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Policy

Binance Again Seeks to Nix ‘Incendiary’ CFTC Suit

U.S. law “does not control the world,” said a court filing by the world’s biggest crypto exchange as the regulatory heat intensifies.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Policy

Binance cherche à nouveau à mettre un terme à la poursuite « incendiaire » de la CFTC

La loi américaine « ne contrôle pas le monde », a déclaré un dossier judiciaire déposé par la plus grande bourse de Crypto au monde alors que la pression réglementaire s'intensifie.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Policy

Binance busca nuevamente rechazar la demanda CFTC "incendiaria"

La ley estadounidense "no controla el mundo", dijo un documento judicial presentado por el mayor intercambio de Cripto del mundo a medida que se intensifica la tensión regulatoria.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Policy

Former ConsenSys AG Employees Take Equity Court Case Against Founder Joseph Lubin to U.S.

The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity.

ConsenSys CEO Joseph Lubin (CoinDesk archives)

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Finance

U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia

Standard Chartered chose Dubai as its base for launching crypto services. Reading between the lines, the message coming from banks and large institutions is that almost anywhere is preferable to the U.S.

Standard Chartered, majority owner of Zodia Custody. (Shutterstock)

Markets

Crypto Day Ahead: U.S. Retail Sales Data to Test Dollar Buoyancy

Soft data would challenge the "U.S. exceptionalism" story and may hurt the dollar, paving the way for a positive bitcoin price action.

Real world assets are increasingly being seen as a growth area in crypto and TradFi. (Claudio Schwarz/.Unsplash, modified by CoinDesk)

Markets

U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed

Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.

(Neal Kharawala/Unsplash)

Markets

Bitcoin Traders Should Watch Wider Inflation Metrics, Not Just CPI

Wider metrics suggest a flare-up in inflation in months ahead, which may trigger a sharp repricing of interest rate expectations, bringing downside volatility to risky assets, including bitcoin.

The April inflation report was released Wednesday morning (JLGutierrez/Getty Images)

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Policy

Bitcoin Won’t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says

The Republican candidate’s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar.

Vivek Ramaswamy co-founded Strive Asset Management (Frederick Munawa)

Policy

White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry

A bipartisan agreement on stablecoin legislation was in reach, according to the chair of the House Financial Services Committee, but the ranking Democrat said McHenry halted talks.

The U.S. Capitol (buschap/Flickr)