The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency’s previous crypto stance. This decision comes after a prolonged SEC lawsuit that had significant implications for the industry. What to know: The U.S. Securities and Exchange Commission will vote soon on […]
A federal court confirmed the final tally of SBF assets the government staked a claim to, including $606 million in Robinhood stock sales and two private jets. What to know: A federal court has outlined just how extensive Sam Bankman-Fried’s assets were before the young CEO of FTX was tried and imprisoned for fraud, and the […]
A republication of a series of posts by Shinobi from January 2020, predicting the course of Bitcoin through the 2020s. Bitcoin Banks (or Binks). It’s happening. Guaranteed. Done deal. In the bag. It’s just a question of when? Germany cleared banks to custody and handle Bitcoin and Bitcoin accounts for customer starting 2020. Who will be […]
In what may be a big test of the crypto sector’s new influence over a markedly friendlier U.S. Congress, the Crypto Industry is asking for the reversal of an incoming tax policy. What to know: Nearly every big name in the crypto industry has signed onto a letter calling for Congress to eliminate a U.S. tax […]
Bitcoin and the insurance industry are perfect for each other. How Early Movers Like Allianz Are Quietly Reshaping Long-term Liability Management The insurance industry faces a critical challenge with long-term liability matching, as Jeff Walton explained during our conversation. Insurance companies must estimate and set aside capital for claims that could pay out over decades, […]
The government’s war against Ver isn’t just a legal battle; it’s a warning shot to anyone daring to challenge state-controlled financial systems. Roger Ver, one of the earliest and most outspoken advocates for Bitcoin, has spent decades fighting for financial freedom. Now, the U.S. government is fighting to drag him back in chains. Spain has officially […]
The state’s investment board’s stake is worth more than $340 million at IBIT’s current price of $56.10. What to know: Wisconsin’s investment board saw fit to significantly add to its bitcoin (BTC) bet in the last three months of the year. The State of Wisconsin Investment Board (SWIB) disclosed ownership of just over 6 million […]
El Zonte inspired Bukele to make bitcoin legal tender in El Salvador. CoinDesk visited the surfing village to see how it’s developing. What to know: This article is part of a four-piece series on El Salvador. You can find the previous dispatch, a story on Bitcoin City, here. The sun was setting as I rolled into […]
A look at the realities of UX friction that widespread micropayments would create, and the potential solutions to that problem. What if every click you made online cost just a fraction of a penny? What if your favorite news site, your go-to streaming service, or even your daily email usage could be paid for at […]
With picks at the banking agency and consumer watchdog, the field of major nominees is mostly complete, showing a deep roster of finance and federal know-how. What to know: President Donald Trump is just about done naming the key figures he’s seeking to get into financial regulation posts that will direct the future oversight of […]