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CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De explains what a new proposal published by the U.S. Consumer Financial Protection Bureau (CFPB) could mean for large nonbank payment providers, like PayPal or Jack Dorsey's Block. Plus, whether the proposed rule could impact bitcoin and other types of cryptocurrencies.

8 nov. 2023

As part of CoinDesk's Trading Week 2023, presented by CME Group, ProShares Global Investment Strategist Simeon Hyman weighs in on bitcoin's recent rally despite the "challenging news flow" and headwinds in the industry. "The rally that we've seen in cryptocurrency...is certainly a vote towards resilience," Hyman said.

6 nov. 2023

Ford O'Brien Landy LLP partner Kevin J. O’Brien predicts that Sam Bankman-Fried could face a prison sentence of "something in the neighborhood of 15 years, or maybe even 20 years." "He's a relatively young man, his whole life is in front of him," O’Brien said. "I don't think the judge is going to want to destroy his chances of having a full and productive adult life."

3 nov. 2023

Ford O'Brien Landy LLP partner Kevin J. O’Brien weighs in on the possibility for Sam Bankman-Fried's defense team to be granted an appeal after the FTX founder was found guilty in a New York City courtroom on Thursday night. "Mr. Cohen is a very able lawyer...but on the face of it, there doesn't seem to be much for them to work with here," O’Brien said. The "trial was very well-tried by the government."

3 nov. 2023

Sam Bankman-Fried was grilled on the stand Monday, as the prosecution drilled the FTX founder with questions on public statements he previously made or posted on X (formerly known as Twitter) before the collapse of the exchange. Katten partner and co-chair for the firm's financial markets and regulation practice group Dan Davis weighs in. "You almost guarantee these types of statements will come in if you testify," Davis said.

31 oct. 2023

BitVM, as it is known, was laid out in an Oct. 9 whitepaper by Robin Linus, a core contributor to ZeroSync, which is building tools for developers to use zero-knowledge proofs on Bitcoin. "Bitcoin's script is intentionally limited to reduce the attack surface," Linus said. BitVM applies "a compilation of a couple tricks that allow you to overcome the limitations of Bitcoin's script."

23 oct. 2023

MV Capital CIO and partner Tom Dunleavy weighs in on the advantage of U.S.-based spot bitcoin exchange-traded fund (ETF) in comparison to existing ETFs in other countries. "The risk appetite of the U.S. investor is traditionally much higher than other countries," Dunleavy said. "People want exposure to this."

19 oct. 2023

Former CFTC Commissioner Dawn Stump discusses the urgency for regulatory clarity in the crypto space and the responsibility of Congress when it comes to appointing a supervisor for the industry. "I do very much believe that Congress is going to have to authorize...one of the regulatory agencies to oversee and regulate the day-to-day spot market in the crypto community," Stump said. "The regulators themselves owe the marketplace some greater clarity."

19 oct. 2023

For CoinDesk's State of Crypto Week, presented by Chainalysis, Daniel Davis, former CFTC general counsel and a current partner at Katten Muchin Rosenman LLP, discusses why the U.S. Securities and Exchange Commission (SEC) is not willing to "publicly assert that ether is a security right now." Davis also noted the agency did not list ether as a security "when they brought enforcement actions against platforms like Coinbase and Binance."

16 oct. 2023

117 Partners CEO and founder Thomas Braziel compares the market activity for FTX's bankruptcy claims versus other bankrupt crypto exchanges, like Celsius and Voyager. "Every distressed firm and their brother wants to be involved in FTX versus the other dockets," Braziel said.

6 oct. 2023