US Lawmakers Seek Blockchain Solution in Fight Against Fungal Disease

Crypto exchange Bittrex settled charges of offering U.S. investors access to unregistered securities on Thursday, agreeing to pay a $24 million fine within two months of filing a liquidation plan for the exchange.The SEC sued Bittrex, which filed for bankruptcy in May, earlier this year, saying it simultaneously operated a securities exchange, broker and clearinghouse…

Variant Fund and Atelier Ventures, firms founded by Andreessen Horowitz (a16z) veterans, are merging and launching a $110 million first-check fund to invest in the “ownership economy,” or products and services that are built, owned and operated by their users. The combined firm will be known as Variant.Jesse Walden, who focused on blockchain investments at…

Aug 10, 2020 at 10:37 UTCUpdated Aug 10, 2020 at 10:40 UTCAustralia's national rugby team (Andrew Tallon/Wikimedia Commons)A member of the Australian cabinet has said a new government-backed initiative, which uses blockchain, can help grow the national economy and create new jobs. This comes as Australia's National Rugby League (NRL) announced Monday it was piloting…

Mar 11, 2020 at 09:00 UTCUpdated Mar 11, 2020 at 09:08 UTCThat Noise You’re Hearing? Central Banks Struggling to EvolveNoelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own. Back at the dawn of our evolution, one thing that helped us survive…

Jun 4, 2020 at 20:56 UTCUpdated Jun 4, 2020 at 21:00 UTCActing Comptroller of the Currency Brian Brooks asked for public input into how distributed ledgers might be used for banking services. (Credit: Andriy Blokhin / Shutterstock)One of the federal bank regulators in the U.S., and the only one that charters national banks, is seeking…

Tokenized treasuries won't fully replace stablecoins, JPMorgan said. Stablecoins have a regulatory advantage because they are not classified as securities, the report noted. Liquidity in stablecoins is also much higher than tokenized treasuries, the bank said. Stablecoins are unlikely to be fully replaced by tokenized treasuries, JPMorgan (JPM) said in a research report Thursday. It

Global markets are jittery as traders watch the U.S. election. For crypto, a big unanswered question is whether the results might persuade the giants of finance to curtail or ramp up their ambitions for the industry. Several experts CoinDesk spoke with agreed that, regardless of the outcome, TradFi is unlikely to back away from crypto.

Well I was going to write about last week’s market structure bill but then the SEC sued Binance and y i k e s. So let’s talk about Binance. And then the SEC sued Coinbase! Double y i k e s. So let’s talk about both of them.You’re reading State of Crypto, a CoinDesk newsletter…

Nov 19, 2020 at 6:05 p.m. UTC(Chris Barbalis/Unsplash, modified by CoinDesk)Open Finance Is Better Than Broken FinanceAs much as the global economy continues to grow, we are leaving billions of people behind who don’t have bank accounts, a reality that is exacerbated by the economic impacts of the coronavirus. Without a bank account, a person…