Crypto


Policy

With New Prime Minister, UK Still Wants to Be Crypto Hub: Treasury Official

Economic Secretary Richard Fuller took part in a parliamentary debate on digital assets two days after Liz Truss was officially named the country's prime minister.

The U.K. still wants to carry on with its crypto plans under a new prime minister. (Paul Mansfield/Getty Images)

Finance

Brazil Exceeds 1M Registered Crypto Users in July for First Time as Number Grows 68% in a Month

The figure excludes international exchanges, which aren’t obliged to disclose the information to the local tax authority.

Bandera de Brasil. (Mateus Campos Felipe/Unsplash)

Layer 2

Why Crypto Isn't a Tool for Protest in Argentina

The idea that growing stablecoin use can offer a solution to Argentina's persistent economic and political problems doesn't accord with reality, says Leah Callon-Butler after a recent visit.

Protesters in Buenos Aires, Argentina (Leah Callon-Butler/CoinDesk)

Finance

Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.

Signature Bank CEO Joseph DePaolo (Signature Bank)

Policy

UK’s Truss Picks Kwasi Kwarteng to Be Finance Minister

Since 2021, Kwarteng has overseen the government’s business, energy and industrial strategy department, which has supported blockchain innovation.

Kwasi Kwarteng (Pippa Fowles/Wikimedia)

Finance

Crypto Investment Slowdown Will Continue Rest of 2022, KPMG Predicts

Investors will move away from NFTs and coins and toward blockchain infrastructure projects, the global audit and consulting firm said.

A new KPMG report predicts the crypto investment slowdown will continue through the rest of the year (Shutterstock)