Regulaion


Opinion

Are Centralized Exchanges in the U.S. Doomed?

With the SEC’s Binance and Coinbase lawsuits, the agency is signaling it really is now or never to “come into compliance.”

SEC Chair Gary Gensler (CoinDesk screen grab from video)

Opinion

Gli scambi centralizzati negli Stati Uniti sono condannati?

Con le cause legali della SEC su Binance e Coinbase, l'agenzia sta segnalando che è davvero il momento o mai più di "entrare in conformità".

SEC Chair Gary Gensler (CoinDesk screen grab from video)

Layer 2

Designer Drug Markets Get Boost From Crypto

Novel psychoactive chemicals with names like 2C-B, AMT and 5-MeO-DMT are freely available at online marketplaces and digital currencies help facilitate the global trade.

(Rachel Sun/CoinDesk)

Markets

Market Wrap: Bitcoin Rallies Ahead of Senate Compromise

Bitcoin and ether remain well bid as U.S. senators reach a compromise on the crypto provision of the infrastructure bill.

Bitcoin 24-hour price chart, CoinDesk 20

Policy

Bank of Russia Tells Stock Exchanges to Avoid Crypto-Related Funds

The central bank doesn't want crypto ETFs on the country's capital markets.

Bank of Russia in Moscow.

Markets

House Democrats Form Cryptocurrency Working Group

The announcement came in a hearing about central bank digital currencies.

Rep. Maxine Waters, (D-Calif.) is creating a working group to evaluate cryptocurrencies.

Markets

BlockFi Retail Account Balance Increased Fivefold in Past Year, CEO Says

Zac Prince said the average balance of a retail client has climbed from $10,000 to $50,000 in the last year.

BlockFi CEO Zac Prince.

Finance

SEC’s Peirce Warns Against Stifling Crypto Innovation

“You can have pretty effective self-regulation,” Peirce said in an interview with the Financial Times.

CoinDesk placeholder image

Markets

Some Xinjiang Bitcoin Miners Instructed to Shut Down: Report

The local government of Changji in Xinjiang has instructed miners at the Zhundong Economic Technological Development Park to shut down mining activities.

Mining facility

Markets

DeFi Derivatives May Be Illegal: CFTC Commissioner

Federal law "does not contain any exception" for decentralized finance markets, Dan Berkovitz said.

CFTC Commissioner Dan Berkovitz

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