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G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency
15.8.2023
G20 nations are set to crystalize crypto policies, the closest we may have come to globally coordinated rules for the industry. India has been at the helm of the efforts as the current president of the G20 and is likely to celebrate the progress during the Leaders' Summit in September
Is Friend.tech a Friend or Foe? A Dive Into the New Social App Driving Millions in Trading Volume
11.8.2023
The new social app has driven over 4,400 ETH ($8.1 million) in trading volume in less than 24 hours since its launch, far surpassing OpenSea’s in the same time frame. But with its mysterious origins, lack of privacy policy and lagging network, it raises some red flags
Why Binance Is Abandoning Most of Europe
10.8.2023
Crypto firms only need regulatory approval in one EU nation under new regulations to serve the single market – but some states are more prepared to implement MiCA rules than others
As Curve Averts DeFi Death Spiral, Fiasco Exposes Serious Risks
9.8.2023
Curve, a leading decentralized exchange on Ethereum, was hacked for $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk
Lessons of a $37M Attack: How a Ukrainian Payment Processor Was Hacked
8.8.2023
CoinsPaid, a crypto payment processing company with Ukrainian roots, fell a victim to a social engineering attack, thought to have emanated from Lazarus, a North Korean hacking group
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
7.8.2023
Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
4.8.2023
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say
Namibia Sets the Stage for National Crypto Strategy With New Law
3.8.2023
The Virtual Assets Act is just a “skeleton” of what a crypto regime could look like, but it sets the foundation for more laws and regulations, lawyers say
Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly
1.8.2023
The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law
Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges
28.7.2023
Prosecutors just withdrew a campaign finance charge ahead of Sam Bankman-Fried’s criminal trial this October. That doesn’t mean the U.S. Department of Justice is letting the FTX founder off on alleged criminal conduct, however – and campaign finance charges could still be tried later
Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo
28.7.2023
The Web3 company has been laser-focused on building out its Otherside metaverse this past year. The latest live demo in Los Angeles hopes to revive interest among its forgotten Bored Ape community
Ukraine Has Raised $225M in Crypto to Fight Russian Invasion, but Donations Have Stagnated Over the Last Year: Crystal
27.7.2023
Ukraine attracted over $225 million from supporters around the world, while Russian military fundraisers only scored several millions
UK Move to Digitize Trade Documents Could Rely on Blockchain, Government Says
27.7.2023
The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs
Overheard at EthCC — Is Crypto Back, Boosted by Artificial Intelligence?
25.7.2023
The intersection of AI and crypto has everyone riled up, but there is little agreement on what is its best iteration
Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar
21.7.2023
The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. And so this week’s...
Proposed Legal Reforms Aid UK Crypto Dreams – but Offer Scant Hope for Bitcoin Developers Sued by Craig Wright
20.7.2023
A new Law Commission report doesn’t address legal concerns beyond token ownership, lawyers told CoinDesk
XRP Blockchain Still Faces Centralization Caveats as Ripple Regulatory Threat Recedes
19.7.2023
Ripple scored a partial win against the SEC this week that has been cheered on industry-wide. Why does the project itself remain so controversial?
The GBTC Discount Is Narrowing; Here's Why It Matters
19.7.2023
The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role in the discount narrowing, according to analysts
What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC
14.7.2023
Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said
How the Celsius Affair Plays Into the U.S. Crypto Regulatory Debate
14.7.2023
The arrest of the crypto lender’s co-founder and ex-CEO Alex Mashinsky comes as lawmakers and regulators squabble over new rules for the sector