Regulatory Policy

Focuses on global regulatory developments, policy changes, and compliance requirements. It provides in-depth analysis of government regulations and their impact on the cryptocurrency and blockchain industries, helping businesses and investors proactively manage policy-related risks.

New York Times Investigation: Internal Strife, Favoritism... What Details Lie Behind Trump's 'Crypto Amnesty'?

An investigation by The New York Times reveals a dramatic shift in the U.S. SEC’s enforcement approach toward the cryptocurrency industry following former President Donald Trump's return to office. The analysis of court records and internal documents shows the SEC halted, dropped, or softened more than 60% of ongoing crypto cases inherited from the Biden administration. Notably, the agency dropped seven cases outright—five of which involved defendants with public ties to Trump—and made concessions in seven others. In contrast, it maintained its legal stance only in cases where no clear connection to Trump existed. The SEC defended the policy reversal as based on legal and jurisdictional concerns, not political favoritism. The report highlights that multiple companies that benefited from the SEC’s pullback had financial links to Trump or his family—including through his cryptocurrency venture, World Liberty Financial—or had contributed to his political efforts. Examples include Binance, Ripple, Tron, Cumberland, and Gemini, operated by the Winklevoss twins. Under the Biden administration, the SEC filed 105 crypto-related cases, compared to zero since Trump’s return. Current and former SEC officials expressed concern that the agency’s retreat risks undermining investor protection and encouraging unchecked industry practices.

比推12/15 21:44

New York Times Investigation: Internal Strife, Favoritism... What Details Lie Behind Trump's 'Crypto Amnesty'?

比推12/15 21:44

Market Expert Says Ripple’s Biggest Win Is Not XRP Regulation, Here’s What It Is

A crypto market expert argues that Ripple's most significant achievement is not XRP's regulatory clarity as a non-security, but rather its recent conditional approval for a national trust bank charter from the OCC. This milestone validates Ripple’s long-term strategy of engaging with regulators and building institutional partnerships, rather than focusing solely on retail adoption. The approval signals Ripple’s commitment to operating within established financial frameworks and strengthens its legitimacy in global finance. The expert, previously skeptical, now views this as evidence of Ripple’s maturity and dedication to solving foundational problems, which ultimately benefits XRP’s credibility and future.

bitcoinist12/15 21:02

Market Expert Says Ripple’s Biggest Win Is Not XRP Regulation, Here’s What It Is

bitcoinist12/15 21:02

SEC ’eased up on’ 60% of crypto enforcement cases under Trump: Report

Under the Trump administration, the SEC has reportedly dismissed or dropped approximately 60% of its cryptocurrency-related enforcement cases, a significantly higher rate than for other securities law violations. The New York Times report highlighted high-profile cases like those against Ripple and Binance, noting the agency is no longer actively pursuing cases against firms with Trump ties. The SEC denied political influence, attributing the shift to legal and policy reasons. Trump-linked entities have expanded their crypto involvement, including memecoins and mining ventures. Meanwhile, the last Democratic commissioner, Caroline Crenshaw, is set to leave, having criticized the administration's softer crypto stance.

cointelegraph12/15 20:53

SEC ’eased up on’ 60% of crypto enforcement cases under Trump: Report

cointelegraph12/15 20:53

Inside the UK’s crypto regulation push and what changes by 2027

The UK is finalizing its comprehensive crypto regulatory framework, set to be implemented by October 2027. The new rules aim to provide clear guidelines, strengthen consumer protection, and exclude malicious actors. The legislation, building on a 2023 proposal, extends existing financial regulations to cryptocurrencies and aligns more closely with U.S. laws than with the EU's MiCA. Key measures include specific rules for stablecoins, with strict holding caps of £20,000 for individuals and £10 million for businesses per systematic stablecoin. Only 60% of reserves can earn interest from UK government debt, a point of criticism for potentially making GBP-based stablecoins uncompetitive. In contrast, other aspects like tax-free DeFi activities and recognizing crypto as property have been welcomed by the industry. The final guidelines are expected by the second half of 2026.

ambcrypto12/15 19:02

Inside the UK’s crypto regulation push and what changes by 2027

ambcrypto12/15 19:02

Why Web3 Chinese Entrepreneurs Are Losing Their Voice in the New Era

Chinese Web3 entrepreneurs, once dominant in the crypto industry with major exchanges like Binance and OKX, have seen their global influence decline significantly since the 2020 DeFi Summer. This shift is attributed to three main factors: stricter regulatory crackdowns in China, which disrupted local ecosystems and forced migration overseas; a structural preference shift among global VCs toward欧美-backed, compliance-focused projects; and a mismatch between the B2C-oriented experience of many younger Chinese engineers and the industry’s current infrastructure-focused, B2B development stage. While early success stories often leveraged Chinese internet mobilization tactics, newer standout projects like Hyperliquid are led by Western-educated founders with multicultural backgrounds, highlighting the growing importance of global integration. The article concludes that future success in Web3 will depend less on cultural origin and more on cross-cultural collaboration, long-term technical commitment, and adaptability to regulatory complexity.

比推12/15 14:42

Why Web3 Chinese Entrepreneurs Are Losing Their Voice in the New Era

比推12/15 14:42

The Dilemmas and Future of Web3 Chinese Entrepreneurs

In the increasingly mainstream crypto industry, Chinese entrepreneurs appear to be receding from the center stage. While early Chinese-founded projects like Binance, OKX, and Bitmain once dominated sectors such as exchanges and mining, a noticeable decline in the visibility and influence of new-generation Chinese entrepreneurs has emerged since the 2020 DeFi Summer. Three major factors contribute to this trend. First, regulatory crackdowns and shifting geopolitical dynamics in China disrupted local crypto activities, forcing entrepreneurs to relocate overseas and lose their native market advantages in user acquisition and community building. Second, capital preferences have shifted structurally toward欧美-led ventures due to better compliance alignment and exit opportunities, leaving Chinese projects at a funding disadvantage. Third, a mismatch exists between the skill sets of Chinese engineers—who excel in B2C applications—and the industry’s earlier focus on B2B infrastructure development. Notable exceptions, like Hyperliquid’s Jeff Yan, highlight the rising importance of multicultural backgrounds. Many successful new-wave founders have Western education or experience, enabling better integration into global ecosystems. The article concludes that future success in crypto will depend less on cultural origin and more on cross-cultural collaboration, long-term technical commitment, and adaptive resilience amid regulatory complexity.

marsbit12/15 14:32

The Dilemmas and Future of Web3 Chinese Entrepreneurs

marsbit12/15 14:32

Does Encryption Becoming 'Boring' Signal Its Formal Entry into the Mainstream Application Stage?

The article argues that the perceived "boredom" in cryptocurrency signals its maturation into mainstream adoption, driven by regulatory clarity, particularly around stablecoins. This stability allows projects to shift from serving crypto-natives to building practical, regulated products for the mass market. The author highlights that while early crypto ideals like anonymity were initially celebrated, they became a barrier to scale due to compliance needs. The current phase involves pragmatic, "boring" solutions, such as the "stablecoin sandwich," which bridges traditional finance and blockchain but reintroduces intermediaries to handle compliance and data verification. A key future direction is Proof of Personhood, exemplified by Worldcoin's efforts to distinguish humans from bots using biometric verification. This is positioned as essential for scaling payments and combating fraud. Worldcoin's new wallet, integrating global bank accounts and a Visa card, demonstrates that user demand is for seamless financial tools, not necessarily new tokens. Additionally, the rise of "Mini Apps" allows developers to bypass app store fees, while decentralized messaging (e.g., XMTP) offers privacy-focused communication. The conclusion is that crypto's infrastructure is finally becoming practical and regulated, just as AI advances make cryptographic verification of truth increasingly critical.

比推12/15 13:44

Does Encryption Becoming 'Boring' Signal Its Formal Entry into the Mainstream Application Stage?

比推12/15 13:44

Tajikistan’s mining crackdown shows how energy strain shapes crypto policy

Tajikistan has criminalized cryptocurrency mining using stolen electricity, imposing fines up to $8,250 and prison sentences of up to eight years. The move follows severe energy shortages, with illegal mining causing millions in losses and infrastructure damage. The country, heavily reliant on hydropower, has faced winter rationing with only a few hours of daily electricity in some areas. This crackdown is part of a global trend where governments in Asia and the Middle East are tightening regulations to protect power grids. The law aims to deter unauthorized mining, which exacerbates energy crises and often involves tax evasion and financial crimes.

cointelegraph12/15 13:05

Tajikistan’s mining crackdown shows how energy strain shapes crypto policy

cointelegraph12/15 13:05

UK To Introduce Crypto Bill on Monday—Implications for Exchanges and Stablecoin Issuers

The UK government will introduce new crypto legislation on December 15, aiming to implement regulations by October 2027. The bill will classify operating a crypto exchange and issuing stablecoins as regulated activities, requiring companies to register with the Financial Conduct Authority (FCA). Chancellor Rachel Reeves stated the legislation aims to provide clear rules, encourage investment and innovation, and protect consumers while excluding malicious actors. The FCA has already introduced anti-money laundering rules, with more reporting requirements coming in 2026. The Bank of England will also establish a framework for systemically important GBP-denominated stablecoins by 2026, creating a tiered regulatory model for stablecoins in the UK.

ccn.com12/15 11:35

UK To Introduce Crypto Bill on Monday—Implications for Exchanges and Stablecoin Issuers

ccn.com12/15 11:35

Ex-Terra Insider Calls Do Kwon Case ‘Backwards’ In Explosive X Thread

Former Former Terraform Labs developer Will Chen criticized the legal case against Do Kwon in a Dec. 13 X thread, calling it "backwards" days after Kwon received a 15-year prison sentence. Chen, who stated he personally wanted Kwon punished for arrogance and recklessness, argued the fraud theory was fundamentally flawed. He contended prosecutors incorrectly framed Jump Trading's intervention during Terra's May 2021 depeg as fraudulent non-disclosure. Chen asserted that hiding additional safety mechanisms (Jump's backing) actually meant Kwon "claimed less safety than he actually had" – the opposite of fraud. He argued non-disclosure could be strategic rather than deceptive, comparing it to central banks' "strategic ambiguity." Chen also challenged the causation between May 2021 events and May 2022 collapse, noting the changed information environment. He strongly objected to attributing $40 billion in "fraud loss" to Kwon, arguing market cap decline isn't equivalent to actual investor losses. While acknowledging some misleading messaging around Chai and Anchor, he distinguished Terra's value destruction from FTX's direct theft of customer funds. Chen warned the case sets a dangerous precedent where "founder confidence plus project failure equals fraud," effectively criminalizing entrepreneurship.

bitcoinist12/15 11:16

Ex-Terra Insider Calls Do Kwon Case ‘Backwards’ In Explosive X Thread