Regulations

New Delhi, India (Unsplash)
Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves
KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.
New Delhi, India (Unsplash)

Stand With Crypto Chief Strategist Nick Carr (Nikhilesh De/CoinDesk)
Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats
Stand With Crypto – an advocacy group started by Coinbase last year – will start gathering cash from more than 400,000 members to give to favored congressional candidates.
Stand With Crypto Chief Strategist Nick Carr (Nikhilesh De/CoinDesk)

Screenshot from Kraken's promotional materials for its new wallet (CoinDesk/Kraken)
Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure
Judge William H. Orrick is scheduled to hear the matter on June 12.
Screenshot from Kraken's promotional materials for its new wallet (CoinDesk/Kraken)

Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)
Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win
The new Arbitrum-powered tool could give Russians critical of Putin a way to anonymously voice their displeasure.
Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Prometheum, whose controversial approach to U.S. crypto compliance got co-CEO Aaron Kaplan invited to testify in Congress, says it's close to launch. (Screen capture/U.S. House Financial Services Committee)
Prometheum's Contentious Answer to Crypto Compliance Is Running Late
The startup's plan to launch a custody operation followed by SEC-compliant crypto trading missed its first-quarter target, but the firm says it's just finishing up some techni...
Prometheum, whose controversial approach to U.S. crypto compliance got co-CEO Aaron Kaplan invited to testify in Congress, says it's close to launch. (Screen capture/U.S. House Financial Services Committee)

Binance Logo (Danny Nelson/CoinDesk)
Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’
FINTRAC said Binance failed to register as a foreign money services business and neglected to report nearly 6,000 transactions over $10,000.
Binance Logo (Danny Nelson/CoinDesk)

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)
Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review
Exodus was supposed to uplist to NYSE American on Thursday morning, but this is now delayed, the company said.
SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

President Joe Biden is threatening to veto an effort in Congress to overturn the Securities and Exchange Commission's crypto accounting policy. (Chip Somodevilla/Getty Images)
House Votes to Erase SEC Crypto Policy While President Biden Vows Veto
The House of Representatives voted in favor of a resolution to oppose the SEC's crypto accounting policy, Staff Accounting Bulletin No. 121, as President Biden defends it.
President Joe Biden is threatening to veto an effort in Congress to overturn the Securities and Exchange Commission's crypto accounting policy. (Chip Somodevilla/Getty Images)

UK Economic Secretary Bim Afolami (UK Parliament)
UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation
Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline what more is coming later.
UK Economic Secretary Bim Afolami (UK Parliament)

(Helene Braun/CoinDesk)
U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
The New York Innovation Center of the Federal Reserve Bank of New York will act as a technical observer.
(Helene Braun/CoinDesk)