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Nyca Partners' Exec. Says He's 'Mildly Optimistic' About Expected White House Executive Order on Crypto

Nyca Partners' Matt Homer discusses why he's "mildly optimistic" about the Biden Administration's executive order on cryptocurrencies, expected to be released as soon as February. "Washington is entering a period where we're seeing turf battles between regulators, and we need a referee in the room," Homer said. Plus, his views on New York City mayor Eric Adams' crypto ambitions as he converted his first paycheck into bitcoin.

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Biden Administration to Release Executive Order on Crypto as Early as February

The White House is reportedly readying an executive order for release as soon as next month that will outline a comprehensive government strategy on cryptocurrencies, asking federal agencies to determine their risks and opportunities. CoinDesk’s Nikhilesh De discusses what we know so far and what this means for crypto.

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CoinDesk Kicks Off Privacy Week

It's Privacy Week at CoinDesk, where it will be publishing articles all week on privacy issues ranging from corporate to government surveillance, to sharing of personal information, to private project challenges and beyond. CoinDesk Executive Editor Marc Hochstein shares insights into what readers can expect, discussing the state of play for digital and financial privacy.

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Crypto Market Lost $1.3T Since November, Bitcoin and Ethereum Down 50% From All-Time High

Bitcoin’s price has been down 19% in the past seven days, the cryptocurrency’s worst weekly performance since May 2021. Marc Lopresti, managing director at asset manager The Strategic Funds, discusses his take on the new support and resistance levels to watch, identifying the potential bottom.

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Russian Bank Calls for Crypto Ban, Korea’s Lofty Metaverse Goals

Russia’s central bank calls for crypto ban. Foxconn chair says 2022 is the first year of the metaverse for the company. South Korea aims to become top five metaverse leader by 2026. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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SEC Chair Gary Gensler to Reign in Crypto Exchanges With Tighter Scrutiny

Reacting to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler wanting greater regulatory scrutiny for crypto exchanges, former SEC Commissioner Paul Atkins discusses whether exchanges indeed present an inherent danger to consumers. Plus, thoughts on U.S. crypto regulation under Gensler vs. former Chair Jay Clayton.

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Why Congressman Tom Emmer Wants to Limit the Fed’s Ability to Issue Digital Dollar

Congressman Tom Emmer (R-MN) shares insights into his new bill aimed at prohibiting the Federal Reserve from issuing a CBDC directly to individuals. This comes after the Fed has just released a white paper on the digital dollar.

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India’s Crypto Industry Has Great Expectations From New Budget

India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022. India’s Finance Minister Nirmala Sitharaman is set to present the nation’s budget, which is considered the most important financial day of the year for the world’s largest democracy.

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Bitcoin Dips Below $40K During Broader Asia Market Sell-Off

For the second time this month, bitcoin has dipped below $40,000, hitting $38,642 mid-way through the Asia trading session. BTC is down by nearly 11.5% in the last 24 hours. MarketGauge Group Managing Director Michelle Schneider discusses the potential catalyst behind the market sell-off and whether BTC ​has further room to fall.

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Why Is Russian Central Bank Calling for a Full Ban on Crypto?

Russia's central bank said in a report released Thursday the country must make crypto trading, mining, and usage illegal. CoinDesk reporter Anna Baydakova breaks down the implications of the report and its potential repercussions on the global crypto industry. "For the bank of Russia ... crypto is a big complication in their job, and they just want to get rid of it," Baydakova said.

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