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The Financial Action Task Force (FATF)’s long-awaited update to its guidance on virtual assets lays out a comprehensive set of guidelines to regulate the quickly evolving cryptocurrency space. With this update released, digital assets firms in the coming years are likely to

Regardless of those opposed to the idea, DeFi technology is booming, reaching a market cap of $133.34 Billion in 2021, and a system that opens up access to finance for millions of people around the world is certainly not 'baloney.'

Some people were annoyed when they heard Ethereum Name Service, more commonly known as ENS, would be issuing a token. It was the “one, legitimate tokenless project,” and it was bending the knee to the market. Tokens are speculative by nature, prone to severe price flu

Something is broken in blockchain development. We hear about hacks in crypto all the time, the industry is filled with hastily developed products, and project delays are often expected.

The U.S. House of Representatives voted to pass the infrastructure bill that contained a provision that shook the crypto world. Financial regulators called on Congress to regulate stablecoins. In other words, crypto had a big week in Washington, D.C.You’re reading State of

Ever since the word “bitcoin” wormed its way into the mainstream, people have been obsessed with putting things “on the blockchain.” There’s an army of crypto influencers and snake oil peddlers out there dedicated to promoting this stuff: real estate

After surging nearly 12,000% in the past year, Solana and Polygon – dubbed ‘Ethereum killers’ as they are faster and cheaper than the world’s second-largest cryptocurrency – have stolen headlines this year.

After surging nearly 12,000% in the past year, Solana and Polygon – dubbed ‘Ethereum killers’ as they are faster and cheaper than the world’s second-largest cryptocurrency – have stolen headlines this year.

As we kick the trading week off, investors will be focusing on which companies benefit from the U.S. infrastructure spending bill. Late Friday the House passed the more than $1 trillion bill, which is expected to be signed by President Biden within days.

To hear them tell it, stablecoin issuers’ prayers have been answered.Two of the top 10 issuers hailed this week’s report from the President’s Working Group (PWG) on Financial Markets, which recommended stricter oversight of this mushrooming part of the cryptocur

Today is the fifth day of the civil trial between Craig Wright, chief scientist of crypto research firm nChain, and the estate of Dave Kleiman, Wright’s collaborator and business partner in the early days of Bitcoin. For newcomers to crypto, the name Craig Wright might not

It’s hard to find words to describe the crypto phenomenon that New York is witnessing right now.This week’s NFT.NYC conference, which was first held in February 2019 as a quirky curiosity before an audience of a few hundred early enthusiasts, was spread across six ven

This synergistic energy, brand new to the cryptoverse, has given rise to new ideas, burgeoning partnerships, and perhaps most notably, new buzzwords. So what word will join the list next? Lending. Here's why.

While the lack of financial inclusivity is stark across many continents, fintech is evolving to give communities more opportunities to manage their finance and potentially to fight poverty through better wealth management services.

Now that the former global Bitcoin mining epicenter, China, has cracked down on the cryptocurrency industry, U.S.-based firms have taken the limelight in this lucrative industry, seeing it rise to new heights of profitability.

When I first became aware of cryptocurrencies a little more than a decade ago, no one I knew was investing in them.That changed quickly as people around me began to buy, hold and trade crypto, using trading and custody tools that quickly became more sophisticated and kept changin

The mainstream media has caught on to the latest huge crypto trend, which isn’t a new non-fungible token (NFT) line or a fresh dog token, but small desk tchotchkes made of one of the densest elements humans can safely touch – tungsten. Spearheaded by Neeraj Agrawal at

BitMEX, the Bahamas-based derivatives exchange, is looking to mitigate its environmental footprint by purchasing $100,000 worth of carbon credits. Those credits represent 7,110 metric tons of carbon dioxide emissions, the amount BitMEX figures it’s on the line for through i

A recent rally to all-time highs has sparked yet another wave of interest in Bitcoin (BTC). Logically, much of the renewed emphasis is on Bitcoin as an investment. But BTC is also at its core a digital currency, and with every day that goes by, a growing number of businesses are

The President’s Working Group on Financial Markets wants prudential bank regulators to oversee stablecoin issuers.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editi