Policy & Regulation
Bitcoin Strategic Reserves: Behind the Changing Architecture of Sovereign Finance
TL;DR Bitcoin has evolved from a niche cryptographic experiment into a serious facet of global finance, prompting governments to assess…
U.S. Senate Advances GENIUS Act: Long Awaited Stablecoin Framework Edges Closer to Reality
TL;DR The United States Senate has broken a filibuster and advanced the GENIUS Act — the first comprehensive federal framework…
U.S. Regulators Give Banks the Green Light for Digital Asset Activities
TL;DR U.S. banking regulators (FDIC, Federal Reserve, OCC) have withdrawn previous restrictive statements on crypto assets, giving banks more freedom…
Introduction to Cryptocurrency Exchange Compliance
Crypto-related compliance is crucial for the stability and trustworthiness of the crypto industry. As the number of cryptocurrency users continues…
Russia’s Cryptocurrency Pivot: Legislated Sanctions Evasion
In response to mounting financial pressures of Western sanctions, Russia enacted significant legislation legalizing cryptocurrency mining and permitting the use…
MiCA’s Stablecoin Regime and Its Remaining Challenges: Part 3
Challenges remain Despite the extensive work by the EBA and ESMA, in close cooperation with national regulators, MiCA still leaves…
MiCA’s Stablecoin Regime and Its Remaining Challenges: Part 2
Stablecoins in the EU Stablecoins are the single biggest crypto-asset use case currently in digital asset markets. Circle, the issuer…
MiCA’s Stablecoin Regime and Its Remaining Challenges: Part 1
Transaction volumes show that stablecoins are currently the biggest use case for crypto assets. That makes June 30, 2024 a…
In conversation with the world’s first and only standalone virtual assets regulator: Dubai’s Virtual Assets Regulatory Authority
Amidst the resurgence in global crypto markets, governments across the world are working to implement comprehensive regulatory frameworks and enact…
What FATF’s Report on Recommendation 15 Means for Regulators & Private Sector
On March 28, 2024, the global money laundering and terrorist financing watchdog, Financial Action Task Force (FATF), published a table…
DeFi Regulation: Practical Next Steps to Make the Industry Safer
How Decentralized Finance (DeFi) should be regulated is part of a broader debate about how we control technologies that operate…
An update on the UK’s Economic Crime and Corporate Transparency Act (ECCT)
The story of cryptocurrency in the United Kingdom is one of evolving scrutiny and growing recognition that regulatory and legislative…
IRS Update: U.S. Proposed Tax Regulations Outline Information Reporting Obligations for Crypto Exchanges and Others
Roger M. Brown is the Global Head of Tax Strategy at Chainalysis. On August 25, 2023, the U.S. Internal Revenue…
The MiCA Marathon: Are we reaching the finishing line?
Today, the EU Parliament voted to pass MiCA - the first comprehensive, EU-wide rules for crypto asset service providers and different crypto assets (including stablecoins).
The Current State of Central Bank Digital Currencies (CBDCs) in 2023
Blockchain technology has made digital payments faster and easier than ever, and allowed for the proliferation of new cryptocurrencies for…