Regulation

(Andy Feliciotti/Unsplash, modified by CoinDesk)
The Unintended Consequences of FIT21’s Crypto Market Structure Bill
Joint CFTC and SEC jurisdiction as outlined in the landmark legislation will add heavy compliance costs, bifurcate global crypto markets and undermine a nascent industry in th...
(Andy Feliciotti/Unsplash, modified by CoinDesk)

Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)
Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?
While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.
Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)

(CoinDesk)
FTX Fraudster Sam Bankman-Fried Being Transferred to New Prison: WSJ
The location of the new prison is undisclosed as of early Thursday, but is thought to be in California, WSJ said. He is likely to be placed in a medium-security prison.
(CoinDesk)

Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)
The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry
For too long, the regulatory landscape for digital assets in the United States has been an untenable. FIT21 represents a notable step in the right direction, Blockchain Associ...
Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)

U.S. Securities and Exchange Commission Chair Gary Gensler is holding the line against crypto legislation, even as the White House says its willing to talk. (Jesse Hamilton/CoinDesk)
SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?
A new White House statement suggests not even the president who appointed the SEC chairman thinks the government can go on overseeing digital assets without new policy.
U.S. Securities and Exchange Commission Chair Gary Gensler is holding the line against crypto legislation, even as the White House says its willing to talk. (Jesse Hamilton/CoinDesk)

CFTC Commissioner Summer K. Mersinger (CoinDesk TV)
CFTC Commissioner Summer Mersinger on Overzealous Crypto Regulation and the Need for Legislative Action
The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions.
CFTC Commissioner Summer K. Mersinger (CoinDesk TV)

(Colin Lloyd/Unsplash)
The Biden Administration Is Easing Up on Crypto (a Vibes Analysis)
A wave of positive regulatory developments for crypto could be coincidence. Or they could be the Biden Administration reacting to Donald Trump’s recent embrace of the industry...
(Colin Lloyd/Unsplash)

Turkish Flag Turkey (Unsplash)
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope.
Turkish Flag Turkey (Unsplash)

(Shutterstock)
India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India's position was made to a government panel that could submit its report to the Finance Ministry by June, the report said.
(Shutterstock)

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)