Rulemaking

While U.S. Securities and Exchange Commission Chair Gary Gensler celebrated the agency's new dealer rule, DeFi insiders tolled a warning. (Jesse Hamilton/CoinDesk)
U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi
The Securities and Exchange Commission approved a final rule Tuesday that DeFi interests call "hostile" to that sector, potentially requiring projects to register as dealers.
While U.S. Securities and Exchange Commission Chair Gary Gensler celebrated the agency's new dealer rule, DeFi insiders tolled a warning. (Jesse Hamilton/CoinDesk)

(Jesse Hamilton/CoinDesk)
CFTC Pushes FTX-Inspired Rule to Protect Customers' Money
Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their ow...
(Jesse Hamilton/CoinDesk)

The U.S. Commodity Futures Trading Commission introduced a rule on how firms should invest customer assets, but one commissioner argued it doesn't address crypto platform LedgerX. (Jesse Hamilton/CoinDesk)
Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner
The U.S. derivatives regulator proposed a new rule for how regulated firms should invest clients' funds, but a CFTC commissioner pointed out it doesn't address LedgerX.
The U.S. Commodity Futures Trading Commission introduced a rule on how firms should invest customer assets, but one commissioner argued it doesn't address crypto platform LedgerX. (Jesse Hamilton/CoinDesk)

Chair Gary Gensler's U.S. Securities and Exchange Commission has insisted that its accounting policies for crypto didn't need to be treated as a formal rule, but the Government Accountability Office disagrees. (Jesse Hamilton/CoinDesk)
U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO
The Staff Accounting Bulletin 121 said customers' crypto assets in banks should be held on the banks' own balance sheets. That should have been a rule, not guidance, the GAO s...
Chair Gary Gensler's U.S. Securities and Exchange Commission has insisted that its accounting policies for crypto didn't need to be treated as a formal rule, but the Government Accountability Office disagrees. (Jesse Hamilton/CoinDesk)

The U.S. Treasury Department is proposing to tag crypto mixers as a money-laundering concern. (Jesse Hamilton/CoinDesk)
U.S. Treasury Seeks to Name Crypto Mixers as 'Money Laundering Concern'
Under pressure to address reports that Hamas and other terrorist groups are partially funded with crypto, Treasury's FinCEN proposed a rule to categorize mixers as a threat.
The U.S. Treasury Department is proposing to tag crypto mixers as a money-laundering concern. (Jesse Hamilton/CoinDesk)

The Financial Accounting Standards Board is issuing the first crypto-specific accounting standard for companies with digital assets. (Krisanapong Detraphiphat/Getty Images)
FASB Says Crypto Assets Should Be Marked at Current Values
The U.S. standard-setting organization for accounting has moved to insist companies use “fair-value” accounting to report their crypto holdings.
The Financial Accounting Standards Board is issuing the first crypto-specific accounting standard for companies with digital assets. (Krisanapong Detraphiphat/Getty Images)

(Mark Duffel/Unsplash, modified by CoinDesk)
SEC’s DeFi Rulemaking Do-Over Falls Short
An attempt at classifying decentralized, open-source protocols as regulated exchanges is a "gussied up ban on blockchain in the U.S.," ConsenSys lawyer Bill Hughes writes.
(Mark Duffel/Unsplash, modified by CoinDesk)

Commissioner Christy Goldsmith Romero of the U.S. Commodity Futures Trading Commission (Jesse Hamilton/CoinDesk)
U.S. Commodities Agency May Change Risk Rules to Consider Crypto
The CFTC has proposed an overhaul of risk-management requirements, and one commissioner says it should factor in emerging crypto dangers.
Commissioner Christy Goldsmith Romero of the U.S. Commodity Futures Trading Commission (Jesse Hamilton/CoinDesk)

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Crypto Proponents Fear SEC 'Backdoor' Regulations on Exchanges, Dealers
Lobbyists oppose proposals that may regulate crypto without explicitly naming the sector.
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