In a Saturday interview with Reuters, U.S. Treasury Secretary Janet Yellen talked about the importance of implementing a robust regulatory framework for cryptocurrencies without banning crypto activities.
In a Saturday interview with Reuters, U.S. Treasury Secretary Janet Yellen talked about the importance of implementing a robust regulatory framework for cryptocurrencies without banning crypto activities.
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Policy
Dec. 06, 2023

The Most Influential Folks in Crypto Regulations
It's not that being a crypto regulatory reporter is ever really boring, but a lot has happened this year. Like, a LOT . You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Clic...
Policy
Dec. 05, 2023

House's McHenry Won't Seek Reelection, Costing Crypto a Top Ally: Politico
Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday. As McHenry, the chairman of the House Financial Services Comm...
Policy
Dec. 05, 2023

Binance's Multi-Billion CFTC Penalty Was 'Heightened,' Says Commissioner Kristin Johnson
Multi-billion dollar penalties levied by the U.S. Commodity Futures Trading Commission (CFTC) against crypto exchange Binance were "heightened" because of the regulator's prior public warnings for crypto firms to comply, Commissioner Kristin John...
Policy
Dec. 05, 2023

Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says
The New York State Department of Financial Services isn't afraid to bring enforcement action against crypto companies that don't comply with its rules, Superintendent Adrienne Harris said at a Financial Times conference on Tuesday. Other regula...
Policy
Dec. 05, 2023

U.S. Crypto Lobbying on Course for Record Spend This Year
U.S. lobbying spending by the cryptocurrency industry is on course to hit a record high this year, Reuters reported on Tuesday . Crypto companies spent $18.96 million on lobbying by the end of the third quarter, up from $16.1 million in the sam...
Policy
Dec. 04, 2023

Crypto.com Receives UK Authorization as an Electronic Money Institution
Crypto.com received authorization to operate as an electronic-money institution in the U.K., the exchange said in a Monday press release . It will use the new license from the Financial Conduct Authority to offer e-money products in the U.K.,...