CoinDesk Crypto

At the end of January, the Hong Kong Monetary Authority (HKMA) indicated it may require firms to keep to their principal business and have a locally incorporated entity in Hong Kong if they want to obtain stablecoin licenses, according to its consultation conclusions.The HKMA&rsq

The news that Ian Allison and Tracy Wang are joint recipients of a Polk Award, one of the most prestigious in journalism, for three November scoops that led to the unraveling of FTX’s empire is a source of immense pride for all of us at CoinDesk.This is a milestone, not onl

Let me posit two reasons why, over the past month, bitcoin has surged to its highest level since mid-August and outperformed every other major asset in both crypto and traditional markets.Together, they highlight the unique advantage that Bitcoin draws from its status as the olde

The U.S. Securities and Exchange Commission late Thursday released a 55-page document detailing various charges of fraud against Do Kwon and Terraform Labs, the so-called "company" Kwon founded to develop the Terra blockchain. Broadly, the SEC alleges that Kwon and others “

Last year, failings at crypto issuer Terra ricocheted across the crypto ecosystem, ultimately claiming crypto exchange FTX, a giant in the space. This investigation of court records shows how the millions – if not billions – of dollars’ worth of exposures among

Hong Kong is warming up to crypto, and a licensing regime for Virtual Asset Service Providers (VASP) – the local term for crypto exchanges – kicks in on June 1.Does this mean crypto is going "fully legal" in the city for everyone, as a tweet suggests? Not at all.

The U.S. has been busy cracking down on crypto firms these past two weeks, but on the other side of the pond the U.K.’s financial regulator has barely moved an inch. It may, however, just be the calm before a storm.The U.S. Securities and Exchange Commission has not been sh

On Wednesday, Feb. 15, non-fungible token (NFT) marketplace Blur overtook OpenSea in daily Ethereum trading volume, according to data analytics platform Nansen.ai.Other data aggregators point to Blur's steady rise over the past month. A Dune dashboard created by data scientist Hi

In his immediate response to media queries, the former dean of Stanford’s law school, Larry Kramer, gave a very personal explanation for why he’d pledge $500,000 to get Sam Bankman-Fried out on bail. Kramer, along with Stanford computer scientist Andreas Paepcke, were

Bitcoin's (BTC) price movement is on fire, and it is now testing a significant level of resistance that may open the floodgates for bulls and propel the BTC price far higher.

Stock market returns are overwhelmingly driven by a small group of winners. We expect the same trend in digital assets.Between 1926 and 2016, just five out of 25,300 publicly traded companies drove 10% of the entire U.S. stock market’s $35 trillion of total wealth creation:

There are three things commonly known about Sam Bankman-Fried. The first is he led one of the biggest derivative cryptocurrency exchanges in the world. The second is he will be tried for eight counts of money laundering, financial and elections fraud.Together, these charges &ndas

Dutch prosecutors investigating Tornado Cash developer Alexey Pertsev have recently gained access to his laptop, and are now using the data to probe key features of the case including whether he personally profited from the privacy service.An otherwise largely procedural hearing

They say time moves faster in crypto, and I’m not sure anyone feels that more than we journalists. We’re tasked with keeping track of more or less everything that’s going on, and tuning out for even a few days can leave you feeling so behind there’s no hop

Brian Armstrong is wrong: Staking is a security and the U.S. Securities and Exchange Commission (SEC) just proved it. He just misunderstood their position. This is where the lack of understanding of regulations on the crypto side is starting to get concerning. If we saw the same

This week, Glenn Williams Jr. taps his equity research analyst background – the land of price-to-earnings ratios and other valuation techniques – to sort out whether bitcoin is under- or overvalued.Then, Jennifer Murphy, the CEO of Runa Digital Assets, puts digital as

Tokenization is back. Some of you may remember the heyday of 2017-18, when everything was going to be tokenized and put on the blockchain. Banks were lining up to launch proofs of concept but clients were thin on the ground. Now, experimentation has spread well beyond the initial

Chalk up another point for the regulators as the crypto onslaught continues. I hate to make this about Bitcoin, but I will. Because in a way, this is about Bitcoin.The U.S. Securities and Exchange Commission (SEC) reportedly plans to sue crypto firm Paxos for violating investor p

Senator Elizabeth Warren (D-Mass.) confirmed during a Senate committee hearing Tuesday that she will reintroduce the controversial Digital Asset Anti-Money Laundering Act (DAAMLA) with one or more co-sponsors in the near future. It was originally introduced in December and did no

Senator Elizabeth Warren (D-Mass.) confirmed during a Senate committee hearing yesterday that she will reintroduce the controversial Digital Asset Anti-Money Laundering Act (DAAMLA) with one or more co-sponsors in the near future. It was first introduced last December and did not