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August 15, 2023

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto.

News
August 15, 2023

Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products

Crypto exchange Binance has decided to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement.

News
August 15, 2023

The 3 Things Coinbase Says Will Determine the Future of Crypto

Coinbase CEO Brian Armstrong (CoinDesk archives)

News
August 15, 2023

FDIC Crypto Warning Underlines U.S. Banking Agencies’ Arm’s-Length Policy

The U.S. Federal Deposit Insurance Corp. added crypto as one of five broad categories this year in its annual risk report, a snapshot of the dangers the banking regulator considers a top priority at the moment.

News
August 15, 2023

G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency

G20 nations are set to crystalize crypto policies, the closest we may have come to globally coordinated rules for the industry. India has been at the helm of the efforts as the current president of the G20 and is likely to celebrate the progress during the Leaders’ Summit in September.

News
August 15, 2023

Dinari Raises $7.5M for Decentralized Stock Trading Platform

Backers for the dShares platform, which will be available ex-US, included a Susquehanna subsidiary.

News
August 14, 2023

HBAR Rallies on FedNow Addition of Hedera-Based Dropp

The token has now rallied nearly 50% over the past two months.

News
August 14, 2023

Neal Stephenson’s Metaverse Vision Is One Step Closer as Lamina1 Blockchain Launches Betanet

The metaverse-focused layer 1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators.

News
August 14, 2023

Crypto’s Theater Is Becoming More Surreal

Decentralization theater, governance theater, community theater. Web3 promised a revolution, but, mostly, the innovation is all for show, says Cami Russo, the founder of The Defiant.

News
August 14, 2023

First Mover Americas: Hedera’s Token Gains on Fed Move

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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August 2023
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