Regulations


Policy

FTX's Former Auditor Prager Metis Sued by SEC

The regulator alleged in a court filing that the firm had entered into contracts with clients that violated auditor independence rules.

FTX Trading LLC auditor Prager Metis hosted a metaverse office launch party in Decentraland in October 2022. (Prager Metis)

Policy

Coinbase Obtains Payment License in Singapore

The Coinbase International Exchange received regulatory approval from Bermuda's financial regulator, and Coinbase registered with Spain's central bank last week.

Coinbase CEO Brian Armstrong (Coinbase)

Policy

BlockFi Says It's Taken Major Step Toward Emerging From Bankruptcy

The beleaguered lender’s restructuring plan may soon be finalized, pending a bankruptcy judge’s approval, BlockFi said in a notice to creditors.

Publicidad de BlockFi en Union Station, Washington D. C. (Archivo de CoinDesk)

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Bankrupt Crypto Hedge Fund 3AC's Su Zhu Apprehended in Singapore, Liquidator Says

Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said

Kyle Davies (left) and Su Zhu (middle). (Kyle Davies/X)

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JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP

Hong Kong and Macau authorities say they've detained people closely linked to the scandal, bringing total arrests to 18.

Hong Kong harbor skyline view into Kowloon

Policy

Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren't Securities

Stablecoin buyers don't expect a profit so it's not an investment contract, argues the USDC issuer, supported by former commodities regulator Heath Tarbert.

Circle CEO Jeremy Allaire (Keisuke Tada)

Policy

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions

A Democrat in Congress is waging a lonely crusade against off-chain secrecy by calling for exchanges’ internal records to be shared with central repositories.

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Policy

Coinbase Receives Regulatory Approval to List Perpetual Futures Trading to Users Outside US

The company has been looking to expand globally and announced its international exchange in May this year.

Coinbase CEO Brian Armstrong (Coinbase)

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Policy

EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm

The bloc’s executive arm is spending $842K on a study as it mulls what to do about energy-hungry proof-of-work technology

The EU is worried about crypto's energy use (Steve Buissinne / Pixabay)

Policy

Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi

The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.

(NASA/Unsplash)