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Policy & Regulation

Policy & Regulation

DeFi needs regulation to drive adoption — Web3 exec

Web3 professional Agne Linge said that for broader DeFi adoption, regulations must catch up to make people feel safe.

California revokes BlockFi's lending license 2 years after bankruptcy

Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.

Robinhood legal boss is being considered for SEC chair shortlist: Report

Robinhood’s legal chief, Dan Gallagher, is reportedly one of the top picks to head the SEC under Trump, who promised to fire its current chair “on day one.”

Lack of blockchain literacy feeds lawmaker apprehension — Lee Bratcher

According to the president of the Texas Blockchain Council, the recent election outcome brought much-needed relief for the industry.

Republicans won the Senate, but 2 crypto races are still up for grabs

Democrat Ruben Gallego was leading in a race for Arizona’s Senate race, while Republican Sam Brown trailed in Nevada.

Detroit residents will be able to pay taxes with crypto from mid-2025

Detroit says the move to accept crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.

Pro-crypto Republicans win House seats as majority control still TBD

Jeff Hurd and Scott Perry, both in favor of FIT21, won close elections against their Democratic rivals for House seats in Colorado and Pennsylvania.

France considers ban on crypto betting platform Polymarket

France’s gambling regulator confirmed that it’s currently examining Polymarket and its compliance with French gambling legislation.

Election delivers big win for crypto, economic freedom — Coinbase CEO

The 2024 US election signals a positive shift for crypto and economic freedom, with Coinbase’s CEO expressing optimism for regulatory change and industry growth.

SEC's Mark Uyeda has strong chance of becoming next chair — Lawyer

The SEC’s “Crypto Mom” Hester Peirce is unlikely to replace Gary Gensler as the new chair, crypto lawyer Jake Chervinsky said.

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