crypto regulation

The world’s second-largest Ethereum mining pool, SparkPool, which initially stopped providing services to new Chinese users, has now expanded its suspension to all users by Sept. 30 following China's tightened crackdown on cryptocurrencies. "The Hash" panel discusses the outlook for mining operations in China and the wider repercussions of the country's most comprehensive crypto ban to date.

Sep 27, 2021

As China moves to crack down on crypto, particularly trading with centralized exchanges, DeFi is seeing a rise. David Pakman, a managing partner at crypto VC firm CoinFund and former partner at Venrock, discusses what long-term investment opportunities he’s seeing in DeFi and NFTs, also sharing his views on crypto regulation.

Sep 27, 2021

Reacting to China's latest cryptocurrency crackdown outlawing crypto-related transactions as the country's most comprehensive and severe ban yet, Ballet CEO and former BTCC co-founder Bobby Lee discusses why bitcoin will always be around and thrive. "As a planet, cryptocurrency will never get squashed," he said. Lee also shared his take on the future of OTC trading in China as prominent crypto exchange Huobi Global announced it would stop serving existing China-based users by December 31. Plus, bitcoin's price prediction by the end of the year.

Sep 27, 2021

Koinbanx CEO Leo Elduayen and Mercado Bitcoin Director Fabrício Tota join “Community Crypto” to discuss El Salvador’s bitcoin law and blockchain projects and their impact on adoption elsewhere, particularly in Latin America. “What El Salvador is doing is an example for the rest of the countries,” Elduayen said.

Sep 24, 2021

The People’s Bank of China announced Friday virtual currency-related business activities are illegal, warning they seriously endanger the safety of its citizens’ assets. Bitcoin slipped below $42,000 after the news and is down about 3% over the past 24 hours.

Sep 24, 2021

China's central bank outlawed all crypto trading activities effective Friday as U.S. federal regulations are also increasingly coming into focus. What are the similarities and differences between the U.S. and China's crypto crackdowns? "[U.S. regulators] are trying to implement an actual regulatory regime ... that's a far sight from declaring transactions illegal entirely, and it does not look like the U.S. is heading down that path," CoinDesk's Nikhilesh De said. Plus, Kentucky ordered crypto lender Celsius to stop offering accounts in the U.S. state.

Sep 24, 2021

Crypto financial services firm Amber Group is weighing a direct listing with the U.S as the “likely destination.” The company attained unicorn status in June following a $100 million funding round that gave it a valuation of $1 billion.

Sep 23, 2021

Coinbase is said to be working on a pitch about how federal regulators could oversee the crypto industry. The news comes after the crypto exchange announced it was ceasing plans to offer a crypto lending product, which the SEC said would violate securities laws. "The Hash" team discusses Coinbase's latest attempt to create frameworks and tools to standardize how exchanges approach crypto listings and products.

Sep 22, 2021

In a conversation with the Washington Post Tuesday, SEC Chairman Gary Gensler said stablecoins are the “poker chips” in the “Wild West” that is the crypto landscape. He said he also doesn’t see much long-term viability for cryptocurrencies, among other remarks about crypto trading and lending platforms, securities, and regulation.

Sep 22, 2021

In an interview with the Washington Post Tuesday, SEC Chair Gary Gensler said many cryptocurrencies won't last long, among a range of other comments. CoinDesk's Nikhilesh De discusses his reactions and analysis to Gensler's remarks. Plus, insights into the U.S. government's ongoing fight against ransomware following its sanctions against Russia-based cryptocurrency exchange Suex.io on allegations its transactions are associated with malicious actors, including ransomware proceeds.

Sep 22, 2021