California Is Open to Allowing Crypto Political Donations

Jul 27, 2020 at 09:40 UTCUpdated Jul 27, 2020 at 09:43 UTCMaker Foundation CEO Rune Christensen (CoinDesk archives)The total value of cryptocurrency locked in decentralized finance’s (DeFi) oldest project has surpassed $1 billion for the first time. MakerDAO, which is also the sector's largest protocol by a margin of $271 million locked in, crossed above…

NEWSINBRIEF The blockchain subsidiary of the Gibraltar Stock Exchange now has official approval from the island’s financial regulator. The Gibraltar Blockchain Exchange (GBX) announced Thursday that the Gibraltar Financial Services Commission (GFSC) has granted it a license under the jurisdiction’s new regulatory framework for distributed ledger technology (DLT), claiming to be the first stock exchange…

Nov 16, 2020 at 5:12 p.m. UTCWhy Bitcoin Thrives (and Why It Won’t Replace the Dollar)Bitcoin is the leader of the pack in the crypto space. It has recovered from the disastrous crash of 2018 and is heading back towards the price it reached in December 2017. So what does the future hold for bitcoin?…

State Street, one the largest institutional custodians on the planet, said there is no sense of urgency – at the moment, at least – from clients for the firm to move into safeguarding crypto assets. Speaking at the American Banker BlockFS conference in New York on Thursday, Jay Biancamano, State Street’s managing director for digital product…

Demand for bitcoin ETFs continues to grow as outflows from Grayscale decrease, while inflows for BlackRock’s IBIT increase.Some traders, who previously predicted a sell-off following the ETF introductions, now forecast a BTC price of $64,000, citing technical analysis.Inflows into popular spot bitcoin (BTC) exchange-traded fund (ETF) products show no signs of slowing, with nearly $630

Feb 2, 2020 at 16:20 UTCUpdated Feb 2, 2020 at 16:21 UTCIn “Libre Not Libra: Facebook’s Blockchain Project,” Andreas answers the burning question… Has he tried haggis? Just kidding… He shares his thoughts on the recently released Libra whitepaper, as part of a permissioned blockchain project spearheaded by Facebook. This episode of Let's Talk Bitcoin!…

The Wen meme coin saw a sharp drop in price Monday as traders weighed how to value news that 27% of the airdropped token's supply would be burned.The Solana-based token was trading over 30% below its daily high around press time, thanks in large part to a major plunge triggered by a whale seller who

Oct 3, 2020 at 15:52 UTCUpdated Oct 3, 2020 at 16:19 UTCU.S. Securities and Exchange Commission Chairman Jay Clayton (John Lamparski/Getty Images)SEC Is Willing to ‘Try’ a Tokenized ETF, Chairman Says: ReportSecurities and Exchange Commission (SEC) Chairman Jay Clayton said the regulatory body’s open to the idea of a tokenized exchange-traded fund (ETF), according to…

While some policy officials hold out hope for a reduction in the crypto tax, most experts don't expect any changes. The industry's primary desire is to see the 1% tax deducted at source reduced to 0.01%. India is unlikely to change its controversial tax-deducted-at-source (TDS) policy on crypto transactions when Finance Minister Nirmala Sitharaman reveals