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The Most Influential Folks in Crypto Regulations
6.12.2023
CoinDesk published its annual Most Influential list (it's not a ranking, except for the top 10 being maybe more influential than the other 40). I wrote a few pieces (I had nothing to do with the art and didn't know about it when I wrote the pieces), as did my CoinDesk reg team colleagues, but...
Game Awards Honorees Demand Show Acknowledge Gaza Humanitarian Crisis
29.11.2023
Every year The Game Awards acknowledges a Future Class, a collection of burgeoning young members of the industry that its director, Emily Bouchoc, and others have deemed “represent the bright, bold, and inclusive future for video games.” This year, not long before The Game Awards 2023 is set...
Binance's Future and Other Questions Post-Settlement
29.11.2023
Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors...
Crypto Payment Provider Alchemy Pay Secures Iowa Money Services License
28.11.2023
The Singapore-based payment gateway Alchemy Pay has been granted the money services license by the U.S. state of Iowa. Both this license and the money transmitter license obtained from Arkansas nearly two months earlier underline Alchemy’s “dedication to compliance.” Alchemy...
Lightspark’s CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply ‘Some Form of Compromise’
22.11.2023
David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime time, he acknowledged...
Binance's Busy Day, Kraken's Second SEC Fight
22.11.2023
Binance is paying one of the largest fines in corporate history to the U.S. Department of Justice, while its founder and CEO, Changpeng "CZ" Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies. Meanwhile, Kraken is facing a lawsuit from...
Solana Blockchain Games Thrive on the Epic Games Store – Next Big Thing?
19.11.2023
Image Source: Pixabay The number of Web3 games on the Solana (SOL) blockchain has grown substantially amid the spike in the network’s native token over the past month. According to Game7’s 2023 State of Web3 Gaming Report, the number of crypto games on the Epic Games Store...
NYDFS Releases New Guidelines on Listing and Delisting Crypto on Trading Platforms
16.11.2023
Source: NYDFS The New York State Department of Financial Services (NYDFS), the authority that supervises and regulates activities of financial institutions in the State of New York, has released a guidance that regulate the listing and delisting of cryptocurrencies. The updated guidance, named...
Delaware, We Need to Talk
14.11.2023
Some sectors of the crypto industry were excited (and/or confused) by an apparent BlackRock XRP Trust filing in the state of Delaware, suggesting the massive asset manager may try to launch an XRP exchange-traded fund (ETF) after applying to launch bitcoin and ether ETFs. But, this filing...
The Crypto Industry Responded to the IRS Proposed Broker Rule
7.11.2023
The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while only a relative few seemed to support it
Bitcoin Price Prediction as $35,000 Resistance is Surpassed – When is the Next Leg Up?
7.11.2023
Bitcoin (BTC) has continued its upward trend, bouncing back above the $35,000 mark early on Monday following a brief dip linked to legal issues involving FTX founder Sam Bankman-Fried. The overall market sentiment, gauged by the Fear & Greed Index, currently stands at 73, indicating a state...
Sam Bankman-Fried Needs Better Answers on the Stand
31.10.2023
There was a moment on Monday where an assistant U.S. attorney needed to ask FTX founder Sam Bankman-Fried if he was the chairman and sole board member of Alameda Research, while showing him a document that he signed, which literally identified him as the chairman and sole board member. And Sam's...
One of the Main Accused Arrested in Alleged $240 Million Crypto Scam in India
30.10.2023
A Special Investigation Team (SIT) in India carried out extensive searches at 41 locations in the state of Himachal Pradesh on Sunday as part of the ongoing investigation into the alleged $240 million crypto scam. The operation resulted in the arrest of Abhishek Sharma, one of the main accused...
Games For Gaza Fundraising Bundle Surpasses $15M Goal In Hours
27.10.2023
Games For Gaza, an itch.io fundraiser for Medical Aid For Palestinians (MAP) that features 256 items ranging from games, stories, soundtracks, game assets, and more, reached its $15 million goal within hours of its October 27 launch. Read more
Crypto Miner Marathon Digital Plans to Raise $750 Million Through Hybrid Equity Offering
27.10.2023
Crypto mining company Marathon Digital has unveiled plans to raise as much as $750 million through a hybrid equity offering. In a recent filing submitted to the US Securities and Exchange Commission, the company said it plans to use the funds generated from this sale to invest in state-of-the-art...
Catching Up on a Lot of Stuff
26.10.2023
I poked my head out of the Sam Bankman-Fried trial just long enough for my entire panel of House lawmakers at CoinDesk's policy event in Washington, D.C. to cancel, leading to a very impromptu session instead. Unfortunately that's not enough time to really dig into any of the things that's happened...
The U.S. Risks Its Position as a Stablecoin Leader
23.10.2023
USD stablecoin transactions are rising fast, but most of the growth is happening outside of the United States, says Jason Somensatto, Head of North America Policy at Chainalysis
How Economic Policy and Geopolitical Uncertainty Could Affect Crypto Markets
20.10.2023
Absent regulatory approval of spot Bitcoin ETFs, the leading cryptocurrency is likely to remain a speculative asset rather than a true safe-haven asset
Unraveling the Dark Side of Crypto
20.10.2023
For DeFi to Flourish, Right-Size the Regulators
19.10.2023