Policy

US Canada flag (Chris Robert/Unsplash)
Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies
Canada is doing crypto regulation by engagement – “which we love,” said Coinbase’s VP International and Business Development Nana Murugesan.
US Canada flag (Chris Robert/Unsplash)

A bankruptcy judge ruled on the BlockFi case (Pixabay)
Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.
A bankruptcy judge ruled on the BlockFi case (Pixabay)

CDCROP: Sunrise over Victoria Harbor in Hong Kong China cityscape (Unsplash)
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.
CDCROP: Sunrise over Victoria Harbor in Hong Kong China cityscape (Unsplash)

The National Assembly Proceeding Hall at Seoul, South Korea
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy.
The National Assembly Proceeding Hall at Seoul, South Korea

CFTC Commodity Futures Trading Commission, SEC Securities and Exchange Commission logos (Mark Van Scyoc/Shutterstock)
Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg
The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.
CFTC Commodity Futures Trading Commission, SEC Securities and Exchange Commission logos (Mark Van Scyoc/Shutterstock)

Low Angle View Of Flag Against Sky
South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report
Local media reports Democratic Party lawmaker Kim Nam-kuk had previously co-sponsored a bill seeking to defer taxation on crypto profits.
Low Angle View Of Flag Against Sky

Powell Moshed
The Need for Clarity in Washington – Not Just on Crypto
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such as blockchain's cryptographic verification systems, could guide policymakers' decisions.
Powell Moshed

CFTC Commodity Futures Trading Commission, SEC Securities and Exchange Commission logos (Mark Van Scyoc/Shutterstock)
Securities vs. Commodities: Why It Matters For Crypto
The debate over whether cryptocurrencies should be defined as securities, like stocks, or commodities, like wheat or gold, has implications for whether, how and by whom they are regulated.
CFTC Commodity Futures Trading Commission, SEC Securities and Exchange Commission logos (Mark Van Scyoc/Shutterstock)

Coinbase CEO Brian Armstrong (CoinDesk archives)
Coinbase Grew Quickly by Working With U.S. Regulators. Will It Expand Even More by Disregarding the SEC?
After its IPO in 2021, the largest U.S. crypto exchange had reason to think it was in the SEC’s good books. Then came Gary Gensler and now the exchange is going overseas with its new business.
Coinbase CEO Brian Armstrong (CoinDesk archives)

Kristin Smith/Beltway Confidential: Inside the D.C. Crypto Scene, Austin Convention Center: Unlock Stage, Austin, Texas, USA - 28 Apr 2023 (Shutterstock/CoinDesk)
Crypto Industry Is 'Absolutely' at War Against Gensler and Warren, Blockchain Association CEO Smith Says
The war won't last forever, but probably will continue for the next 18-20 months, Kristin Smith said.
Kristin Smith/Beltway Confidential: Inside the D.C. Crypto Scene, Austin Convention Center: Unlock Stage, Austin, Texas, USA - 28 Apr 2023 (Shutterstock/CoinDesk)