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1
Crypto exchange Deribit reports total trading volume, including options, futures, and more, rose 95% YoY to $1.19T in 2024; options volume rose 99% YoY to $743B (Omkar Godbole/CoinDesk)

2025-01-22 06:15:01                coindesk.com

Omkar Godbole / CoinDesk: Crypto exchange Deribit reports total trading volume, including options, futures, and more, rose 95% YoY to $1.19T in 2024; options volume rose 99% YoY to $743B  —  Need evidence of the crypto market's maturation?  Look no further than Deribit, the crypto exchange that registered record trading volumes in 2024.

2
Coinbase and Binance plan to list the TRUMP token, with Binance opening trading on Jan. 19; CoinGecko: $TRUMP is trading on Bitget, Kraken, and other exchanges (Sam Reynolds/CoinDesk)

2025-01-19 01:45:01                coindesk.com

Sam Reynolds / CoinDesk: Coinbase and Binance plan to list the TRUMP token, with Binance opening trading on Jan. 19; CoinGecko: $TRUMP is trading on Bitget, Kraken, and other exchanges  —  The ‘official’ memecoin of the second Donald Trump administration will be listed on major cryptocurrency exchanges including Coinbase …

3
Tass: the Russian government bans crypto mining in 10 regions from January 1 to March 15, 2031, citing power consumption, after legalizing mining in July 2024 (Sheldon Reback/CoinDesk)

2024-12-24 05:55:03                coindesk.com

Sheldon Reback / CoinDesk: Tass: the Russian government bans crypto mining in 10 regions from January 1 to March 15, 2031, citing power consumption, after legalizing mining in July 2024  —  Temporary bans may be imposed in other regions during peak energy demand, Tass reported  —  What to know:

4
Electric Capital annual survey: total developers working in crypto fell 7% YoY globally, and Solana was the most popular blockchain among new developers (Margaux Nijkerk/CoinDesk)

2024-12-16 00:05:04                coindesk.com

Margaux Nijkerk / CoinDesk: Electric Capital annual survey: total developers working in crypto fell 7% YoY globally, and Solana was the most popular blockchain among new developers  —  Ethereum remained the blockchain with the most devs, and the overall population of software builders in crypto was flat, the VC firm said in its annual survey.

5
Popular NFT project Pudgy Penguins plans to launch a Solana-based token called PENGU within this year, with 23.5% of the 88B tokens reserved for its NFT holders (Shaurya Malwa/CoinDesk)

2024-12-05 22:55:01                coindesk.com

Shaurya Malwa / CoinDesk: Popular NFT project Pudgy Penguins plans to launch a Solana-based token called PENGU within this year, with 23.5% of the 88B tokens reserved for its NFT holders  —  Pudgy Penguins is among the most popular NFT collections, and its comic penguins have a big presence on X, YouTube and Instagram.

6
FTX sues crypto trader "Humpy the Whale" alleging margin trading market manipulation from January 2021 to September 2022, leading to FTX and Alameda losing $1B (Callan Quinn/CoinDesk)

2024-11-11 06:45:03                coindesk.com

Callan Quinn / CoinDesk: FTX sues crypto trader “Humpy the Whale” alleging margin trading market manipulation from January 2021 to September 2022, leading to FTX and Alameda losing $1B  —  The suit also links him to organized crime in Eastern Europe and terrorist groups.

7
Ethereum Foundation financial report: $970.2M in treasury as of Oct. 31, down from $1.6B in March 2022; ~80% of holdings in ETH, which declined 20%+ since 2022 (Margaux Nijkerk/CoinDesk)

2024-11-09 02:25:01                coindesk.com

Margaux Nijkerk / CoinDesk: Ethereum Foundation financial report: $970.2M in treasury as of Oct. 31, down from $1.6B in March 2022; ~80% of holdings in ETH, which declined 20%+ since 2022  —  The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.

8
Block says it is investing less in music streaming app Tidal and winding down decentralized "Web5" venture TBD to focus on its bitcoin mining rigs and wallet (Aoyon Ashraf/CoinDesk)

2024-11-07 19:55:00                coindesk.com

Aoyon Ashraf / CoinDesk: Block says it is investing less in music streaming app Tidal and winding down decentralized “Web5” venture TBD to focus on its bitcoin mining rigs and wallet  —  The firm is redoubling efforts to supply miners as that industry struggles with profits — and Donald Trump promises help.

9
Donald Trump winning the US election vindicates Polymarket, Kalshi, PredictIt, and other prediction betting markets, which heavily favored Trump for months (Marc Hochstein/CoinDesk)

2024-11-06 05:00:52                coindesk.com

Marc Hochstein / CoinDesk: Donald Trump winning the US election vindicates Polymarket, Kalshi, PredictIt, and other prediction betting markets, which heavily favored Trump for months  —  Tuesday night's election returns were a shocker if you only watched CNN.  But not if you'd looked at the betting all along.

10
Crypto firm Immutable says it received a Wells notice from the SEC related to the sale of its IMX tokens in 2021, accuses the SEC of "regulation by enforcement" (Callan Quinn/CoinDesk)

2024-11-01 06:00:59                coindesk.com

Callan Quinn / CoinDesk: Crypto firm Immutable says it received a Wells notice from the SEC related to the sale of its IMX tokens in 2021, accuses the SEC of “regulation by enforcement”  —  The firm's IMX token is down over 13% at $1.16 following the announcement.  — Immutable said that it received …

11
The UK FCA says a man pleaded guilty to illegally operating a crypto ATM network, which processed £2.6M across various locations, as it cracks down on such ATMs (Camomile Shumba/CoinDesk)

2024-09-30 09:35:01                coindesk.com

Camomile Shumba / CoinDesk: The UK FCA says a man pleaded guilty to illegally operating a crypto ATM network, which processed £2.6M across various locations, as it cracks down on such ATMs  —  This marks the first U.K. conviction for running a crypto ATM operation.  — Olumide Osunkoya pleaded guilty to illegally operating a crypto ATM network.

12
Mango DAO, Mango Labs, and Blockworks Foundation agree to destroy MNGO tokens and ask crypto exchanges to stop trading them as part of an SEC settlement (Nikhilesh De/CoinDesk)

2024-09-27 15:45:01                coindesk.com

Nikhilesh De / CoinDesk: Mango DAO, Mango Labs, and Blockworks Foundation agree to destroy MNGO tokens and ask crypto exchanges to stop trading them as part of an SEC settlement  —  Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.

13
Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral (Shaurya Malwa/CoinDesk)

2024-09-12 08:55:00                coindesk.com

Shaurya Malwa / CoinDesk: Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral  —  The token will initially be offered on Ethereum and Coinbase's Base networks, with plans to expand to more blockchains in the coming months.

14
Telegram radically alters its stance toward "illegal" use of its platform by letting users in private chats "flag illegal content" for review by its moderators (Danny Nelson/CoinDesk)

2024-09-05 21:50:01                coindesk.com

Danny Nelson / CoinDesk: Telegram radically alters its stance toward “illegal” use of its platform by letting users in private chats “flag illegal content” for review by its moderators  —  The decision comes after the CEO's arrest in France for allegedly failing to police illegal content.

15
Filing: the SEC seeks changes in the FTX's bankruptcy plan and says it reserves its rights to challenge distribution transactions involving crypto assets (Amitoj Singh/CoinDesk)

2024-09-02 05:50:17                coindesk.com

Amitoj Singh / CoinDesk: Filing: the SEC seeks changes in the FTX's bankruptcy plan and says it reserves its rights to challenge distribution transactions involving crypto assets  —  The SEC said that it may challenge any transactions of distributions involving crypto assets to creditors.  — The SEC has sought a change in the FTX's bankruptcy plan.

16
As Russia plans a trial of cross-border payments using crypto, some senior Russian leaders suggest it can help counter sanctions; experts doubt it will work (CoinDesk)

2024-08-30 06:25:01                coindesk.com

CoinDesk: As Russia plans a trial of cross-border payments using crypto, some senior Russian leaders suggest it can help counter sanctions; experts doubt it will work  —  Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.

17
India's central bank says its CBDC pilot has 5M+ users and as many as 16 banks participating, but the bank is not rushing a full-scale roll out (Amitoj Singh/CoinDesk)

2024-08-26 20:40:02                coindesk.com

Amitoj Singh / CoinDesk: India's central bank says its CBDC pilot has 5M+ users and as many as 16 banks participating, but the bank is not rushing a full-scale roll out  —  Governor Shaktikanta Das said there should not be in any rush to roll out a system-wide CBDC.  —  Unmute  — India's retail CBDC pilot …

18
WazirX plans to start allowing limited Indian rupee withdrawals in two phases from August 26, after freezing them in the wake of a $230M exploit in July (Camomile Shumba/CoinDesk)

2024-08-24 00:40:02                coindesk.com

Camomile Shumba / CoinDesk: WazirX plans to start allowing limited Indian rupee withdrawals in two phases from August 26, after freezing them in the wake of a $230M exploit in July  —  Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted …

19
Binance resumes services in India, after completing registration with India's Financial Intelligence Unit, which imposed a ~$2.2M fine on Binance in June 2024 (Jamie Crawley/CoinDesk)

2024-08-15 20:15:01                coindesk.com

Jamie Crawley / CoinDesk: Binance resumes services in India, after completing registration with India's Financial Intelligence Unit, which imposed a ~$2.2M fine on Binance in June 2024  —  The registration was provisionally approved in May, subject to the crypto exchange paying a fine of about $2.2 million.

20
At Nashville's Bitcoin 2024 conference, Trump said the US must become a leader in crypto, he will fire SEC chair Gary Gensler, stop creation of a CBDC, and more (CoinDesk)

2024-07-27 17:05:01                coindesk.com

CoinDesk: At Nashville's Bitcoin 2024 conference, Trump said the US must become a leader in crypto, he will fire SEC chair Gary Gensler, stop creation of a CBDC, and more  —  Thousands of bitcoiners camped out for hours to see crypto's self-declared candidate on Saturday at the Bitcoin Conference in Nashville.

21
DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B (Omkar Godbole/CoinDesk)

2024-07-25 08:15:00                coindesk.com

Omkar Godbole / CoinDesk: DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B  —  Renewed expansion in stablecoins is bullish for the broader crypto market.  — Expansion of the stablecoin market is bullish for the broader crypto ecosystem.

22
Messari CEO Ryan Selkis says he ran "too hot" with X posts this week calling for war and sending immigrants back, after Messari leadership told him to cool it (Nick Baker/CoinDesk)

2024-07-18 23:50:04                coindesk.com

Nick Baker / CoinDesk: Messari CEO Ryan Selkis says he ran “too hot” with X posts this week calling for war and sending immigrants back, after Messari leadership told him to cool it  —  “I ran too hot this week, and will address that in full soon.”  —  Ryan Selkis, founder and CEO of crypto data platform Messari …

23
Indian crypto exchange WazirX says one of its multisig wallets "experienced a security breach" after $230M+ in withdrawals; WazirX had $500M in holdings in June (Shaurya Malwa/CoinDesk)

2024-07-18 06:10:08                coindesk.com

Shaurya Malwa / CoinDesk: Indian crypto exchange WazirX says one of its multisig wallets “experienced a security breach” after $230M+ in withdrawals; WazirX had $500M in holdings in June  —  One of the exchange's multisig wallets experienced a security breach, the exchange confirmed in an X post.

24
Partior, a blockchain-based interbank payment network backed by JPMorgan, DBS, and Standard Chartered, raised a $60M Series B led by Peak XV Partners (Jamie Crawley/CoinDesk)

2024-07-12 08:50:15                coindesk.com

Jamie Crawley / CoinDesk: Partior, a blockchain-based interbank payment network backed by JPMorgan, DBS, and Standard Chartered, raised a $60M Series B led by Peak XV Partners  —  The investment was led by Peak XV Partners with contributions from Valor Capital Group and Jump Trading Group.

25
Sentient, an open-source AI development platform being built on Polygon, raised a $85M seed led by Founders Fund, Pantera Capital, and Framework Ventures (Jamie Crawley/CoinDesk)

2024-07-02 09:30:02                coindesk.com

Jamie Crawley / CoinDesk: Sentient, an open-source AI development platform being built on Polygon, raised a $85M seed led by Founders Fund, Pantera Capital, and Framework Ventures  —  The project aims to address concerns about the proliferation of AI whereby the underlying code is concentrated in the hands of a few superpowers like Google or Meta.

26
A US judge rules the SEC has plausibly alleged Binance, Binance.US, and Changpeng Zhao violated federal securities laws, but dismisses secondary sales charges (Nikhilesh De/CoinDesk)

2024-06-29 00:10:00                coindesk.com

Nikhilesh De / CoinDesk: A US judge rules the SEC has plausibly alleged Binance, Binance.US, and Changpeng Zhao violated federal securities laws, but dismisses secondary sales charges  —  A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

27
Bitcoin falls after a wallet tagged to the US government moved ~3,940 BTC, worth ~$240M and originally seized from a Silk Road vendor, to Coinbase Prime (Aoyon Ashraf/CoinDesk)

2024-06-27 09:15:20                coindesk.com

Aoyon Ashraf / CoinDesk: Bitcoin falls after a wallet tagged to the US government moved ~3,940 BTC, worth ~$240M and originally seized from a Silk Road vendor, to Coinbase Prime  —  About 4k bitcoin had been seized from narcotics trafficker Banmeet Singh at his January 2024 trial.  —  Bitcoin (BTC) fell …

28
Nigeria drops tax evasion charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla, who still face money laundering charges (Camomile Shumba/CoinDesk)

2024-06-14 22:05:14                coindesk.com

Camomile Shumba / CoinDesk: Nigeria drops tax evasion charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla, who still face money laundering charges  —  The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.  — Tax charges against Binance executives Tigran Gambaryan …

29
Core Scientific rejects CoreWeave's $1B buyout offer, worth $5.75 per share, saying the deal undervalues the company; CORZ had jumped ~40% on the buyout news (Parikshit Mishra/CoinDesk)

2024-06-06 08:45:02                coindesk.com

Parikshit Mishra / CoinDesk: Core Scientific rejects CoreWeave's $1B buyout offer, worth $5.75 per share, saying the deal undervalues the company; CORZ had jumped ~40% on the buyout news  —  The board of Core Scientific rejected CoreWeave's offer to buy the miner for $5.75 per share.  —  Core Scientific (CORZ) …

30
English soccer team Watford is offering 10% digital equity in the club to investors and fans via Republic's investment platform Seedrs, aiming to raise £17.5M (Jamie Crawley/CoinDesk)

2024-06-04 07:50:22                coindesk.com

Jamie Crawley / CoinDesk: English soccer team Watford is offering 10% digital equity in the club to investors and fans via Republic's investment platform Seedrs, aiming to raise £17.5M  —  Currently an EFL Championship club, Watford has periodically competed in the Premier League over the last decade.

31
Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors (Shaurya Malwa/CoinDesk)

2024-05-28 05:40:04                coindesk.com

Shaurya Malwa / CoinDesk: Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors  —  Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.

32
Q&A with Taiwan's ex-Digital Minister Audrey Tang on Plurality, a book on collaboration-enhancing tech she wrote with Microsoft's internal economist Glen Weyl (Daniel Kuhn/CoinDesk)

2024-05-23 04:50:09                coindesk.com

Daniel Kuhn / CoinDesk: Q&A with Taiwan's ex-Digital Minister Audrey Tang on Plurality, a book on collaboration-enhancing tech she wrote with Microsoft's internal economist Glen Weyl  —  The island-country's digital minister has radical ideas for using open-source technology to provide public goods.

33
Grayscale CEO Michael Sonnenshein resigns, to be replaced by the head of strategy for asset and wealth manager at Goldman Sachs, Peter Mintzberg, on August 15 (Jamie Crawley/CoinDesk)

2024-05-20 09:50:14                coindesk.com

Jamie Crawley / CoinDesk: Grayscale CEO Michael Sonnenshein resigns, to be replaced by the head of strategy for asset and wealth manager at Goldman Sachs, Peter Mintzberg, on August 15  —  Sonnenshein's replacement will be Peter Mintzberg, currently head of strategy for asset and wealth manager at Goldman Sachs

34
A Dutch judge finds Tornado Cash developer Alexey Pertsev guilty and sentences him to 64 months; Pertsev was jailed in August 2022 over alleged money laundering (Camomile Shumba/CoinDesk)

2024-05-14 07:55:16                coindesk.com

Camomile Shumba / CoinDesk: A Dutch judge finds Tornado Cash developer Alexey Pertsev guilty and sentences him to 64 months; Pertsev was jailed in August 2022 over alleged money laundering  —  Alexey Pertsev was first jailed in the Netherlands in August 2022.  —  Tornado Cash developer Alexey Pertsev has been found guilty …

35
Binance and KuCoin become the first offshore crypto entities to get India's approval, after being banned for "operating illegally"; KuCoin paid a $41K fine (Amitoj Singh/CoinDesk)

2024-05-10 09:15:01                coindesk.com

Amitoj Singh / CoinDesk: Binance and KuCoin become the first offshore crypto entities to get India's approval, after being banned for “operating illegally”; KuCoin paid a $41K fine  —  KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

36
Filing: Robinhood's crypto arm got a Wells notice from the SEC on May 4; Robinhood says it has already ended support for tokens named in previous SEC lawsuits (Aoyon Ashraf/CoinDesk)

2024-05-06 09:35:01                coindesk.com

Aoyon Ashraf / CoinDesk: Filing: Robinhood's crypto arm got a Wells notice from the SEC on May 4; Robinhood says it has already ended support for tokens named in previous SEC lawsuits  —  The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.

37
New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect (Camomile Shumba/CoinDesk)

2024-04-25 21:25:05                coindesk.com

Camomile Shumba / CoinDesk: New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect  —  Law enforcement agencies will no longer need to wait for an arrest to seize crypto.  — New powers that will make it easier …

38
Consensys sues the US SEC over what it calls the "unlawful seizure of authority" over ethereum, after receiving a Wells notice for its MetaMask wallet product (CoinDesk)

2024-04-25 19:30:05                coindesk.com

CoinDesk: Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over ethereum, after receiving a Wells notice for its MetaMask wallet product  —  By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.

39
US prosecutors argue Binance founder Changpeng Zhao should spend three years in prison and pay $50M for helping violate sanctions and money laundering laws (Nikhilesh De/CoinDesk)

2024-04-24 06:40:00                coindesk.com

Nikhilesh De / CoinDesk: US prosecutors argue Binance founder Changpeng Zhao should spend three years in prison and pay $50M for helping violate sanctions and money laundering laws  —  The DOJ wants Zhao to serve 36 months after his guilty plea last year.  —  Binance's founder and former chief executive, Changpeng …

40
Email: Galaxy Digital's venture arm, which has long invested its own money, is raising a $100M fund with outside capital, focused on early-stage crypto startups (Danny Nelson/CoinDesk)

2024-04-06 15:30:03                coindesk.com

Danny Nelson / CoinDesk: Email: Galaxy Digital's venture arm, which has long invested its own money, is raising a $100M fund with outside capital, focused on early-stage crypto startups  —  Galaxy's prolific venture wing plans to start accepting - and investing - outside capital.  —  Galaxy Digital's venture team …

41
HSBC releases its HSBC Gold Token, minted on its Orion digital assets platform, via its online banking and app, after testing the service in November 2023 (Ian Allison/CoinDesk)

2024-03-27 05:35:01                coindesk.com

Ian Allison / CoinDesk: HSBC releases its HSBC Gold Token, minted on its Orion digital assets platform, via its online banking and app, after testing the service in November 2023  —  The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.

42
Solana memecoin SLERF raised $10M in a presale, hitting $1.7B in trading volume, but the developer claims to have "burned" tokens set aside for an airdrop (Shaurya Malwa/CoinDesk)

2024-03-19 05:45:01                coindesk.com

Shaurya Malwa / CoinDesk: Solana memecoin SLERF raised $10M in a presale, hitting $1.7B in trading volume, but the developer claims to have “burned” tokens set aside for an airdrop  —  “This is not a joke I really f****d up and im really sorry.  Was a simple mindless misclick when I was in the process of burning the the lp," the developer said

43
El Salvador moved ~$400M worth, or "a big chunk", of its bitcoin into a cold wallet this week; public trackers had estimated El Salvador's trove at under $205M (Danny Nelson/CoinDesk)

2024-03-14 23:30:06                coindesk.com

Danny Nelson / CoinDesk: El Salvador moved ~$400M worth, or “a big chunk”, of its bitcoin into a cold wallet this week; public trackers had estimated El Salvador's trove at under $205M  —  The Central American nation moved $400 million in BTC into a cold storage wallet this week.

44
A Montenegro court approves the extradition of Terraform Labs co-founder Do Kwon; the justice minister will decide if he will go to South Korea or the US (Sam Reynolds/CoinDesk)

2023-11-24 07:55:22                coindesk.com

Sam Reynolds / CoinDesk: A Montenegro court approves the extradition of Terraform Labs co-founder Do Kwon; the justice minister will decide if he will go to South Korea or the US  —  Minister will decide if Kwon will be extradited to the U.S. or South Korea.  —  Register Now  —  A court in Podgorica …

45
Court filing: crypto lender Genesis sues the Winklevoss' exchange Gemini Trust to recover $689M, alleging Gemini made preferential transfers to other creditors (Amitoj Singh/CoinDesk)

2023-11-22 06:45:12                coindesk.com

Amitoj Singh / CoinDesk: Court filing: crypto lender Genesis sues the Winklevoss' exchange Gemini Trust to recover $689M, alleging Gemini made preferential transfers to other creditors  —  Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX.  —  Register Now

46
A year after FTX began to collapse, the exchange remains in bankruptcy court, weighed down by $10B of user claims, and its crypto holdings have grown in value (CoinDesk)

2023-11-02 07:10:01                coindesk.com

CoinDesk: A year after FTX began to collapse, the exchange remains in bankruptcy court, weighed down by $10B of user claims, and its crypto holdings have grown in value  —  The FTX founder's downfall began on Nov. 2, 2022 - a year ago Thursday - when CoinDesk published a big scoop.

47
The UK government publishes its final crypto rules and plans a phased introduction of the regulations, including legislation for fiat-backed stablecoins in 2024 (Camomile Shumba/CoinDesk)

2023-10-30 07:25:00                coindesk.com

Camomile Shumba / CoinDesk: The UK government publishes its final crypto rules and plans a phased introduction of the regulations, including legislation for fiat-backed stablecoins in 2024  —  The government plans to propose legislation on fiat-backed stablecoins by early 2024.  —  Register Now

48
Filing: Thailand's Kasikorn Bank buys 97% of the Satang crypto exchange, operating in Thailand since 2017, for ~$102.8M and plans to rebrand Satang to Orbix (Sam Reynolds/CoinDesk)

2023-10-30 06:40:01                coindesk.com

Sam Reynolds / CoinDesk: Filing: Thailand's Kasikorn Bank buys 97% of the Satang crypto exchange, operating in Thailand since 2017, for ~$102.8M and plans to rebrand Satang to Orbix  —  The move continues a trend of Thailand's major traditional financial institutions moving into crypto.  —  Register Now

49
How Japan is leading the race to regulate stablecoins with a new law that took effect in June 2023 and includes terms to protect the assets backing stablecoins (Emily Parker/CoinDesk)

2023-10-28 23:25:05                coindesk.com

Emily Parker / CoinDesk: How Japan is leading the race to regulate stablecoins with a new law that took effect in June 2023 and includes terms to protect the assets backing stablecoins  —  Japan's new law tries to address one of the biggest fears about major stablecoins: Do issuers really have the assets to back them?

50
Filing: Gemini sues Genesis Global, its former business partner for its Gemini Earn product, over 60M GBTC shares, worth $1.6B+, that were pledged as collateral (Oliver Knight/CoinDesk)

2023-10-27 16:10:05                coindesk.com

Oliver Knight / CoinDesk: Filing: Gemini sues Genesis Global, its former business partner for its Gemini Earn product, over 60M GBTC shares, worth $1.6B+, that were pledged as collateral  —  Gemini has filed a lawsuit against Genesis over 60 million GBTC shares that were pledged as collateral.  —  Register Now