CoinDesk Crypto

Bored Ape Yacht Club creator Yuga Labs has dismissed the provocative claims made by artist Ryder Ripps as a preposterous “conspiracy theory,” calling them “slanderous” and vowing to fight back (albeit with a lawsuit premised on trademark infringement rathe

In the fallout over FTX, U.S. Senate Banking Committee Chairman Sherrod Brown (D-Ohio) recently announced he is considering legislation aimed at protecting retail investors from cryptocurrency fraud. Legislators and regulators should proceed with caution. Casual observers may be

We hear the term “trustless” thrown around a lot in crypto, and many are confused by its implications. It is a vague term with several potential meanings, depending on the context. “Directionless” means “without direction,” so “trustless&

In June 2021, during my first-ever interview with a prominent non-fungible token (NFT) collector, I learned about a Web3 silver bullet. As a freshly self-employed writer who left a salaried media job to pursue a freelance career, scarcity was on my mind.I wasn’t preoccupied

A commission set up by New Hampshire Governor Chris Sununu on the subject of cryptocurrency has made an official recommendation to the state government: that bitcoin use in the state be encouraged and incentivized and that miners be offered partnerships to improve the electrical

Securities laws issues have often driven crypto policy, but when it comes to non-fungible tokens, we need to prioritize intellectual property interests. Treating all NFTs as financial assets will compromise the U.S.’ position as the gold standard of intellectual property (I

Most of the conversation about policy in Web3 has centered around what crypto pioneer Nick Szabo calls “wet code” – in this case, the laws that govern human institutions. The world of crypto offers an alternative – “dry code,” or computer code

For years now, the compliance community has been consistently warned that a deluge of new regulation for all things crypto, which would see the industry forever changed, is coming. We are still waiting for even the slightest of rains.The only potentially well-informed (although i

Decentralized finance (DeFi) exploded into the public consciousness in 2020, as an ambitious offshoot of the cryptocurrency space that promised to revolutionize the world of financial services.

After two decades of dominating and reshaping our lives, “Big Tech” is finally looking weakened.According to Crunchbase, more than 46,000 staffers at U.S.-based tech companies lost their jobs in the first three weeks of 2023 alone, following a layoff tally of 107,000

As blockchain technology continues to develop over the coming years, cross-border payments will prove to be a game-changing use case. In order to grow, the industry needs user adoption while users will embrace a technology that fills an actual need. In many respects, stablecoins

A retail central bank digital currency (CBDC) has the potential to give authorities more information on users and their transactions as well as facilitate detection, supervision, monitoring and law enforcement efforts. However, this opens the central bank to criticisms that CBDCs

In settling a lawsuit in January with the U.S. Securities and Exchange Commission (SEC), the co-founder of crypto platform Nexo stated that he is “confident that a clearer regulatory landscape will emerge soon, and companies like Nexo will be able to offer value-creating pr

Cryptocurrency, as far as Gen Z is concerned, has a place in the future of finance. See the List: GOBankingRates' Best Banks of 2023Find Out: 3 Things You Must Do When Your Savings Reach...

There’s a legal saying that “bad facts make bad law.” Right now, crypto needs better facts. If crypto wants to resonate with policymakers, we should deemphasize the facts and narratives that threaten governments (down with fiat!) and the well-heeled (down with b

Coinbase’s fine for “very serious” breaches of Dutch crypto registration procedures reveals some of the many pitfalls the industry faces as it works towards operating within the regulatory fold.The charge sheet from the Dutch central bank (DNB) outlining its dec

The growing capital inflow into the Web3 industry is also attracting the attention of industry leaders from the traditional web, referred to as Web2.

Epistemic status: I don’t even know what I’m doing here. Then again, neither does Elizabeth Warren.New cryptocurrency laws are likely coming in the U.S. whether the industry likes it or not. A salubrious outcome would be legislation that helps protect consumers withou

The failures that have occurred in the crypto space over the past year have led some voices in the ecosystem to prophesy that “regulation is coming,” and that it’s just what the crypto industry needs to mature and evolve.While I agree more regulation is needed a

What a difference a year makes. Towards the end of 2021, the crypto market was at an all-time high, reaching a market cap of $3 trillion. These soaring heights have been met in 2022 with painful lows because the crypto market has sunk to less than a third of its value from the pr