Pat-Toomey
Pat Toomey, a Republican senator set to retire in less than two weeks, introduced the "Stablecoin Transparency of Reserves and Uniform Safe Transactions Act of 2022." The bill would establish a federal framework for stablecoins.
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Policy
Sep. 25, 2023

Coinbase Successfully Registers With Spain's Central Bank
Crypto exchange Coinbase (COIN) has registered with the central bank of Spain to provide exchange and custody services in the country, the company announced Monday. Registration with the Bank of Spain is a mandatory step to offering crypto-r...
Policy
Sep. 25, 2023

Digital Euro at Least 2 Years Away, ECB’s Lagarde Says
A digital euro is at least two years away, the European Central Bank’s president told lawmakers on Monday as she sought to address privacy fears arising from the central bank digital currency (CBDC). The ECB is due to take major decisions over w...
Policy
Sep. 25, 2023

Indian Crypto Investment Platform Mudrex Expands to Italy
Indian cryptocurrency investment platform Mudrex has successfully registered to operate in Italy, CEO and co-founder Edul Patel told CoinDesk in an interview Friday. The international move by Bengaluru-based Mudrex is rare for Indian entities t...
Policy
Sep. 25, 2023

Sam Bankman-Fried (Probably) Won’t Get a 115-Year Prison Sentence
If he’s convicted of wire fraud and/or conspiracy charges, FTX founder Sam Bankman-Fried will probably spend quite a bit of time behind bars. But there’s a good chance the 31-year-old won’t spend the rest of his life in prison. Bankman-Fried’s t...
Policy
Sep. 25, 2023

Hong Kong to Disclose All Crypto License Applicants After JPEX Probe
Hong Kong’s securities watchdog, the Securities and Futures Commission (SFC) said that it’s going to publish a list of crypto exchange license applicants in the wake of the JPEX probe, which has led to multiple arrests in the territory. “The J...
Policy
Sep. 22, 2023
CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
Plans by prediction market Kalshi to let users bet on which party will control the chambers of Congress have been turned down by regulators at the Commodity Futures Trading Commission (CFTC). The regulator said the contracts would involve unlawf...