India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk
India is unlikely to bring a crypto or Web3-specific legislative bill anytime soon and perhaps all the way up to mid-2025, said one of the most senior politicians in India's government overseeing the financial evolution of the nation.
CZ's Guilty Plea Accepted by Judge, Has Yet to Decide If Binance Founder Can Go Home
A federal judge accepted Binance founder Changpeng "CZ" Zhao's guilty plea to one count of violating the Bank Secrecy Act, but has not yet weighed in on whether Zhao can go back to the United Arab Emirates before he is sentenced in February.
Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge
Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter. Bitzlato was sanctioned by the U.S government in January.
Another crypto bill has cleared the goal posts of a committee in the U.S. House of Representatives, with the unanimous approval of legislation that would direct the U.S. Secretary of Commerce to support blockchain technology.
JPMorgan's Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto
JPMorgan Chase CEO Jamie Dimon has never been shy about trashing crypto, even while his giant Wall Street bank became a leader in using blockchain technology to move billions. At a U.S. Senate hearing Wednesday, he slammed the industry again, to…
The Protocol: Bitcoin Censorship, or Just 'Spam Filtering?'
In this week's issue of The Protocol newsletter, we're highlight blockchain developers named in CoinDesk's Most Influential list just out, including Blockstream's Lisa Neigut, Polygon's Jordi Baylina, Base's Jesse Pollak and Optimism's Karl Floersch.
BitTorrent's BTT Token Doubles in Value as Tron, on Which It's Issued, Hits 200M Users
The BTT token from BitTorrent, the file-sharing platform that Tron bought in 2018, more than doubled in price on Wednesday amid apparent optimism about the Tron blockchain.
BlackRock Spot BTC ETF Seed Funding is a Step Forward, but Just a Step
Asset manager BlackRock (BLK) turned some heads earlier this week when an updated prospectus for its spot bitcoin ETF application included a disclosure that it had collected $100,000 in seed capital for the fund.
Coinbase Adds Message-Based Crypto Payments to Its Decentralized Wallet
Crypto exchange Coinbase (COIN) has updated its decentralized wallet, adding a low-cost way for users to instantly send money to each other through messaging apps by adding features that seem to emulate payments giant Paypal.
Cryptocurrency lending company Ledn is offering customers crypto-backed loans where all the assets remain locked up with a qualified custodian, as the company adapts its centralized finance approach to a post-FTX world.
First Mover Americas: Traders Are Turning to Ether
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.
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