New FSA Chief Rules Out ‘Excessive’ Regulation of Japan’s Crypto Exchanges

Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.The U.S. Securities and Exchange Commission (SEC) told an appeals court that crypto exchange Coinbase hadn't proven the regulator needs to create a new regulatory framework for the digital asset industry late Monday.The federal regulator asked the…

news Cryptocurrency custodian BitGo Trust Company is adding support for the BCAP security token from venture capital firm Blockchain Capital. Revealing the news exclusively to CoinDesk on Tuesday, BitGo said clients can now compliantly store their BCAP assets using the regulated firm’s custody services, as well as in a new multi-signature wallet for the ethereum ERC-20-based token.…

Aug 10, 2020 at 11:17 UTCUpdated Aug 10, 2020 at 11:23 UTCUS President Donald Trump (Joseph Sohm/Shutterstock)First Mover: Bitcoin Hits $12K as Trump Orders Checks for Unemployed (Voters)Bitcoin climbed above $12,000 early Monday, before dipping once more, as traders weighed U.S. President Donald Trump’s move to provide emergency aid amid new signs that the labor market…

Mike Winkelmann sank into the sofa as three cameras recorded his meltdown. The dueling identities that had once structured his life were coming into conflict as his fortunes increased by the second. Unseen crypto billionaires were bidding for his soul, or at least it felt that way. His entire artistic career was being auctioned as

news The Gibraltar Blockchain Exchange (GBX), a subsidiary of the island’s stock exchange, is now providing insurance coverage for crypto assets listed on its platform. The firm announced Monday that it has partnered with a local provider called Callaghan Insurance to provide the policy to cover both hot (online) and cold (offline) wallets listed on…

Apr 20, 2020 at 21:33 UTCUpdated Apr 20, 2020 at 21:40 UTCNegative Oil Prices Could Hurt Bitcoin Miners Who Use Flared GasThe few North American bitcoin miners who’ve built their businesses around fossil-fuel extraction are watching the oil markets with more excitement than fear, they say, as oil prices sink to historic lows.Oil-extraction companies need…

Feb 10, 2020 at 11:43 UTCUpdated Feb 10, 2020 at 11:58 UTCA cryptocurrency exchange that only launched in the last few months says it has been hit by a hack that it can't afford to cover.Altsbit – a platform reported to be based in Italy, though it doesn't make this clear on its website or…

Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He…

"This is the first time that FSIS has sought to utilize blockchain technology,” a spokesperson said. Image credit: ShutterstockIBM is building a blockchain proof-of-concept for the Food Safety and Inspection Service (FSIS), the food safety hawk within the U.S. Department of Agriculture (USDA), that will help it evaluate how blockchain can optimize export certification systems.Confirmed…