Crypto


Policy

Shanghai Police Bust $16M Crypto Pyramid Scheme

It's the city's first cracked case of an online pyramid scheme that used cryptocurrencies, according to authorities.

Shanghai skyline (Freeman Zhou/Unsplash)

Opinion

Jack Dorsey, Block and the Perils of Making Crypto User-Friendly

Everyone seems to agree that crypto needs to improve its user experience. But at what cost?

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Policy

Japan Sets Penalties on Crypto Exchanges for Violating Russia Sanctions: Report

Fines could reach as much as 1 million yen ($8,500), with executives facing up to three years in prison.

The National Diet Building, home of Japan's national legislature, in Tokyo (Shutterstock)

Policy

Bitcoin-Banning Measure Seen Too Close to Call in Monday's EU Parliament Vote

Still, people familiar with the matter said a slim majority of parliamentarians could defeat a controversial new MiCA provision that seeks to force proof-of-work cryptocurrencies to shift to more energy-friendly consensus mechanisms.

EU parliament plans to vote on a controversial provision that seeks to limit the use of proof-of-work crypto mining. (Walter Zerla/Getty Images)

Opinion

The First Crypto War May Lead to Lasting Peace

However the actual fighting in Ukraine ends, crypto will play a larger role in world affairs.

(Frederic Lewis/Getty Images)

Policy

Biden's Executive Order on Crypto Receives Bipartisan Praise

The White House unveiled a "whole-of-government" approach to digital assets earlier this week, the president's press secretary said.

Reps. Patrick McHenry (left) and Maxine Waters (Andrew Harrer/Bloomberg via Getty Images)

Policy

Bank of Israel Publishes Draft Guidelines for Crypto Deposits

Banks in the country may no longer be able to bluntly refuse fiat deposits originating from crypto activities.

Exterior of the central bank of Israel located in Kiryat HaLeom also known as Kiryat HaUma which was traditionally considered to be the northern part of the Givat Ram neighborhood., West Jerusalem. Israel

Layer 2

Crypto Firms May Look at Traditional Finance Firms as M&A Targets

We asked several industry participants if Wall Street incumbents might start making deals for crypto companies. Some predicted the opposite.

(Daniel Lloyd Blunk-Fernández/Unsplash, modified by CoinDesk)