A new U.K. bill is set to give local authorities powers to freeze and confiscate crypto assets tied to crime if approved later this year.Policy watchers say the bill could help prevent tainted assets from being moved before seizures in criminal cases, and possibly even contribute
The New York State Department of Financial Services (NYDFS) is setting out to tackle a massive regulatory object: How crypto exchanges like Coinbase, Gemini and others list – and perhaps more importantly, delist – tokens. According to a new public service announcement
This afternoon in a Washington, D.C., courtroom, lawyers will argue over a seemingly straightforward question: Is Binance.US a client of crypto custody provider Ceffu or not?Regulators are concerned over the apparent use of Ceffu by the U.S. arm of the world’s largest crypt
The New York Times recently got hold of a trove of writings from Sam Bankman-Fried, supposedly from when he was under house arrest. While the most interesting parts are yet unreleased – like a 70-page Twitter thread reportedly offering the ex-CEO of FTX’s “side&
This past week, executives from leading artificial intelligence (AI) companies met with a bipartisan group of senior U.S. Senators. It was only the latest indication that Washington has turned its full attention to AI technology. The technology has been the subject of a president
When we founded Blockchain Association five years ago it was an open question whether or not the digital assets industry could make effective use of a trade association to argue its priorities in front of Congress and other federal regulatory agencies. Kristin Smith is the CEO of
Crypto has made “non-compliance . . . [its] business model,” at least according to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. With that belief pervasive among the regulators primarily tasked with regulating securities in the United States, it is
This month, the Blockchain Association, crypto’s leading trade association in Washington D.C., marks its fifth anniversary. The lobby shop now has 114 member companies, per a press release today, including big names like Coinbase, Kraken, CoinFund, Pantera Capital, Ripple a
The ongoing battle between the U.S. Securities and Exchange Commission and prospective issuers of bitcoin (BTC) spot ETFs is dominating current crypto headlines. An approved bitcoin ETF would increase access and signal a bullish new chapter for crypto.Investors who limit their ex
Originally, this newsletter was an analysis on whether or not Sam Bankman-Fried would be released from jail ahead of trial. A short while ago, Judge Lewis Kaplan, of the U.S. District Court for the Southern District of New York, ruled he wouldn’t be. So this is now just tha
Vitalik Buterin and friends may have found a genuine solution to blockchain’s privacy-leaking problem. Or at least a new way to build cryptocurrency mixers that maybe won’t get their operators thrown in jail.In case you didn’t see it last week, there’s a n
By any measure, the Bitcoin network is still in its infancy. While the concept of digital money is decades old – most dollars today only exist on individual account holder’s computer screens and in centralized ledgers at banks – the idea of holding one’s w
Is DeFi done for in the U.S.? Last week, in one fell swoop, the Commodity Futures Trading Commission (CFTC) sued three separate companies building some of the most respectable decentralized finance protocols. Deridex, Opyn and ZeroEx were all accused of illegally offering financi
This weekend kicked off the G20 summit in India, which will apparently deliver a group agreement on the need for stricter global regulation on crypto assets, according to a report Sept. 6 in The Hindu.Noelle Acheson is the former head of research at CoinDesk and Genesis Trading.
The venture capital space has lost significant momentum over the last few quarters. Global venture funding is nearly half of what it was last year. Whatever remains of the market is now being directed toward AI funds. AI has become the golden goose for VC firms after the turbulen
Proponents of a digital euro are facing political opposition to their plans for a central bank digital currency (CBDC) – and technocratic central bankers aren’t sure how to respond.In the European Union (EU), officials have advanced multiple arguments in favor of issu
Crypto isn't dead for everyone. GOBankingRates surveyed 1,091 Americans aged 18 and older from across the country in August and found that most millennials and Gen Xers aren't ready to turn away from...
PayPal's launch of its stablecoin showcases the company’s focus on becoming a crypto payment giant and aims to make PYUSD a key part of its payment infrastructure.