The opening shot is being been fired in the new Congress’ crypto push with a plan for a Tuesday introduction of a stablecoin oversight bill from Senator Bill Hagerty. The legislation would set up a U.S. regulatory framework for issuing the dollar-denominated tokens, according to a person familiar with the effort. The Tennessee Republican, who […]
Ethereum is facing an identity crisis. Its native token, ether (ETH), is underperforming against competitors, and longtime builders are beginning to question whether the chain’s technology is falling behind—and if its community is Read More
Almost half of the state governments in the U.S. are either on a path toward putting some of their money into crypto or already have, and much of a suddenly booming interest in tying Read More
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3366.83, down 0.8% (-28.06) since 4 p.m. ET on Monday. STORY CONTINUES BELOW Read More
The outlook for alternative cryptocurrencies appears grim relative to bitcoin as a renewed trade war potentially breaking out between the U.S. and its major trading partners may threaten to destabilize the global economy. Still, Read More
Hong Kong’s Securities and Futures Commission (SFC) is looking to increase its headcount, with more than half the added roles dedicated to regulating crypto, according to a two-year budget plan presented to the Legislative Read More
The Chicago Mercantile Exchange Group (CME) has revealed that in the first month of the year, its crypto contracts saw an average daily volume (ADV) of 198,000 with a notional value of $13.6 billion. The CME detailed Read More
Howard Lutnick, the chairman of Cantor Fitzgerald and President Donald Trump’s pick for U.S. Commerce Secretary, was recently playing defense during another nomination hearing in front of Senate Democrats about the financial services Read More
Crypto exchange Kraken secured a Markets in Financial Instruments Directive (MiFID) license in the European Union. Kraken was able to obtain the license that will enable it to offer crypto derivatives products in the block Read More
Galaxy Digital (GLXY), the cryptocurrency trading company helmed by Mike Novogratz, is bringing its blockchain staking capabilities to regulated custody specialist BitGo Trust, despite the legal spat between the two firms. It makes sense to Read More
