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June 16, 2023

U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains

Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement.

News
June 16, 2023

What Winter? Institutions’ Crypto View Rosier Than You Think

Nomura’s global survey shows that commitment to digital assets remains strong outside the U.S., offering a way forward for the sector, says Michael Casey.

News
June 16, 2023

Politics Is Interested in Crypto, Even if Crypto Isn’t Interested in Politics

If U.S. policymakers want to help direct crypto, benefitting consumers an innovation, they will need to learn to compromise, says John Rizzo.

News
June 16, 2023

SEC Enforcement Director: ‘We’re Not Concerned With the Labels’ in Crypto Cases

Rutgers Law Vice Dean Yuliya Guseva (left) and SEC Enforcement Director Gurbir Grewal (Nikhilesh De/CoinDesk)

News
June 16, 2023

BlackRock May Have Found Way to Get SEC Approval for Spot Bitcoin ETF

Blackrock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts by other fund managers thanks to the promise of a “surveillance-sharing agreement” between exchanges.

News
June 16, 2023

Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents

Tether’s banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request.

News
June 16, 2023

Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says

The European Union’s intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods.

News
June 16, 2023

Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown

crypto traders flock to OTC

News
June 16, 2023

First Mover Americas: BlackRock Files for a Spot Bitcoin ETF

The latest price moves in bitcoin (BTC) and crypto markets in context for June 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
June 16, 2023

Binance Under Investigation in France for ‘Aggravated’ Money Laundering

Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks.

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