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Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, Markets in Crypto Assets, popularly known as MiCA. John Ehlers, Chief Operating Officer of Bitstamp, which has operated in the E.U. for over a decade, reacts to this landmark vote and how it may impact crypto exchanges.

Apr 20, 2023

Bitcoin (BTC) fell further on Thursday, touching a 10-day low. Bitcoin "was starting to exhaust itself," Options Insights founder Imran Lakha said, adding that it's "passing the baton on to Ethereum."

Apr 20, 2023

Lawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, MiCA, with 18 abstentions, making it the first major jurisdiction in the world to introduce a comprehensive crypto law. Bitstamp Chief Operating Officer John Ehlers and CoinDesk Regulatory Reporter Jack Schickler weigh in on the latest developments.

Apr 20, 2023

SEC Chair Gary Gensler refused to say whether ether was a security during a nearly five-hour hearing before the House Financial Services Committee yesterday. Joshua Ashley Klayman, Linklaters U.S. Head of Fintech and Head of Blockchain and Digital Assets reacts, explaining why this was "the best the industry could have hoped from him."

Apr 19, 2023

Blockdaemon is setting sights on large institutions with its new wallet app. CEO and founder Konstantin Richter discusses the regulatory implications of third-party custodians as well as his outlook for crypto custody following the collapse of FTX.

Apr 19, 2023

Bitcoin slid more than 3% to below $30,000 on Wednesday morning. While the sell-off didn’t appear to stem from any immediate fundamental reason, Forex.com global head of research Matt Weller said an unexpectedly high U.K. March inflation figure of more than 10% may have influenced market sentiment. 

Apr 19, 2023

U.S. Securities and Exchange Commission Chair Gary Gensler repeatedly dodged the question on whether Ethereum is a security or a commodity in Tuesday's House Financial Services Committee hearing. Linklaters U.S. head of fintech and head of blockchain and digital assets Joshua Ashley Klayman weighs in, saying, "the fact he did equivocate on the answer is a positive for the industry." Howard Fischer, Moses Singer partner and former SEC senior trial counsel, added that this "may reflect the internal processes at the SEC."

Apr 19, 2023

The House Financial Services Committee has unveiled a draft of its stablecoin legislation, proposing a framework for issuers such as Circle and Tether to define how state and federal entities can regulate their offerings. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the potential timeline for the legislative process and what to expect from the upcoming hearing on stablecoins.

Apr 19, 2023

A decentralized, global team of developers is shirking the urge to be the first to scale Ethereum. As part of CoinDesk's Projects to Watch 2023, Scroll co-founder Sandy Peng discusses Ethereum's "zero-knowledge" arms race and how Scroll stands out from the competition. 

Apr 19, 2023

Blockdaemon is launching an all-in-one wallet service to help large-scale institutions and crypto custodians steward their assets without entrusting them to third parties. Blockdaemon CEO and founder Konstantin Richter discusses the crypto infrastructure provider's approach to institutions and the general interest in custody after the FTX fallout.

Apr 19, 2023