CoinDesk Crypto

The digital asset industry is at a major crossroads. Regulators around the globe are moving to enact rules for the 15-year-old industry. The EU Parliament in April approved a slate of regulations called Markets in Crypto Assets (MiCA), the most comprehensive multi-jurisdictional

Robert F. Kennedy Jr. gave a keynote address at the Bitcoin 2023 conference in Miami, where he declared fierce support for Bitcoin.

With the U.S. mired in political stasis while other regions build crypto frameworks, it’s worth looking at the evolution of, and outlook for, on-the-ground demand for crypto assets. This is getting more and more relevant as many large countries struggle with skyrocketing in

Happy Bitcoin Pizza Day.On May 22, 2010 Laszlo Hanyecz paid Jeremy Sturdivant 10,000 bitcoins (BTC) for two Papa John’s pizzas which were delivered to Hanyecz’s home. This exchange is widely celebrated because it is viewed as the first use of bitcoin in a commercial t

The anti-money-laundering bill sponsored by Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-KS) purports to close loopholes in the risk of cryptocurrencies being used for illicit activity that even the Biden administration agrees is small. But the ill-conceived bill is

As traffic issues caused one major exchange to briefly pause bitcoin withdrawals, controversy is being drawn toward a new development on the Bitcoin blockchain: Ordinals and the concept of a Bitcoin NFT.

The U.K. will need to introduce new laws or amend existing finance and data rules to accommodate a digital pound, two lawyers told CoinDesk.The Bank of England and the U.K. Treasury are seeking public feedback on their plans for the design of a digital pound – something off

Ledger, the Paris-based hardware wallet maker, has had a terrible week. And in large part, it seems they have themselves to blame.Things started out badly enough. Ledger’s May 16 introduction of the “Ledger Recover” seed phrase recovery service was greeted with

A tweet this week from Chris Frantz, the founder of email platform Loops, irked me.Frantz said “90% of the people I know in web3 have pivoted their company to AI.”

There are rumors circulating that Ripple Labs Inc., the U.S.-based technology company that builds XRP infrastructure, may soon settle with the U.S. Securities and Exchange Commission (SEC). There is hardly an example of how many unsettled legal questions surround crypto as this c

There are rumors circulating that Ripple Labs Inc., the U.S.-based technology company that builds XRP infrastructure, may soon settle with the U.S. Securities and Exchange Commission (SEC). There is hardly an example of how many unsettled legal questions surround crypto as this c

Like any good Bitcoin maximalist, Tether is holding its own coins. The issuer of the largest stablecoin, USDT, disclosed that information in a recent blog post announcing it will be “regularly” buying bitcoin with its surplus profits to build up a war chest. This foll

On Capitol Hill, Senator Elizabeth Warren (D-MA) and Senator Roger Marshall (R-KS), are pushing legislation that purports to close loopholes bad actors may exploit to launder money through crypto assets. But what the legislation – the so-called Digital Asset Anti-Money Laun

In February, the SEC proposed dramatic changes to a bedrock law governing the custody of assets. The original rule, Custody Rule 206(4)-2, was adopted by the SEC in 1962 which mainly focused on physical custody of client assets – stock and bond certificates – saying t

The non-fungible token (NFT) market is evolving, and measuring its success depends on which metrics you're looking at.According to a new report released by DappRadar on Thursday, NFT trading volume for the month of May has reached $333 million so far, putting it on track to fall

The House of Commons Treasury Committee’s opposition to the government’s plans to regulate crypto like a financial service has generated an instant backlash from the industry – and lawmakers’ views, though non-binding, may represent an extra bump in the ro

There is a quietly emerging consensus among key stakeholders regarding one area of crypto regulatory policy – payment stablecoins. On Thursday, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion, will hold anoth

U.S. lawmakers are currently locked in a passionate, high-stakes and entirely ridiculous battle over a strange quirk of U.S. law known as the “debt ceiling.” Since 1917, the U.S. budget appropriations process has separated the actual budget – which members of Co

The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions.But the Florida governor’s rhe

PARIS, France – Crypto companies fleeing U.S. regulatory uncertainty have been offered a welcome in France, by officials boasting a regulatory framework that offers relative predictability.The European Union member already boasts around 74 registered crypto companies &ndash