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US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’

30.4.2023
United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important...

US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’

30.4.2023
U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker. Senator Rand Paul on U.S. Dollar Losing...

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

29.4.2023
This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the quarter. It’s worth noting that Japan’s...

U.S. House Will Have Crypto Bill in 2 Months: McHenry

29.4.2023
AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N.C.), chair of the House Financial Services...

Crypto Industry Is 'Absolutely' at War Against Gensler, Warren, Blockchain Association CEO Smith Says

28.4.2023
The war won't last forever, but probably will continue for the next 18-20 months, Kristin Smith said

5 Consensus 2023 Takeaways

28.4.2023
Members of our CoinDesk editorial team got together on Twitter Spaces today to assess the big picture at Consensus 2023 and share their takeaways on the critical issues that will shape how the industry continues to unfold

“Opportunism and Demagoguery” Fuels the U.S. Regulatory Crackdown, Steptoe Partner Says

28.4.2023
Jason Weinstein, a partner at Steptoe, said this latest wave of crackdowns on the crypto industry is the worst he has ever seen

Global Crypto Regulation Needs Coordination, Not Duplication, Legal Experts Say

28.4.2023
"It's not good to put crypto all in the same basket and look at it in a vacuum," said Marianne Bechara, senior counsel at the IMF

Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says

28.4.2023
The federal banking regulator said Signature’s exposure to crypto industry deposits was also a contributing factor to its failure

Genesis Bankruptcy Parties Agree to 30-Day Mediation Period

28.4.2023
The process can start once the parties agree on a mediator and submits an order to the U.S. bankruptcy court

Hamas' Military Wing to Stop Accepting Bitcoin Donations: Report

28.4.2023
The Izz ad-Din al-Qassam Brigades reportedly said the move is to protect donors from harm

ECB Probes Decentralized Settlement for Wholesale Financial Markets

28.4.2023
Euro regulators are looking again at their centralized settlement systems in seeking to keep pace with digital innovation as they explore central bank digital currencies

South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case

28.4.2023
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

28.4.2023
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult

Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin’ — Critics Insist BTC Is Too Volatile

28.4.2023
Micheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said the top crypto asset’s volatility makes it an unsuitable...