Read CoinDesk’s New, Expanded Ethics Policy
As part of our ongoing efforts to be maximally transparent and accountable to readers, CoinDesk has substantially updated and expanded its ethics policy.
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Despite the retraction, the crypto community said the policy is a perfect example of why decentralization and self-custody of funds are so important. Online payment network PayPal has reneged on a controversial policy that could’ve seen users fined $2,500 for spreading “misinformation,” with the payment platform claiming the policy update was published “in error.”The now retracted misinformation clause in PayPal’s Acceptable Use Policy (AUP) was set to take effect on Nov. 3, which would have expanded on its list of prohibited activities to include “the sending, posting, or publication of....
The House Ethics Committee launched a broad federal investigation into Rep. Madison Cawthorn, R-North Carolina, on Monday, following allegations that he engaged in insider trading and had a sexual relationship with his aide. A subcommittee of the House Ethics Committee is looking into Republican Congressman Madison Cawthorn’s relationship with a staff member and whether he […]
The Office of Government Ethics reminded federal agency ethics officers of current law and extended its interpretation of the law to mutual funds. When the United States Office of Government Ethics (OGE) released its Legal Advisory 22-04 on July 5, most attention was given to its conclusion that federal employees who own any amount of cryptocurrency or stablecoins whatsoever may not participate in regulation and policymaking that concerns crypto. The legal advisory (LA) raised some eyebrows, as de minimis exemptions, threshold amounts below which assets holdings are permissible, are common....
An advisory notice from the United States Office of Government Ethics intends to leave the hodlers out of decision-making on crypto. It’s been a century or so since the property qualification came out of vogue, but it doesn’t seem a problem if you want to apply it to crypto and policymaking. An advisory notice released by the United States Office of Government Ethics last week states that the de minimis exemption — which allows for the owners of securities who hold an amount below a certain threshold to work on policy related to that security — is universally inapplicable when it comes to....
Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations. Richard Clarida’s Trades Under Scrutiny The U.S. central bank can shake up markets and this was seen earlier this week when the Federal Reserve published last month’s policy meeting update which indicated the Fed’s plans to raise rates and cut back quantitive easing (QE). Not....