Regulations

Labour Leader Keir Starmer Meets New Labour MP Chris Webb 16x9
Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans
A U.K. election is expected to happen this year, but it likely won't change the trajectory of the country's crypto policy efforts.
Labour Leader Keir Starmer Meets New Labour MP Chris Webb 16x9

The Philippines plans on issuing a wholesale CBDC (Image credit: Alexes Gerard/Unsplash)
Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
Coins.ph plans to integrate the stablecoin into remittance platforms in countries with significant remittance flows to Philippines, one of the world’s largest remittance marke...
The Philippines plans on issuing a wholesale CBDC (Image credit: Alexes Gerard/Unsplash)

Indian Crypto Exchange CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (From L to R) Courtesy: CoinDCX
Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
The objective of Okto is to give global users a single-click mobile experience while traversing the Web3 space.
Indian Crypto Exchange CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (From L to R) Courtesy: CoinDCX

Chinese-owned MineOne is said to have built a crypto mining operation within a mile of a U.S. missile base. (Warren Air Force Base)
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
President Biden ordered a halt to the MineOne operation near Warren Air Force Base, citing Chinese ownership, foreign technology and proximity to a strategic missile base.
Chinese-owned MineOne is said to have built a crypto mining operation within a mile of a U.S. missile base. (Warren Air Force Base)

CFTC headquarters (Jesse Hamilton/CoinDesk)
FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant
In addition to paying monetary penalties, FalconX must stop providing U.S.-based customers access to crypto derivatives trading platforms.
CFTC headquarters (Jesse Hamilton/CoinDesk)

Two U.S. senators wrote to Attorney General Merrick Garland to complain about the prosecution of crypto mixers. (Jesse Hamilton/CoinDesk)
U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
Senators from both parties, Cynthia Lummis and Ron Wyden, questioned the use of money-transmitter laws in cases such as those against Samouri Wallet and Tornado Cash.
Two U.S. senators wrote to Attorney General Merrick Garland to complain about the prosecution of crypto mixers. (Jesse Hamilton/CoinDesk)

(Nikhilesh De/CoinDesk)
SEC Rebuts Coinbase's Attempt to Get Appeals Court to Answer Key Crypto Question
The exchange wants an appeal court to rule on whether conventional securities rules apply to crypto. Coinbase hopes they don't.
(Nikhilesh De/CoinDesk)

Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.
Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)

Department of Justice (Shutterstock)
DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg
The white-shoe law firm’s handling of the FTX bankruptcy case has been controversial.
Department of Justice (Shutterstock)