U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat
The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121,...
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit f...
Crypto Custody for Advisors
Financial advisors seeking to navigate the crypto custody landscape must understand the full spectrum of crypto custody options, balancing innovation with risk management to optimize client portfolios...
French Securities Regulator Warns Investors Against Crypto Exchange Bybit
France's securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide s...
Crypto Community Voices Outrage at Tornado Cash Developer Verdict
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.
Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan
The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.
As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros
Spot bitcoin exchange-traded funds debuted with a giant splash in January, quickly attracting billions of dollars of investment. But who was buying them and why have inflows stalled in recent weeks? W...
Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum
The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.
Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt
Georgetown Law professor Christopher Brummer leads an annual event on emerging financial technology in Washington that became a top forum for crypto issues in recent years. Now he's joining the sector...
Protocol Village: Lita Releases 'Valida ZkEVM,' Claims Speed, Efficiency Advantages
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.
Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re
Telegram-Based Notcoin Debuts at $1B FDV on Ton Blockchain
Notcoin, a gaming token that has more than 35 million users, has began trading at a $TKTK fully diluted value (FDV), according to TradingView.
First Mover Americas: Bitcoin Tops $66K as Interest-Rate Cuts Loom
The latest price moves in bitcoin (BTC) and crypto markets in context for May 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India submitted a recommendation that several regulators should oversee trade in cryptocurrencies, Reuters reported citing documents.
Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here's Why
The ether-bitcoin ratio slides to a three-year low, extending year-to-date losses to nearly 16%.
Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure Eases
One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.
Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.
SHIB to Get More Scarce as Key Exchange Expands to Shibarium
Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.
CME Looks to Take on Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
Coinbase to Target Australia's Self-Managed Pension Funds: Bloomberg
Coinbase is developing a service which will specifically target Australia' self-managed pensions sector, the exchange's Asia-Pacific Managing Director John O’Loghlen told Bloomberg.