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Finance

OKX Settles U.S. DOJ Charges, Pays Over $500M Penalty and Forfeiture

An OKX subsidiary said it resolved a U.S. DOJ investigation.

OKCoin, Star Xu

Markets

Wall Street-Backed Crypto Exchange EDX Markets Adds 17 New Cryptocurrencies, Including XRP, SOL, Trump Coin

The expansion significantly broadens trading options for users, reflecting a friendlier regulatory environment in the U.S.

 Wall Street-backed crypto exchange EDX Markets expands cryptocurrency offering as it gets ready for growing institutional demand. (Unsplash)

Policy

U.S. Marshals Service Can't Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan

The agency has been plagued with procedural and organizational issues for years.

Credit: Getty Images

Finance

Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source

A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.

Deribit CEO Luuk Strijers (Extreme right) at Consensus Hong Kong (CoinDesk)

Finance

Mastercard Says It Has Moved Beyond Experimentation in Crypto, Focused on 'Real Solutions'

“What is stopping [crypto] from going mainstream is really that consumers need to be able to find each other using what they already know,” Mastercard’s head of crypto and blockchain, Raj Dhamodharan told CoinDesk.

Raj Dhamodharan, Head of Crypto and Blockchain, Mastercard (Shutterstock/CoinDesk)

Policy

U.S. Regulator Pursuing Tokenization Pilot to Tap Stablecoins as Collateral

Caroline Pham, the Commodity Futures Trading Commission chief tapped by President Donald Trump, is hosting a CEO summit on one of her longstanding policy aims.

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

Finance

ConsenSys Twice Hit by Operation Chokepoint, CEO Lubin Credits Bank for Fighting Back

The MetaMask creator survived by having redundant backup accounts, said Lubin, who was also personally targeted.

ConsenSys CEO Joseph Lubin (CoinDesk archives)

Finance

Blockstream Opens New Office in Tokyo as It Expands in Asia

The company plans to drive Japanese adoption of Bitcoin Layer-2 and self-custody technologies.

Blockstream CEO Adam Back at Consensus 2019. (CoinDesk archives)

News Analysis

U.S. Bitcoin Reserve May Be Coming, But States Are Winning the Race

Millions of Americans may soon find out they're crypto investors when their states leap into the markets even before the feds figure out what to do.

Utah

Finance

Galaxy and BitGo Buddy Up for Crypto Staking Despite Legal Spat

The firms are driven by compelling mutual benefits: Galaxy gains extra staking business and BitGo customers are able to use staked assets as collateral for loans and trading.

Galaxy founder Mike Novogratz (Shutterstock)