Coinbase Resumes Service in Wyoming After License Renewal

A new bill introduced in the House would clarify that a digital asset that is sold as part of an "investment contract" does not necessarily become a security. If passed, the Securities Clarity Act would help settle one of the most debated legal questions in the crypto space and make it more difficult for the…

As the Celo blockchain prepares to migrate into a layer 2 network on Ethereum, there's suddenly competition to provide technology to the project.Sandeep Nailwal, co-founder of Polygon Labs, submitted a proposal to the Celo community on Wednesday, pitching that the blockchain make use of Polygon’s Chain Development Kit – a codebase that developers can use

news A banker from HSBC urged the U.S. Commodity Futures Trading Commission (CFTC) to make more “positive noise” about distributed ledger technology (DLT), in order to encourage adoption by hesitant businesses. Among other recommendations for the agency, “it would also be beneficial if the CFTC would give some positive words around DLT and DLT adoption,” HSBC senior vice…

Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months.The 30-day correlation coefficient between bitcoin and the 10-year U.S. inflation-indexed security turned negative this month, declining from +0.28 to -0.72, a level last seen in April, according to charting platform TradingView. A reading…

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesBitcoin trades around $64,000 early Monday as the crypto market erased last week's losses. BTC surged to $65,400 during Asia trading hours Monday, its highest price

Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe.…

Jan 7, 2021 at 4:04 p.m. UTC(Joël de Vriend/Unsplash)Institutional Custody Will Challenge Retail-Oriented CryptoThe institutions are coming. The herd is arriving. Institutional participation in the digital asset market is imminent. As this happens, it’s worth considering how the entry of highly regulated financial companies will change the marketplace infrastructure for crypto, which, until now, has been…

news Regulatory uncertainty ushered in by India’s central bank appears to have brought about the demise of another cryptocurrency exchange in the nation. In a Medium post published Thursday, the Koinex exchange says it’s been forced to shutter its services as a de facto ban on banking relationships for crypto firms – ordered by the Reserve…