bitcoin mining companies are increasingly considering abandoning their efforts in the once-praised land as the state legislature considers a bill to ban new mining...
New global tax reporting rules could soon extend to cryptocurrencies, non-fungible tokens (NFTs) and decentralized finance (DeFi), but some worry that the inflexible framework of the...
A U.S. appeals court has ruled that the Securities and Exchange Commission (SEC) violated the constitutional rights of a hedge fund manager by having an internal...
The Commodity Futures Trading Commission (CFTC) will increase its resources and step up its efforts to address fraud and manipulation cases involving cryptocurrencies, the agency's chairman,...
U.S. President Joe Biden's administration will push Congress to require cryptocurrency exchanges to keep their customers' money separate from their own company funds, according to a...
The President of El Salvador, Nayib Bukele, is hosting an annual meeting of the Alliance for Financial Inclusion (AFI), promoting the use and adoption of Bitcoin...
Gary Gensler, the head of the Securities and Exchange Commission, made the case for a bigger budget on Wednesday, telling lawmakers in the U.S. House of...
Binance, the world's largest cryptocurrency exchange by trading volume, is actively trying to "find the ideal time to launch its local presence in India," a Binance...
Hosting an annual meeting of the Alliance for Financial Inclusion (AFI), El Salvador's President Nayib Bukele is promoting the use and adoption of Bitcoin to 32...
Trading in crypto derivatives should be restricted to wholesale markets, a senior Dutch financial regulator said recently. The comments suggest Dutch regulators want to join the U.K....
Three U.S. agencies warned Monday that IT workers from the Democratic People's Republic of Korea (DPRK, or North Korea) are trying to secure jobs by posing...
The Advertising Standards Council of India (ASCI) has stated that no changes to crypto advertising guidelines are currently being discussed. In doing so, it has clarified...
Portuguese Finance Minister Fernando Medina has said that cryptocurrencies will be subject to taxation in the near future, as he told parliament on Friday (Sapo reported)."Many...
Decentralized finance (DeFi) must be subject to new regulations, a senior German financial regulator said, citing the risk of hacks and fraud. The comments come at a...
A senior European Central Bank (ECB) official has said that the European Union (EU) could issue a digital euro within four years, with peer-to-peer payments among...
Cryptocurrencies may lead to "dollarization" of part of the economy, which could go against the country's sovereign interests, top Reserve Bank of India officials told a...
A digital asset is a token that represents assets such as a debt or a claim to shares in the issuer and therefore falls under the...
