The U.S. Risks Its Position as a Stablecoin Leader
USD stablecoin transactions are rising fast, but most of the growth is happening outside of the United States, says Jason Somensatto, Head of North America Policy at Chainalysis.
PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.
Coinbase Poised to Make Final Pitch in Bid to Kill SEC Accusations Quickly
Coinbase Global Inc. (COIN) is set to make its final case on Tuesday that a judge should spring it from the clutches of the U.S. Securities and Exchange Commission (SEC) in its unregistered-securities dispute.
Michael Saylor’s $4.7B Bitcoin Bet Back in the Green
Michael Saylor’s software company has invested billions of dollars into the world’s largest token by market capitalization. And the bet is slowly paying off.
Solana’s Largest Defi Protocol Marinade Starts Blocking UK Users
Solana’s largest decentralized finance (DeFi) protocol, Marinade Finance, has blocked users in the United Kingdom from accessing the site due to “compliance concerns” over Financial Conduct Authority (FCA) regulations.
First Mover Americas: Bitcoin Gains as Trading Volume Surges
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
How Economic Policy and Geopolitical Uncertainty Could Affect Crypto Markets
Absent regulatory approval of spot Bitcoin ETFs, the leading cryptocurrency is likely to remain a speculative asset rather than a true safe-haven asset.
Ripple Is on a Winning Streak (but the Game Isn’t Yet Won)
Ripple CEO Brad Garlinghouse said the SEC’s personal lawsuit against him and another Ripple executive was politically motivated, in a social media post. (Scott Moore/Shutterstock/CoinDesk)
FBI Charges 6 for Allegedly Running $30M Money Transmitting Business Using Crypto
The FBI has charged six people for allegedly operating an illegal $30 million money-transmitting business using cryptocurrencies.
Coinbase’s Grewal Is ‘Quite Hopeful’ That Bitcoin Spot ETFs Will be Approved
Grewal said in a CNBC interview that he is “confident” that after SEC will fulfill its responsibilities in making a decision about the approval of the ETF applications.