Coinbase Downgraded at Oppenheimer After Disclosing Possible SEC Charges
Given the unhealthy regulatory environment, Lau – otherwise supportive of blockchain technology and digital asset development in the U.S. – said he is becoming increasingly concerned about the “fairness of the enforcement actions, and the ability for the [crypto] ecosystem to grow with seemingly limited and shrinking support from the banking system.”
Related Posts


10 Arrested Over SIM-Swap Hacks That Stole $100M in Crypto From Celebrities: Europol
The alleged international criminal network targeted online influencers, sports stars, musicians and their families in the U.S.Feb 10, 2021 at 12:35 p.m. UTC10 Arrested Over SIM-Swap Hacks That Stole $100M in Crypto From Celebrities: EuropolCrime-fighting agency Europol says 10 people have been arrested for SIM-swap attacks that stole over $100 million in cryptocurrency from celebrities.According…

CoinDesk Live Recap: Ethereum’s DeFi Luminaries Discuss What’s Next
Jul 30, 2020 at 05:25 UTCUpdated Jul 30, 2020 at 05:27 UTCWill Foxley, Hayden Adams, Rune Christensen and Robert Leshner discuss DeFi on CoinDesk Live. (Screenshot)CoinDesk Live Recap: Ethereum’s DeFi Luminaries Discuss What’s NextFor decentralized finance (DeFi) to make its mark, it must reach beyond the crypto bubble, said MakerDAO founder Rune Christensen. “Compared to…

Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Bitcoin miner Bitdeer listed today on the Nasdaq after several delays, to lukewarm reception, as the…

Singapore’s Central Bank Releases Stablecoin Regulatory Framework
The central bank's framework will apply to single-currency stablecoins pegged to the Singaporean dollar or any G10 currency.Issuers of such stablecoins seeking regulation in Singapore must meet certain requirements related to value stability, capital and redemption capitals.The Monetary Authority of Singapore (MAS) has unveiled its framework for regulating stablecoins following a public consultation in October…

Brock Pierce Served Court Papers for Fraud Lawsuit at His Own Presidential Campaign Rally
Sep 15, 2020 at 10:00 UTCUpdated Sep 15, 2020 at 10:13 UTCBrock Pierce (CoinDesk archives)U.S. presidential candidate and crypto entrepreneur Brock Pierce was apparently served legal papers relating to a lawsuit alleging securities fraud during his campaign rally in New York on Monday. Video footage posted to Twitter on Tuesday shows Pierce receiving what appear…

tZero-Affiliated Firm Hopes SEC Will Pass Updated Proposal for Security Token Platform
Mar 9, 2020 at 09:40 UTCUpdated Mar 9, 2020 at 09:41 UTCBoston Options Exchange (BOX) is trying again to calm regulatory concerns about ethereum's role in storing ownership records as it seeks permission to launch a security token platform. To that end, the firm has filed an amended proposal with the U.S. Securities and Exchange…

Ethereum ETFs Scored $49M Inflows as ETH Plunged
Despite a sharp 20% drop in price, U.S.-listed spot ether exchange-traded funds (ETFs) saw net inflows of nearly $49 million on Monday, indicating strong demand. Meanwhile, some pointed to the resilience of the Ethereum network in the face of the price drop, indicative of strong fundamentals. U.S.-listed spot ether (ETH) exchange-traded funds (ETFs) recorded net

The Mixed Signals Economy: The Breakdown Weekly Recap
Jul 11, 2020 at 14:00 UTC(Charles Deluvio/Unsplash)The Mixed Signals Economy: The Breakdown Weekly RecapJobless claims are down, coronavirus cases are up and the markets simply don’t know what to do. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS. This…