Crypto


Policy

Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans

While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.

Labour Party leader Keir Starmer secured victory in the U.K. election (Matthew Horwood/Getty Images)

Policy

Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures

The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.

BIS building (BIS)

Markets

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy

The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Funding (Gerd Altmann/Pixabay)

Finance

Crypto Industry Is About to Boom, Is Outperforming the Internet: Architect Partners

The digital asset industry added more than $750 billion in value in the first half of the year, the report said.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Policy

Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds

The first Securities and Exchange Commission witness has been cross-examined and the money laundering trial adjourned till July 5.

Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)

Tech

Crypto Exchange Kraken Is Considering Going Nuclear

Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.

Schematic of a small modular nuclear reactor (Department of Energy via Wikipedia, modified by CoinDesk using PhotoMosh)