The Year in Crypto Regulations
Bloomberg Crypto22 Joulu 2022

The Year in Crypto Regulations

The Year of 2022 was supposed to be one of crypto regulation. Multiple CEOs, venture capitalists and trade groups for the industry globally had hired lawyers and lobbyists and prepared policy papers and blog posts. Over and over, they said the refrain: “we’re hoping for regulatory clarity.”

In the US, the Biden administration announced an Executive Order, [Ensuring Responsible Development of Digital Assets] calling for a national policy on digital assets. It required federal agencies to get their digital asset policies in order, but it lacked either teeth or specifics.

Individual US lawmakers across the political spectrum proposed their own bills on crypto asset regulation, some of which competed with or even contradicted each other.

Against this backdrop, things were going poorly for investors and the industry. Token prices plunged in value. One buzzy crypto company after another filed for bankruptcy - including FTX, which had sought to position itself as exceptional in every way. It’s now-former CEO Sam Bankman-Fried has since been arrested and is facing allegations of fraud and other crimes.

So: will 2023 be the year that crypto gets regulated? Bloomberg reporters Allyson Versprille and Bill Allison join to sort out where we are with regulation, and look ahead to what we’re likely to see in 2023.

See omnystudio.com/listener for privacy information.

Jaksot(224)

What's The Deal With Bitcoin Going Up?

What's The Deal With Bitcoin Going Up?

Surprising to some, it turned out to be a decent month for crypto. Bitcoin rose almost 40% and some smaller coins did much better. Speaking of risk taking: Wall Street firms are still keen on crypto, ...

3 Helmi 202318min

What’s Next For Galaxy Digital CEO Mike Novogratz?

What’s Next For Galaxy Digital CEO Mike Novogratz?

The digital-asset industry is reeling from challenges many blame on a handful of so-called crypto bad actors and wayward CEOs. Of course we’re talking about the Do Kwon’s, the Alex Mashinsky’s, the Su...

2 Helmi 202319min

Is China Poised to Relax Its Crypto Ban?

Is China Poised to Relax Its Crypto Ban?

One of the biggest shocks to the crypto market in the past couple of years came in 2021 - when China issued its most significant crackdown yet on all things digital assets.  Fast forward to 2023, and ...

1 Helmi 202313min

The US Has a Renewed Urgency to Regulate Crypto Post-FTX

The US Has a Renewed Urgency to Regulate Crypto Post-FTX

The bankruptcy of crypto exchange FTX and the arrest of its former CEO San Bankman-Fried has had a lasting effect on the digital asset sector, for sure. But it’s also made an indelible impact on the p...

31 Tammi 202319min

Should You Try Fidelity's New Crypto Platform?

Should You Try Fidelity's New Crypto Platform?

Long time Fidelity customers have been getting some interesting offers in their inbox from the financial services company over the past several months: a new crypto trading platform for retail investo...

30 Tammi 202318min

This Week in Crypto: Binance Mishandles Collateral, More Crypto Layoffs

This Week in Crypto: Binance Mishandles Collateral, More Crypto Layoffs

As we reported this week, Binance acknowledged that it had been mistakenly mixing the collateral it holds for some of its tokens…. in the same digital wallet as other types of funds.  This kind of ope...

27 Tammi 202317min

What Genesis's Bankruptcy Means for the Industry

What Genesis's Bankruptcy Means for the Industry

Crypto lender Genesis has filed for bankruptcy. For many observers in crypto, this wasn't entirely unexpected, not least because the company itself had been warning that it was staring down a liquidit...

26 Tammi 202319min

What Will Coinbase’s Earnings Call Reveal?

What Will Coinbase’s Earnings Call Reveal?

The end of Sam Bankman-Fried’s empire created a contagion effect especially felt by crypto exchanges, like publicly-traded Coinbase. In early January, the exchange settled with New York regulators who...

25 Tammi 202316min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
ootsa-kuullut-tasta-2
politiikan-puskaradio
rss-ootsa-kuullut-tasta
tervo-halme
viisupodi
rss-vaalirankkurit-podcast
rss-podme-livebox
rss-pinnalla
rss-girls-finish-f1rst
aihe
the-ulkopolitist
otetaan-yhdet
rss-asiastudio
rss-ulkopoditiikkaa
et-sa-noin-voi-sanoo-esittaa
rss-kaikki-uusiksi
rss-raha-talous-ja-politiikka
rss-vain-talouselamaa