Can Security Tokens Save Crypto From the Bear Market Blues?

Cryptocurrencies surged higher with bitcoin (BTC) nearing $64,000 on Thursday as the Federal Reserve's jumbo rate cut bolstered risk appetite across asset classes. Bitcoin climbed nearly 6% over the past 24 hours from Wednesday's whipsaw below $60,000 as traders digested the Fed's decision to lower benchmark interest rates by 50 basis points, a move many

Nov 17, 2020 at 10:29 p.m. UTCActing Comptroller of Currency Brian Brooks (CoinDesk archives)Crypto-Friendly Brooks Gets Nod to Serve 5-Year Term Leading Bank RegulatorOutgoing U.S. President Donald Trump has nominated Acting Comptroller of the Currency Brian Brooks, an advocate for crypto-friendly reforms, to lead the national bank regulator on a permanent basis.Brooks, a former bank…

The Bank of England and Financial Conduct Authority are looking for feedback on their draft guidance for using a planned digital securities sandbox.Participants will be able to use the sandbox to test products and services based on distributed ledger technology.The Bank of England (BoE) and the Financial Conduct Authority (FCA) started a consultation on the

feature MOSCOW – The line for selfies with Binance CEO Changpeng Zhao seemed endless, even though it was the second photo op of the night. The cryptocurrency exchange mogul, known as CZ, had already taken photos with Russian fans before the meetup started, and he kept smiling at cameras and shaking hands for half an…

Artificial intelligence-powered robots may not be human overlords just yet, but one bot has managed to persuade people to pour millions into a crypto token it was trained to endorse. The Goatseus Maximus (GOAT) token wasn’t created by coders or traders with a penchant for horned mammals. Instead, it refers to the lore of the

This afternoon in a Washington, D.C., courtroom, lawyers will argue over a seemingly straightforward question: Is Binance.US a client of crypto custody provider Ceffu or not?Regulators are concerned over the apparent use of Ceffu by the U.S. arm of the world’s largest crypto exchange, because they’re wary of giving a foreign entity control over American

Apr 30, 2020 at 04:37 UTCUpdated Apr 30, 2020 at 05:32 UTCTelegram CEO Pavel Durov. (Credit: TechCrunch / Wikimedia Commons)Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to InvestorsMessaging app Telegram postponed the launch of its TON blockchain for a second time on Wednesday, pushing the new go-live date to April…

The Monetary Authority of Singapore (MAS), the city-state's central bank, is working to ensure cryptocurrency startups receive domestic banking services as part of the country's efforts to boost fintech development. In an interview with Bloomberg on Tuesday, Ravi Menon, the institution's managing director, said the central bank is trying to "bring the banks and cryptocurrency…

Bitcoin (BTC) traders are taking a defensive stance ahead of Wednesday's U.S. Federal Reserve meeting, with the central bank seen likely to leave interest rates unchanged while keeping the door open for future increases in a move some observers described as a "hawkish pause."The Federal Open Market Committee (FOMC) is set to announce the interest…