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Parikshit Mishra @ CoinDesk 3 place · 07/01/2024 02:32 EDT

Sony Buys Amber's Japan Unit to Enter the Crypto Market: Reports

Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit. Read more ›

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CoinDesk
Nikhilesh De @ CoinDesk 1 place · 06/28/2024 22:37 EDT

U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge

A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws. Read more ›

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CoinDesk
Jesse Hamilton @ CoinDesk 2 place · 06/28/2024 16:15 EDT

U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians

The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency. Read more ›

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CoinDesk
Cheyenne Ligon @ CoinDesk 1 place · 06/28/2024 15:09 EDT

Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation

In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court. Read more ›

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CoinDesk
Nikhilesh De @ CoinDesk 2 place · 06/28/2024 12:49 EDT

SEC Sues ConsenSys Over MetaMask Staking, Broker Allegations

The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that "engaged in the offer and sale of securities" and that its staking service violated federal securities laws. Read more ›

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CoinDesk
Helene Braun @ CoinDesk · 06/28/2024 12:45 EDT

Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto

VanEck and 21Shares' applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency in November. Read more ›

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CoinDesk
Cheyenne Ligon @ CoinDesk · 06/28/2024 11:47 EDT

Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power

The U.S. Supreme Court ruled 6-3 on Friday to drastically curb the authority of federal regulators, overturning a 40-year-old legal precedent that gave regulatory agencies leeway to interpret the laws they are tasked with enforcing. Read more ›

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CoinDesk
Camomile Shumba @ CoinDesk · 06/28/2024 11:24 EDT

Elections Across Europe Won't Hinder Bloc's Crypto Ambitions

France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest. Read more ›

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CoinDesk
Mahesh Ramakrishnan, Connor Lovely @ CoinDesk · 06/28/2024 09:58 EDT

DePIN Can Rebuild the Grid From the Bottom Up

As the U.S. electricity grid struggles with wide scale outages, crypto-powered demand response programs can save customers billions. These decentralized generative energy networks (or DeGEN) offer services valuable to customers and governments alike. Read more ›

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CoinDesk
Dante Disparte @ CoinDesk · 06/28/2024 09:00 EDT

Europe's MiCA Is Finally Here. How Will the U.S. Respond?

It's time for the U.S. to reassert its place as the global leader in financial services regulation and innovation, writes Circle's Dante Disparte. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk 2 place · 06/28/2024 08:48 EDT

First Mover Americas: Bitcoin Awaits PCE Inflation Report

The latest price moves in bitcoin (BTC) and crypto markets in context for June 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk 2 place · 06/28/2024 06:47 EDT

Kaspa's KAS Token Bucks Broader Market, Surges 26% in a Week

The rally was accompanied by an even-bigger surge in futures open interest. Read more ›

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CoinDesk
Will Canny @ CoinDesk · 06/28/2024 03:03 EDT

Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst

The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research said. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk · 06/28/2024 02:27 EDT

Long Dormant Whale Sends $61M BTC to Coinbase, OnChain Data Shows

The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market. Read more ›

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CoinDesk
Sam Reynolds @ CoinDesk · 06/28/2024 02:09 EDT

T-Rex Group Files for 2x Long, Inverse Microstrategy ETF

Bloomberg ETF analyst Eric Balchunas said this will be the 'ghost pepper' of ETF hot sauce. Read more ›

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CoinDesk
Sam Reynolds @ CoinDesk 2 place · 06/28/2024 00:06 EDT

Trump Surges to 67% in Polymarket Odds Post Presidential Debate

Biden's chances at becoming the Democratic nominee also slid to 70%, while Gavin Newsom's odds jumped to 15%. Read more ›

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CoinDesk
Nikhilesh De @ CoinDesk · 06/27/2024 22:55 EDT

Crypto Unmentioned at First 2024 U.S. Presidential Debate

President Joe Biden and former President Donald Trump faced off in a debate on Thursday evening. Read more ›

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CoinDesk
Ariel Seidman @ CoinDesk · 06/27/2024 13:24 EDT

Who Draws the Lines? The Case for Decentralized Map Making

Today, a small group of cartography companies control the world’s maps. What if there was a way of creating an open-source where on-the-ground mappers were incentivized to participate? Hivemapper CEO Ariel Seidman outlines the argument. Read more ›

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