Regulators Plan ‘Global Sandbox’ for Fintech Including Blockchain

Decentralized finance (DeFi) has been nothing short of a miracle. For the first time ever, anyone with a simple internet connection can build wealth digitally. People in all parts of the world, regardless of their financial status or location, are bettering their lives through DeFi by making the same kinds of investment decisions previously limited

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.Join the most important conversation in crypto and Web3 taking place…

A new patent awarded to tech giant IBM highlights how blockchain tech might play a role in monitoring security breaches within computer networks. First filed in September 2017 and awarded Tuesday by the U.S. Patent and Trademark Office (USPTO), the patent outlines how a network of monitors connected to a blockchain platform can log events…

news Cryptocurrency market maker Cumberland is modernizing the way it handles over-the-counter (OTC) trades with clients. Announced Tuesday, the unit of financial trading giant DRW has unveiled a so-called single-dealer platform called Marea, allowing institutional investors to interact with Cumberland through a screen-based interface, rather than negotiating trades by phone or Skype.  As such, the new portal…

Jul 7, 2020 at 09:00 UTCUpdated Jul 7, 2020 at 09:01 UTCFATF (Hervé Cortinat/OECD)Germany Seeks to Expand Digital Efforts at FATF as It Takes On Watchdog’s PresidencyThe Financial Action Task Force (FATF), a global money laundering and terrorist financing watchdog, said it would prioritize strengthening its anti-money laundering and counter-terrorist financing efforts through digital transformation…

markets View Bitcoin’s moving average convergence divergence (MACD) histogram is charting higher lows, indicating seller exhaustion. Other indicators are also reporting oversold conditions. A falling channel on the hourly chart may end with a bullish breakout and fuel a rally to $8,800. On the way higher, BTC may encounter resistance at $8,500 (200-day average). The…

Nov 17, 2020 at 6:16 a.m. UTCUpdated Nov 17, 2020 at 6:40 a.m. UTCAnchorage CEO Nathan McCauley (CoinDesk archives)Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCCThe cryptocurrency and banking worlds continue to draw closer together with digital asset custodian Anchorage seeking a national charter from the U.S. Office of the Comptroller of the…

Do users actually care what’s under the hood of an app?Cryptocurrencies’ censorship resistance and global reach have been the main value proposition of this technology for people not interested in sheer speculation. However, just the existence of technology is not enough: for it to really spread, empower and benefit those who need it most, there…

Sep 23, 2020 at 08:00 UTCPanxora is raising money for a hedge fund focused on DeFi tokens. (Unsplash, modified by CoinDesk)The cryptocurrency money manager Panxora seeks to raise up to $50 million for a new hedge fund to buy digital tokens associated with the fast-growing decentralized finance (DeFi) sector.  DeFi is a segment of the…