Policy

Chairman for the U.S. Securities and Exchange Commission Gary Gensler. (SEC, modified by CoinDesk)
BOND Token Slumps 10% as BarnBridge Faces SEC Investigation
“All work on BarnBridge-related products should stop,” an appointed legal counsel said in a Discord message viewed by CoinDesk.
Chairman for the U.S. Securities and Exchange Commission Gary Gensler. (SEC, modified by CoinDesk)

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)
BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi
BlackRock's views could carry extra weight in the ongoing battle over regulation in the industry.
BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Photo of the SEC logo on a building wall
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said
Photo of the SEC logo on a building wall

(Shari Sirotnak/Unsplash, modified by CoinDesk)
Politics Is Interested in Crypto, Even if Crypto Isn't Interested in Politics
If U.S. policymakers want to help direct crypto, benefitting consumers an innovation, they will need to learn to compromise.
(Shari Sirotnak/Unsplash, modified by CoinDesk)

Tim Byun (OKX)
Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives and fiat services including U.S. dollar and UAE dirham deposits and withdrawals.
Tim Byun (OKX)

Canadian regulators are providing more clarity than their U.S. counterparts. (Chris Robert/Unsplash)
Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies
Canada is doing crypto regulation by engagement – “which we love,” said Coinbase’s VP International and Business Development Nana Murugesan.
Canadian regulators are providing more clarity than their U.S. counterparts. (Chris Robert/Unsplash)

A bankruptcy judge ruled on the BlockFi case (Pixabay)
Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.
A bankruptcy judge ruled on the BlockFi case (Pixabay)

Firms are subject to the whims of the bank account providers and end up dedicating resources to opening bank accounts. (Unsplash)
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.
Firms are subject to the whims of the bank account providers and end up dedicating resources to opening bank accounts. (Unsplash)

Kim faces accusations that he was trading coins during meetings of the National Assembly's judiciary committee last year. (efired/Getty)
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy.
Kim faces accusations that he was trading coins during meetings of the National Assembly's judiciary committee last year. (efired/Getty)

(Mark Van Scyoc/Shutterstock)
Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg
The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.
(Mark Van Scyoc/Shutterstock)