Regulation


Policy

UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services

While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling.

U.K. lawmakers appear to disagree on how to treat crypto. (Jorge Villalba/GettyImages)

Web3

‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown

After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support.

Coinbase's Stand with Crypto NFT (Zora)

Finance

SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S.

Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere.

(Mark Van Scyoc/Shutterstock)

Policy

One-Two Punch Finally Registers SEC View on Binance, Coinbase, Rest of Crypto

The mystery is over for how the U.S. Securities and Exchange Commission will come after the digital assets sector’s big platforms, though alleged skeletons in Binance’s closet drew more ire.

U.S. Securities and Exchange Commission Chair Gary Gensler (Bill Clark-Pool/Getty Images)

Policy

Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors

The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.

The streets are clear outside the U.S. Court for the Southern District of New York (Dustin D.)

Markets

Coinbase Shares Slump After SEC Files Suit Against Company

Major shareholders include Vanguard Group, Cathie Wood’s ARK Invest, Nikko Asset Management, Fidelity and BlackRock.

COIN slid Tuesday following a suit by the SEC against Coinbase. (TradingView)

Policy

Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry

The SEC brought 13 charges against Binance, alleging the exchange violated federal securities laws.

(Nikhilesh De/CoinDesk)

Markets

Coinbase Shares Drop 10% Following SEC’s Suit Against Binance

Bitcoin (BTC) dropped below the $26,000 mark, while the shares of bitcoin mining stocks fell as well.

Coinbase share price (TradingView)

Consensus Magazine

Privacy Concerns Dominate CBDC Discussion at Consensus 2023

Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.

Full Shows – Consensus: Distributed