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Policy & regulation

Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules

Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges.

Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report

Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary.

Blockchain Infrastructure Firm BSN Adds Polkadot, Oasis, Bityuan to Network

China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network.

Libra Association Taps Saumya Bhavsar as General Counsel for Payments Subsidiary

Bhavsar joins the Libra Association after 25 years in public and private sector banking regulation roles.

Square Agrees to Buy Credit Karma’s Tax Preparation Service for $50M

Cash App will make the DIY tax-prep software available for free to its 30 million monthly users.

US Intelligence Chief Raises Concerns With SEC Over China’s Crypto Dominance: Report

U.S. spy chief John Ratcliffe was reportedly seeking clearer regulation around digital currency.

In India, a Clash of Digital Innovation and Internet Censorship

Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?

South Korea May Delay Implementation of 20% Crypto Tax Till 2022

The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.

BIS Paper Says There’s Potential to Embed Regulation Into Stablecoin Systems

The need to regulate global stablecoins like Libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper.

Coinbase Will Suspend All Margin Trading Tomorrow, Citing CFTC Guidance

Coinbase plans to suspend all margin trading contracts effective tomorrow, and will end the service entirely by next month.