US Stimulus Stalemate and Global Regulatory Momentum Set Stage for Crypto Policy Showdown in Late 2020
As October 14, 2020 unfolds, the cryptocurrency industry finds itself at the center of a global regulatory reckoning. With the […]
Regulations
Cryptocurrency regulation, policy changes, and legal developments
China Rolls Out First Public Digital Yuan Trial With 10 Million Yuan Giveaway in Shenzhen
In a move that could reshape the global financial landscape, China’s central bank has launched the first public trial of
UK FCA Bans Crypto Derivatives for Retail Traders as BitMEX Leadership Crumbles Under CFTC Charges
TL;DR The UK Financial Conduct Authority (FCA) bans crypto derivatives and ETNs for retail consumers, effective January 6, 2021 BitMEX
Retail Crypto Derivatives Face UK Ban While BitMEX Founders Step Aside Amid CFTC Charges
TL;DR The UK Financial Conduct Authority (FCA) bans crypto derivatives and ETNs for retail consumers, effective January 6, 2021 BitMEX
Square Drops $50 Million on Bitcoin as Jack Dorsey Puts Corporate Treasury Where His Mouth Is
On October 8, 2020, Jack Dorsey’s payments company Square announced it had purchased approximately 4,709 bitcoins for $50 million —
US Department of Justice Drops 83-Page Crypto Enforcement Framework Signaling Regulatory Escalation
The United States Department of Justice took a definitive stance on cryptocurrency regulation on October 8, 2020, releasing an exhaustive
StraitsX Launches XSGD: Singapore’s Regulated Stablecoin Sets New Standard for Digital Currency Compliance
On October 5, 2020, Singapore-based digital payment provider StraitsX officially issued XSGD, the first Singapore dollar-backed stablecoin backed by a
ECB Launches Digital Euro Consultation as SEC Chairman Embraces Tokenized Stocks
Two of the world’s most powerful financial regulators made headlines in early October 2020, each signaling a dramatically different approach
CFTC’s BitMEX Crackdown Signals New Era of AML Enforcement for Crypto Exchanges
The U.S. Commodity Futures Trading Commission and the Department of Justice delivered a stunning blow to the cryptocurrency derivatives industry
CFTC Orders Pennsylvania Man to Pay $7.4 Million in Bitcoin Escrow Fraud Case
In a landmark enforcement action on October 2, 2020, the U.S. Commodity Futures Trading Commission (CFTC) secured a federal court