Decentral Block Post

From privacy standards to consumer protection, the cryptocurrency industry needs to better regulate itself before governments crack down.

Acting Federal Deposit Insurance Corporation chairman Martin Gruenberg said the agency needs more information about crypto, and the crypto industry needs to understand the FDIC better.

In a long blogpost full of proposed standards to guide the industry in the absence of regulations, Sam Bankman-Fried says FTX US will not list assets its lawyers think may be securities.

FDIC insurance is highly sought-after by crypto exchanges, lenders, and other service providers. Is it the key to mass adoption?

Former Kraken CEO Jesse Powell previously warned crypto investors about the risks of holding crypto on a centralized exchange.

​​Non-sanctioned foreigners are “more than welcome” at Intebix, but they need to set up a local bank card for crypto-to-fiat transactions, the CEO said.

A crypto bill that industry advocates previously said would “kill DeFi” has seen an updated draft released online with one commentator saying the U.S. is “finally getting their act together.”

An external member of the BoE policy committee looks at DeFi governance and regulation and lists measures the industry should take before regulated blockchain swallows up business.

The declaration marks the beginning of the long-awaited process of regulating crypto assets, which will produce benefits such as consumer protection and AML/KYC compliance.

Legal jurisdictional issues relating to cryptocurrencies and digital assets have necessitated a law reform project sponsored by the Ministry of Justice.

The Japan Virtual and Crypto Assets Exchange Association says it plans to make it easier for authorized exchanges to list digital currencies by loosening the screening process.

An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new 'Digital Asset' category.

Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.”

D’Agostino also said the recent battles between the SEC and CFTC is a good thing for crypto because it indicates that it will be a “vitally important piece of market structure” moving forward.

The whereabouts of “Cryptoqueen” Ruja Ignatova are still unknown but the charges against OneCoin members are starting to pile up.

Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining.

After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years.

The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023.

Law enforcement agencies are “very often” not properly trained or equipped to track crypto crimes, Interpol secretary general Jürgen Stock said.