Regulations

FATF President T. Raja Kumar addressing a press conference in Paris, France, in October 2022. (Amitoj Singh/CoinDesk)
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
The finding, termed a "call to action" by T. Raja Kumar, emerged from a report that explored which jurisdictions have adhered to the FATF's recommendations.
FATF President T. Raja Kumar addressing a press conference in Paris, France, in October 2022. (Amitoj Singh/CoinDesk)

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev
The judge will deliver the verdict on May 14, the court said.
Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

FCA building (FCA)
UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.
FCA building (FCA)

Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (Screenshot from Coinbase video)
Coinbase Loses Most of Motion to Dismiss SEC Lawsuit
A judge ruled that the SEC made a plausible argument that Coinbase is operating as an unregistered broker, exchange and clearinghouse.
Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (Screenshot from Coinbase video)

ASIC Miners (Sandali Handagama/CoinDesk)
Crypto Chip Company Katena Wins Lawsuit Filed by Bitcoin Miner Coinmint
An arbitration panel ruled that Katena didn't mislead or deceive Coinmint, awarding the chipmaker $14 million.
ASIC Miners (Sandali Handagama/CoinDesk)

hacker. (Alpha Rad/Unsplash)
Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs
Almost half of all illicit crypto volume occurred on the TRON Blockchain, the report said.
hacker. (Alpha Rad/Unsplash)

Hong Kong harbor skyline view into Kowloon
Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF
In January, Harvest Global Investments, a major asset-management company in China, purportedly became the first to apply for a spot-bitcoin exchange-traded fund (ETF) with the...
Hong Kong harbor skyline view into Kowloon

Binance (Nikhilesh De/CoinDesk)
Binance Is Having an Odd Time
Regulatory crackdowns, and possibly whatever is happening in Nigeria.
Binance (Nikhilesh De/CoinDesk)

House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)

16:9 KuCoin (Shutterstock)
Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges
The exchange was charged under the Bank Secrecy Act.
16:9 KuCoin (Shutterstock)