CoinDesk Crypto

In 1997, the Clinton Administration published the groundbreaking “Framework for Global Electronic Commerce,” which set forth five key principles:Governments should recognize the unique qualities of the internet.The private sector should lead.Governments should avoid u

Bitcoin is the future of money, but it doesn’t exist without mining it.

We’re nearing the end of “Policy Week” here at CoinDesk, which I’ve spent focused on the particularly thorny issues of regulating decentralized finance (DeFi). The technology, which removes intermediaries like banks and exchanges from asset trading, may re

The Securities and Exchange Commission (SEC) greenlighting a futures-based exchange-traded fund for bitcoin has been a boon to holders of the cryptocurrency this week, with bitcoin hitting all-time highs just shy of $67,000 on news of the ETF’s clearance. But let’s be

Today’s “Gensler for a Day” is Michale Shaulov, CEO of decentralized finance (DeFi) infrastructure and custody firm Fireblocks. Fireblocks occupies an extremely interesting position in the DeFi ecosystem: Late last month, it was proposed as the first “whit

Valkyrie Funds has become the first asset manager to create a bitcoin futures exchange-traded fund (ETF) on the Nasdaq Exchange, listing the Valkyrie Bitcoin Strategy Fund (BTF) on Friday, Oct. 22.

Earlier this week, we considered the challenges of creating viable long-term regulations for decentralized finance (DeFi) protocols. These systems can ostensibly remove intermediaries from the trading of any asset represented on a blockchain, but those intermediaries have been th

Brian Frye, a conceptual artist, film maker and law professor, encourages people to plagiarize everything he’s ever created or said.“I’m the legal academy’s leading plagiarism advocate. I’m also the legal academy’s only plagiarism advocate, whi

There are many types of financial innovation. Some (ATM withdrawals) are more trustworthy than others (subprime mortgage-backed bonds). Yet, too often, in fintech and crypto circles, technological stability is mistaken for financial stability. Companies demand we trust but not ve

The U.S. bitcoin exchange traded fund (ETF) market could be worth $30 billion by 2024, if not earlier, as a string of funds rush to win regulatory approval amid rising investor appetite for cryptocurrencies, analysts say.

The European Union (EU) wants to regulate the digital asset industry; there are a number of bloc-wide initiatives already underway. The most comprehensive is a 168-page “Markets in Crypto-Assets” (MiCA) that would create an EU-level licensing framework for crypto issu

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Cryptocurrency, once an obscure corner of the financial world, is going mainstream. It made its debut on the New York Stock Exchange on Oct. 19 in a ProShares exchange-traded fund…

Since at least 2013, when the Winklevoss twins first filed an application to create one, a bitcoin exchange-traded fund (ETF) has been the crypto industry’s white whale. An ETF would open bitcoin investment to a huge new array of players, from individual 401(k) users to maj

Every organization, of any kind, is organized in some way. So-called decentralized autonomous organizations (DAOs) are a new and different kind of organization: a collaboration among people in which members’ ownership, management and control are automated based on software.

Identifying the ideal path to regulatory compliance for a stablecoin has been difficult. U.S. regulators have taken a much more active interest in the industry, though it is still not entirely clear what they will want stablecoins to be.U.S. Treasury Secretary Janet Yellen has wa

On Monday, New York’s Attorney General Letitia James announced an order that two crypto lending platforms unregistered with the state cease operations in the state. The companies – their names redacted in a letter published by the James’ office – were orde

On Sept. 29, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced it had filed 14 complaints against various crypto trading platforms. It was the busiest day of action for the nation’s top commodities regulator and a noted departure from its usual course. Be

On paper, the concept of a “stablecoin” is relatively simple. Cryptocurrencies are notoriously volatile, and traders like being able to cash out quickly. Stablecoins are cryptocurrencies that allow for just that. Tied 1:1 to the price of a particular fiat currency (us

As a new culmination in the protracted effort to create a Bitcoin exchange-traded fund (ETF), ProShares launched its Bitcoin futures ETF, following tacit approval from regulators.