Why Comparing Bitcoin to Visa Doesn’t Make Any Sense

We are entering the summer of the U.S. Securities and Exchange Commission (SEC). The agency's latest actions against the world's foremost exchanges, Coinbase and Binance, have the crypto sector reeling.Major players are making moves – quickly. Crypto.com announced it will wind down its U.S. institutional business due to “limited demand.” Robinhood testified last week in…

Sep 18, 2020 at 15:58 UTCUpdated Sep 18, 2020 at 15:59 UTCBlockchain Bites: Airdrops, Record Volumes, $1B BTC on EthereumThere is now more than $1 billion worth of bitcoin on Ethereum, record-setting transaction volume is boosting Ethereum miners’ revenue and VeChain joins China’s food safety watchdog to build track and trace capabilities.  Top shelfToken reflectionsUniswap’s…

For 16 months, the U.S. Federal Reserve has been long on inflation anxiety and short on interest rate surprises.On Tuesday, the central bank’s Federal Open Market Committee (FOMC), which sets monetary policy, begins deliberations that will likely continue this trend the following day with a 25 basis point rate hike and lots of teeth-gnashing about…

Asset management giant Fidelity has refiled paperwork for its Wise Origin Bitcoin Trust, a spot bitcoin ETF.The move comes roughly two weeks after BlackRock's (BLK) iShares unit submitted paperwork for the iShares Bitcoin Trust, also a spot bitcoin ETF. Fidelity in 2021 had originally applied to launch the Wise Origin Bitcoin Trust, but that effort…

feature ConsenSys-backed media startup Civil finally launched its CVL token today after months of delay. Many independent newsroom employees and Civil Media partners will now receive the token compensation packages they were promised in 2018, Civil Media CEO Matthew Iles told CoinDesk. All the earnings from this ongoing token sale will go to the nonprofit…

Aug 27, 2020 at 13:18 UTCUpdated Aug 27, 2020 at 13:36 UTC(Laura Coste/Shutterstock)BestChange.ru, an aggregator of over-the-counter (OTC) cryptocurrency providers in Russia, is one of a number of websites being blocked by the country’s internet censorship agency, Roskomnadzor. This is the third block of the firm by the Russian authorities and comes as the result…

Oct 17, 2020 at 13:00 UTC(.shock/iStock via Getty Images Plus)The NSC Labels Blockchain a National Security IssueOn the weekly recap, NLW looks at growth in institutional investment, big interest among the G20 in CBDCs and a new National Security Council report.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with…

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…

Oct 7, 2020 at 08:00 UTCUpdated Oct 7, 2020 at 08:27 UTCInside the Estonian CBDC Experiment That Could Shape the Digital EuroAt the height of 2017’s ICO boom, European Union member Estonia said it had the digital backbone to issue its citizens a national cryptocurrency, an “Estcoin.”At the time, then-European Central Bank (ECB) President Mario…