CoinSwitch Kuber is ‘fully cooperating’ with India’s Enforcement Directorate, CEO says

CoinSwitch Kuber co-founder and CEO Ashish Singhal said Saturday on Twitter that his firm is cooperating with India’s Enforcement Directorate and that last week’s reported searches were no...

Senate committee preps hearing on CFTC regime for crypto exchanges: Sources

The Senate Agriculture Committee is preparing a hearing on a bill that would drastically alter regulation for crypto exchanges, according to five sources with knowledge of the matter.  The bill in que...

Major NFT Marketplace X2Y2 Changes Royalties Policy, Here’s Why It Is Crucial

Vladislav Sopov Global NFT community discussing whether 0% creator royalties are good for digital artists in long run Contents Major NFT marketplace removes royalties X2Y2 team responds: “0% roy...

Cardano’s Charles Hoskinson Says, Crypto is The way Out As “Central Banks Can’t Be Trusted With Monetary Policy”

– Advertisement –   Hoskinson says crypto is the way out. Cardano founder Charles Hoskinson warned that tough times lay ahead, calling out the Fed for their poor decision-making in previou...

Andreessen Horowitz-backed CoinSwitch Kuber searched by Indian authorities: reports

CoinSwitch Kuber, a crypto exchange based in India backed by notable VCs like Andreessen Horowitz and Tiger Global, was the target of governmental searches on Thursday, according to two reports. CoinD...

Crypto accounts for most foreign exchange violations in South Korea

Financial crimes using cryptocurrencies are on the rise in South Korea. About 75% of violations of the country’s Foreign Exchange Transactions Act so far this year involved crypto, according to a repo...

Dow Plunges 1,000 Points After Fed Chair Powell Warns Inflation Requires ‘Restrictive’ Policy For ‘Some Time’

Topline Stocks posted their worst day in months on Friday after Federal Reserve Chair Jerome Powell in his highly awaited Jackson Hole speech doubled down on the central bank’s commitment to eas...

Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is r...

Coinbase Launches New Voter Registration Tool in Push for Crypto-Friendly Policy

Coinbase is unveiling a new voter registration tool in preparation for the upcoming US midterm elections. In a new statement, the leading US-based digital asset exchange says that it is launching an i...

Stocks Plunge After Powell Warns Inflation Requires ‘Restrictive’ Policy For ‘Some Time’

Topline Stocks took a hit Friday after Federal Reserve Chair Jerome Powell in his highly awaited Jackson Hole speech doubled down on the central bank’s commitment to ease decades-high inflation ...

Coinbase to Launch Crypto Policy Education for Upcoming Elections

49 mins ago | 2 mins read Exchange News The goal is to help users make judgments and select the individual who best suits their needs. Attendees will have the chance to interview candidates about codi...

Coinbase Launches Crypto Policy Education Initiative Ahead of Upcoming Elections

On August 25, Coinbase, America’s leading cryptocurrency exchange, announced the launch of a crypto policy education initiative in the U.S. that will include a voter registration portal based on candi...

Crypto Markets Look To This Week’s Jackson Hole Economic Policy Symposium For Further Direction ⋆ ZyCrypto

Advertisement &nbsp &nbsp This week, the annual Jackson Hole Economic Policy Symposium will be held from August 25-27 in Wyoming, US. The symposium draws participants from cen...

El Salvador ’s Bitcoin Policy Leads the Global Monetary: Simon Dixon

The well-known investor, Simon Dixon, points out Bitcoin Policy of El Salvador as “very responsible.” He believes the country could also pull itself out from huge debt, if its Bitcoin policy succeeded...

Kashkari Says ‘Very Clear’ Fed Needs to Tighten Monetary Policy

(Bloomberg) — Federal Reserve Bank of Minneapolis President Neel Kashkari said US inflation is very high and the central bank must act to bring it back under control. “By many, many measures we ...

Coinbase faces class action for crashing during volatility, listing securities

A Coinbase user is suing the exchange for failure to provide the secure crypto wallet access that it advertises.  The plaintiff, George Kattula, filed the class action on behalf of all Coinbase wallet...

UK Tax Authority Issues Policy Update Referring to Ethereum Network Upgrade

– Advertisement –   UK Taxman Issues Policy Update Ahead Of Ethereum Network Upgrade. Ethereum 2.0 network upgrade has triggered the UK tax authorities to update guidance for crypto regula...

El Salvador’s Bitcoin policy could lead the change in global monetary system – Simon Dixon

Prominent investor Simon Dixon recently described El Salvador’s Bitcoin policy as  “very responsible” and said it could be the first domino to fall in bringing down the International Monetary Fund’s (...

Here’s how crypto-linked PACs are spending in the New York and Florida primaries 

Crypto-linked super political action committees (PACs) have poured $3.6 million into congressional races in New York and Florida, flexing some political muscle on both sides of the aisle ahead of Tues...

the week in crypto policy

Just as the week was wrapping up, news of a cease-and-desist letter from the Federal Deposit Insurance Corporation (FDIC) addressed to FTX and other crypto firms came out. Here’s a look at some ...

Having a Long-Term Care Plan Is Crucial. Here, 2 Hybrid Policy Types to Consider

For millions of baby boomers, Gen-Xers, and millennials who have no long-term care strategy, the pandemic has sent a message: Act now or it will cost you later.  It’s a sobering task no matter your fi...

FDIC issues cease-and-desist letters to FTX US, other crypto firms over deposit insurance

The Federal Deposit Insurance Corporation (FDIC) has issued cease-and-desist letters to FTX US and four other crypto companies for allegedly making “false and misleading statements” about ...

Grayscale CLO on taking their bitcoin ETF rejection to the courts

Episode 78 of Season 4 of The Scoop was recorded remotely with The Block’s Aislinn Keely and Craig Salm, Chief Legal Officer at Grayscale. Listen below, and subscribe to The Scoop on Apple, Spot...

US lawmakers eye environmental impact of crypto mining 

US House lawmakers are seeking information from four crypto mining companies in an effort to understand the environmental impacts of blockchain technology. The House Energy and Commerce Committee sent...

Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow

A leader at the Federal Reserve is pumping the brakes on speculation surrounding crypto engagement from the regulator. In an August 17 speech, Federal Reserve Governor Michelle Bowman took issue with ...

Senator claims the FDIC is stonewalling banks that try to work with crypto

Senator Pat Toomey, R. PA, is calling the Federal Deposit Insurance Corporation to account for its work in crypto.  In an August 17 letter to FDIC acting chairman Martin Gruenberg, Toomey says the age...

Banks should notify Reserve Board before engaging in crypto activity 

The Federal Reserve Board released new information for banking organizations that want to engage in crypto-asset activities on Tuesday.  Board-supervised banks should notify the board before engaging ...

SEC files suit against Dragonchain over $16.5 million ICO

The Securities and Exchange Commission has hit yet another 2017 initial coin offering with legal action. On August 16, the SEC filed a complaint against several business entities surrounding Dragoncha...

Digital Currency Group registers to lobby for the first time

Crypto investment giant Digital Currency Group is getting into lobbying. Per an August 15 filing, Julie Stitzel, the firm’s VP of public policy, has registered to lobby on behalf of DCG. It is t...

Coin Center prepares legal challenge to Treasury’s Tornado Cash sanctions

Coin Center, a crypto-focused policy think tank, is prepping a challenge to the Treasury’s sanctions on Tornado Cash. In an August 15 blog post, Coin Center analyzed the contradiction of sanctio...

The EU is on the verge of creating a new AML regulator that will oversee crypto

The European Union is poised to create a brand new regulator with direct crypto oversight. While the crypto industry’s attention has been on the Markets in Crypto Assets regulation and the controversi...

Tornado Cash developer arrest sparks fears of global crypto enforcement

The crypto industry has been reeling since the US Treasury blacklisted decentralized crypto mixer Tornado Cash on Monday. Despite Treasury sanctions formally being limited to US persons and entities d...