Another week, another lifetime lived: The U.S. President impeached, again. Worldwide COVID-19 deaths close in on 2 million. Bitcoin surges to a record high above $42,000, promptly plunges to almost…
Continue ReadingProvisional liquidators are seeking greater powers to investigate a defunct cryptocurrency trading firm after it was allegedly discovered to be lying to investors and operating illegally. According to a report…
Continue ReadingA petition to the European Parliament hopes to persuade the bloc to provide financial support to victims of cryptocurrency crime. The petition, filed Wednesday by lawyer Jonathan Levy, seeks the…
Continue ReadingThis week, reports emerged that Gary Gensler, the former chairman of the Commodity Future Trading Commission (CFTC) is set to be President-elect Joe Biden’s choice to take over the Securities…
Continue ReadingSpeaking at an online event hosted by Princeton University, the chairman of the U.S. Federal Reserve said, “We don’t feel an urge or need to be first,” on CDBCs. “Effectively,”…
Continue ReadingFederal Magistrate Judge Zia M. Faruqui has learned to stop worrying and love unhosted wallets. “The horror story of unhosted wallets is fiction, not fact,” wrote the judge in a…
Continue ReadingThe Financial Crimes Enforcement Network (FinCEN) said Thursday it would reopen its proposed rulemaking period for an additional 15 days for its reporting requirements, and another 45 days for a…
Continue ReadingTwitter CEO Jack Dorsey took to (where else?) Twitter to ask the question “Was this correct?” regarding his company’s decision to ban U.S. President Donald Trump from the platform following…
Continue ReadingBrian Brooks, who was named the temporary head of the Office of the Comptroller of the Currency (OCC) last summer, made the announcement official a day after he was rumored…
Continue ReadingGrayscale Investments, the world’s largest digital currency asset manager, announced it has begun dissolution of its Grayscale XRP Trust following the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs…
Continue ReadingWith a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold…
Continue ReadingIn the late afternoon on the Friday before Christmas, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed a regulation introducing data collection and reporting requirements for cryptocurrency. FinCEN…
Continue Reading“Everything is at risk” if financial technology is politicized, said Acting Comptroller of the Currency Brian Brooks. Speaking at a public event hosted by blockchain analysis firm Elliptic on Wednesday,…
Continue ReadingCrypto custodian Anchorage has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), making it the first national “digital asset…
Continue ReadingA hospital in China sent the first electronic bill to a patient on its blockchain-based invoice management platform on Monday. The People’s Hospital of Chengmai County, a public hospital in…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingThe owner and manager of cryptocurrency exchange RG Coins has been handed a lengthy prison term for his involvement in a multi-million dollar scheme to defraud U.S. citizens. According to…
Continue ReadingA 34-year-old Australian man accused of running the world’s largest dark web marketplace has been arrested by German authorities close to the Danish border. According to a report from Europol…
Continue ReadingOver the last 12 years, $1 trillion of value has appreciated into existence. It may be a little more or a little less tomorrow, give a few $100 billion. It…
Continue ReadingGary Gensler, a Washington and Wall Street veteran who has closely studied the cryptocurrency field, is expected to be named chairman of the U.S. Securities and Exchange Commission (SEC) in the next…
Continue ReadingThe acting head of the U.S. federal banking regulator is reportedly stepping down this week. Brian Brooks, who is currently leading the U.S. Office of the Comptroller of the Currency…
Continue ReadingThe U.K. Treasury has released a consultation paper to gather feedback from stakeholders concerning the government’s regulatory approach to cryptocurrencies and stablecoins. The consultation solicits opinions on how the U.K.…
Continue ReadingOver the last few weeks, the U.S. Financial Crimes Enforcement Network, or FinCEN, has been inundated with 7,477 angry comments about a rule change that it proposed just before Christmas.…
Continue ReadingNew Zealand’s financial watchdog has sounded a warning whistle to cryptocurrency investors after bitcoin’s latest price drop. According to a report on Tuesday by the NZ Herald, the Financial Markets…
Continue ReadingGemcoin founder Steve Chen was sentenced Monday to 10 years in federal prison for defrauding tens of thousands of investors in one of the largest early cryptocurrency investment schemes. Chen,…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingU.S. President Donald Trump has been permanently banned from Twitter, less than two weeks before he is set to leave office. Twitter announced the move late Friday, saying it had…
Continue ReadingThe National Bank of Kyrgyzstan has published draft legislation that would legally define cryptocurrency and how it may be used in the Central Asian nation. With the proposed legislation, the…
Continue ReadingThe Democratic party narrowly triumphed in Georgia elections held earlier this week, wresting control of the U.S. Senate from the Republicans. As such, the Democratic-controlled House of Representatives now has…
Continue ReadingA new report shows India’s regional internet shutdowns in 2020 cost its economy approximately $2.8 billion, making it the country that suffered the most damage from internet manipulation by a…
Continue ReadingVideo streaming platform DLive, owned by blockchain platform Tron, was reportedly used by far-right extremists to live stream the deadly riot at the U.S. Capitol building on Wednesday. The Southern Poverty…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingRipple tried to settle charges of conducting unregistered securities transactions with the U.S. Securities and Exchange Commission (SEC) before the federal regulator sued it in December, CEO Brad Garlinghouse said…
Continue ReadingThe Financial Crime Enforcement Network (FinCEN), a unit of the U.S. Treasury Department wants crypto exchanges to collect a lot more data about individuals transferring more than $3,000 in cryptocurrencies…
Continue ReadingThe institutions are coming. The herd is arriving. Institutional participation in the digital asset market is imminent. As this happens, it’s worth considering how the entry of highly regulated financial…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingThe day after the U.K.-based EXMO crypto exchange was hacked last month, reportedly losing 6% of its crypto assets, the team got a call from the U.K.’s Financial Conduct Authority…
Continue ReadingFormer Bakkt CEO Kelly Loeffler (R-Ga.) will not return for a full term as a U.S. Senator, AP projected Wednesday. Loeffler, who ran against Democrat Raphael Warnock, left the crypto…
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