Regulations

(Nikhilesh De/CoinDesk)
SEC Rebuts Coinbase's Attempt to Get Appeals Court to Answer Key Crypto Question
The exchange wants an appeal court to rule on whether conventional securities rules apply to crypto. Coinbase hopes they don't.
(Nikhilesh De/CoinDesk)

Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.
Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)

Department of Justice (Shutterstock)
DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg
The white-shoe law firm’s handling of the FTX bankruptcy case has been controversial.
Department of Justice (Shutterstock)

Chairman Rostin Behnam's U.S. Commodity Futures Trading Commission proposed a rule Friday to ban certain event contracts in the U.S.  (Jesse Hamilton/CoinDesk)
U.S. CFTC Proposes Ban on Political Event Contracts
The U.S. derivatives regulator approved a proposed rule that punctuates a long-standing legal dispute between the agency and predictive markets platforms.
Chairman Rostin Behnam's U.S. Commodity Futures Trading Commission proposed a rule Friday to ban certain event contracts in the U.S.  (Jesse Hamilton/CoinDesk)

New Delhi, India (Unsplash)
Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves
KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.
New Delhi, India (Unsplash)

Stand With Crypto Chief Strategist Nick Carr (Nikhilesh De/CoinDesk)
Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats
Stand With Crypto – an advocacy group started by Coinbase last year – will start gathering cash from more than 400,000 members to give to favored congressional candidates.
Stand With Crypto Chief Strategist Nick Carr (Nikhilesh De/CoinDesk)

Screenshot from Kraken's promotional materials for its new wallet (CoinDesk/Kraken)
Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure
Judge William H. Orrick is scheduled to hear the matter on June 12.
Screenshot from Kraken's promotional materials for its new wallet (CoinDesk/Kraken)

Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)
Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win
The new Arbitrum-powered tool could give Russians critical of Putin a way to anonymously voice their displeasure.
Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Prometheum, whose controversial approach to U.S. crypto compliance got co-CEO Aaron Kaplan invited to testify in Congress, says it's close to launch. (Screen capture/U.S. House Financial Services Committee)
Prometheum's Contentious Answer to Crypto Compliance Is Running Late
The startup's plan to launch a custody operation followed by SEC-compliant crypto trading missed its first-quarter target, but the firm says it's just finishing up some techni...
Prometheum, whose controversial approach to U.S. crypto compliance got co-CEO Aaron Kaplan invited to testify in Congress, says it's close to launch. (Screen capture/U.S. House Financial Services Committee)

Binance Logo (Danny Nelson/CoinDesk)
Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’
FINTRAC said Binance failed to register as a foreign money services business and neglected to report nearly 6,000 transactions over $10,000.
Binance Logo (Danny Nelson/CoinDesk)