Why Jay-Z’s Bitcoin Trust Matters

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market…

Stablecoin issuer Tether and sister company Bitfinex agreed to drop opposition to a New York Freedom of Information Law (FOIL) request brought by a group of journalists, including Bloomberg Businessweek's Zeke Faux, the author of the book "Number Goes Up."The firms said in a statement that the move is part of their "commitment to transparency,"

In today's crypto news roundup, we delve into a series of significant events that have shaped the digital currency landscape. From PayPal's groundbreaking entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy. Meanwhile, Huobi grapples with rumors and a…

Monad Labs raised $225 million in a funding round led by Paradigm.The money will help in the development of its faster version of the Ethereum blockchain that is compatible with existing DeFi applications.03:28Former CFTC Chair ‘Very Concerned’ About Funding for Crypto Regulation06:19Tether Expands With USDT Launch on Polygon06:39Why Sequoia Capital Is Raising $600M to Launch

Bitcoin, the world's largest cryptocurrency by market capitalization, jumped by 11 percent on Monday, pushing prices above $6,900 for the first time in a month. CoinDesk's Bitcoin Price Index shows that ,just after 5:00 UTC on Monday, bitcoin saw a sudden spike of $400 over the course of 60 minutes, and reached as high as…

Last week’s inflation report did little to change the Federal Reserve’s easing cycle. Over the last few weeks, the yield on 10-year U.S. Treasury bonds has quickly jumped from 3.6% to 4.1%. The underlying driver of the change has been a swap by quant-driven fund managers. They’ve rotated out of fixed-income investments into equities. As

Crypto lender Abra has been insolvent since at least March 31, 2023, state securities regulators alleged on Thursday.In an emergency cease-and-desist order, the Texas State Securities Board alleged that Abra (otherwise known as Plutus Financial), Abra Boost, Plutus Lending and Abra founder William Barhydt mislead the public, committed securities fraud and the company has been…

Pantera Capital recently conducted the largest compensation survey in crypto, with 502 general survey participants. When we got the results we discovered something surprising: crypto, unlike almost every other industry we know of, pays women more than men. This finding is a bright spot for an industry that struggles with its mainstream public perception. At

A blockchain trade finance platform spearheaded by China's central bank has entered the testing phase ahead of an official roll-out. According to a report from 21st Century Business Herald on Tuesday, the first phase of the so-called Bay Area Trade Finance Blockchain Platform is already deployed across financial institutions in the southern city of Shenzhen and is…