Thodex, once among Turkey's leading cryptocurrency exchanges, abruptly ceased operations in April 2021, coinciding with the disappearance of its founder, Özer.
Similar to the challenges faced by Facebook's unsuccessful Libra initiative, PYUSD is encountering resistance in Washington. However, Michael J. Casey expresses greater optimism about its potential outcomes.
The company aims to take advantage of Hong Kong's renewed status as a promising crypto hub, considering the city's efforts to establish a well-defined regulatory framework for digital assets.
The New York Attorney General's office has announced a settlement in which the trading platform has agreed to reimburse investors for excessive fees and deceptive practices.
T. Raja Kumar, President of the international financial crimes watchdog, called upon G-7 leaders to 'effectively' enforce FATF's anti-money laundering regulations for cryptocurrencies ahead of their upcoming weekend summit.
The Trustee in charge of the collapsed exchange's assets will allocate 87% of the funds currently held to distribute to users on an interim basis.
Bitcoin-based meme coins created using the new BRC-20 standard have contributed to rising Bitcoin fees, as they require more data than a standard transaction. However, proposals by some members of the Bitcoin community to block Bitcoin NFT projects through a filtering mechanism may undermine Bitcoin's fundamental principles of openness and decentralization, warns Michael Casey, CoinDesk's Chief Content Officer. While Bitcoin's governance challenges are becoming more complex, balancing innovation with the core values of the community will remain a critical task for its future success.
Letitia James' pursuit of legal action against companies such as Celsius, CoinEx, and Nexo has led to the introduction of this bill seeking expanded regulatory powers in the cryptocurrency space.
The Federal Open Market Committee's recent meeting left the markets confused due to ambiguous messaging, leaving them struggling to interpret the signals conveyed by both the FOMC statement and Chair Jerome Powell's comments. This is a common occurrence in central bank policy-setting, which often involves abstruse signals. However, the emergence of new tools like blockchain's cryptographic verification systems could potentially aid policymakers in making more informed decisions.
The CoinDesk editorial team came together to offer their valuable insights on the most crucial topics that will have a significant impact on the future course of the cryptocurrency industry.