Korea’s Financial Regulator Wants to Use the Blockchain for Stock Trading

Paradigm, the venture capital firm led by Coinbase co-founder Fred Ehrsam, filed a legal brief supporting prediction market platform Kalshi in its suit against the Commodity Futures Trading Commission (CFTC).In the case, filed in November, Kalshi asked the court to vacate the CFTC's denial of its bid to list contracts on which party will control

news The Financial Markets Authority (AMF), France’s top financial organization, plans to release an experimental regulatory framework for crypto firms later this month, according to a Reuters report. The rules will include capital requirements, tax mandates, and consumer protection protocols – which “crypto-related firms will voluntarily abide by” in exchange for regulatory approval, reports Reuters.…

CoinGecko cofounder Bobby Ong speaks at Invest: Asia 2019, photo by Wolfie Zhao for CoinDeskCryptocurrency market data aggregator CoinGecko has updated its trust metric for exchanges, with Binance keeping its top slot in the rankings. The Singapore-based crypto firm said in a blog post Wednesday that its new cybersecurity metric now forms 20% of its…

Half a dozen lawsuits against the allegedly fraudulent cryptocurrency scheme BitConnect have now been combined into a single legal effort. According to court documents filed last Thursday, a new Amended Consolidated Class Action Complaint has been initiated in the U.S. District Court for the Southern District of Florida. The new class action – coming months…

Jul 31, 2020 at 11:43 UTCUpdated Jul 31, 2020 at 11:59 UTCBitcoin price chart for July (CoinDesk BPI)Bitcoin looks set to register its best July price performance for eight years and confirm a major bullish breakout in the process.  Bitcoin is trading near $11,190 at press time – and is up nearly 22% this month,…

Genesis is now focused on liquidation after making material changes to its bankruptcy plans last week, the U.S. government has said.The change threatens to delay bankruptcy proceedings further.An updated bankruptcy plan filed by crypto lender Genesis last week represents a significant change of plans, the U.S. government said in a filing on Wednesday. The lender

Nov 19, 2020 at 8:00 p.m. UTC(kentoh/iStock via Getty Images Plus)A Crypto Ally as Top US Bank Regulator?President Trump has nominated former Coinbase counsel Brian Brooks to a full five-year term as Comptroller of the Currency, but will he be confirmed in time?For more episodes and free early access before our regular 3 p.m. Eastern time releases,…

opinion Max Boonen is founder and CEO of crypto trading firm B2C2. This post is the second in a series of three that looks at high-frequency trading in the context of the evolution of crypto markets (you can see the first here). Opinions expressed within are his own and do not reflect those of CoinDesk.  The following…

Sep 16, 2020 at 20:37 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: With Fed Rate Policy Unchanged, Bitcoin Passes $11K; Ether Options Bet on Price Below $400Bitcoin’s price continues to move up, with a little help from the U.S. Federal Reserve, while ether traders are hedging in the options market. Bitcoin (BTC) trading around $10,979 as…