EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto
The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers.
Stablecoin Project Gyroscope to Conduct Points Program, Launch High-Yield Liquidity Pools
Gyroscope seeks to boost its GYD stablecoin with new products servicing airdrop farmers and yield seekers.
First Mover Americas: Bitcoin Slumps, Liquidations Surge
The latest price moves in crypto markets in context for March 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Citi and Brazilian Development Bank Join Hyperledger Foundation
The Foundation has also launched a collaborative working group for traditional financial institutions to work atop of the company’s Besu Ethereum client.
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SEC Committed ‘Gross Abuse of Power’ in Suit Against Crypto Company, Federal Judge Rules
A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a “gross abuse of power” in its efforts to secure a temporary restraining order.
Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%
Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).
Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO
The current CEO Michael will step down “to pursue other opportunities.”
Is Toxic Bitcoin Maximalism Getting Less Toxic?
As BTC gets Wall Street approval and developers build new applications on the network, Bitcoiners are ditching some of their previous siege mentality.
Tether’s USDT Gets Delisted on Crypto Exchange OKX for EU Users
The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions.