Can Stablecoins Get Past Their Instability?
(Sammie Chaffin/Unsplash, modified by CoinDesk)
Binary trading platforms with better performance and payouts
opinion
(Sammie Chaffin/Unsplash, modified by CoinDesk)
The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while only a relative few seemed to support it.
Not only are institutions here, but they’re starting to eat the crypto-natives’ lunches. This is a catalyst for further development and innovation in the digital assets space, say Mark Arasaratnam and Ilan Solot at Marex.
At the end of October, the BIS published an updated document on mBridge showing that, in addition to the five principal participants, 25 other official entities have signed on as observers. These include the IMF, the World Bank and the central banks of 23 countries, including Saudi Arabia, Turkey, South Africa, Namibia, Malaysia, France, Italy, Norway, Chile, Australia… every continent […]
FTX was old-fashioned criminal fraud. SBF never believed in decentralization. And now the industry can move on.
The likely imminent approval of spot exchange-traded funds for bitcoin could be a game-changing moment for the digital assets industry. Brian Rudick and Matt Kunke, at GSR, explain why.
SEC Commissioner Hester Peirce (Danny Nelson/CoinDesk)
Prosecutors outside the courthouse where Sam Bankman-Fried was convicted on Nov. 2, 2023. (Nik De/CoinDesk)
(MIT Bitcoin Club, Mercatus Center, Cointelegraph/Wikimedia Commons, modified by CoinDesk)