Friday, October 30, 2020

Regulation

Bill Hinman, who spearheaded the SEC’s early crypto policies, is leaving the commission

On Wednesday, the Securities and Exchange Commission (SEC) announced the departure of William Hinman by the end of this year. Hinman joined the commission in...

SEC-approved crypto IPO issuer INX acquires STO platform OpenFinance

According to an official announcement, INX has signed a term-sheet for the acquisition of OpenFinance, which operates as a registered broker-dealer in compliance with...

Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff

The Bahamas, an island nation in the West Indies, made digital currency history on Oct. 20 with the official launch of a new central...

Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos

The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central bank...

Tether’s general counsel doubles down on support for Peter McCormack

Stuart Hoegner, general counsel for Tether and cryptocurrency exchange Bitfinex, is pushing back against claims the stablecoin operator has abandoned podcaster Peter McCormack in...

China’s central bank lays regulatory foundation for CBDC

China’s central bank, the People’s Bank of China (PBOC), published a draft law this Friday that aims to provide regulatory framework and legitimacy for...

How US authorities are using old AML tools to crack down on crypto

The ease of laundering money in the U.S. before 1970 boggles the mind. Prior to the Bank Secrecy Act (BSA) of that year, there...

China’s Digital Yuan Blurs the Lines Between CBDCs and Crypto

Central Bank Digital Currencies (CBDCs) are rapidly gaining prominence in discussions around the future of money. The many dimensions of debate, whether policy, economic...

Game theory meets DeFi: Bouncing ideas around tokenomic design

Jack Lu, 23, was struck by the idea for his new DeFi platform Bounce while working on his thesis on game theory and cryptocurrency...

The US Crypto Enforcement Framework Is a Warning to International Exchanges

The Department of Justice (DOJ) just fired a warning to crypto exchanges worldwide: Comply with U.S. law or face the potential wrath of the...

NYC court has no right to hear ‘international’ case argues Bancor firm

The legal team for a crypto firm facing possible securities law violations is asking for the case to be dismissed on geographical grounds. According to...

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

CoinDesk is partnering with DC Fintech Week, one of the world’s premier policy and regulation-focused digital currency conferences, to produce a special edition of...