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Policy

Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing

Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Bitcoin ETFs: What to Expect on Day One

A decade after they were first proposed, spot bitcoin ETFs are finally launching in the U.S. Here's what's next.

NYSE building in New York (Michael M. Santiago/Getty Images)

Policy

Gary Gensler's Begrudging Bitcoin ETF Concession: 'We Did Not Approve or Endorse Bitcoin'

The SEC chair said a court forced his hand and that the agency's decision to greenlight a spot bitcoin ETF doesn't signal support of that or any other digital asset.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)

Markets

Why Are Bitcoin ETFs Such a Big Deal? Gold Provides a $100 Billion Answer

Gold ETFs revolutionized the gold market and spurred a giant rally. Can bitcoin ETFs do the same?

Bitcoin ETFs have generated tremendous excitement leading up to SEC approval. (Jordan Ling/Unsplash)

Finance

Bitcoin ETFs Win SEC Approval, Bringing Easier Access to Biggest Cryptocurrency

The asset management industry has tried launching a spot bitcoin ETF for over a decade. Hopes are high they will lure more investors into crypto.

SEC logo (Nikhilesh De/CoinDesk)

Policy

With Bitcoin ETF Decision Looming, SEC Chair Gensler Says (Again) That Crypto Is Dangerous

While the industry eagerly awaits the U.S. regulator's decision on spot bitcoin ETFs, Gary Gensler is on X warning investors that crypto is rife with scams.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Policy

Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto

The U.S. platform, which drew industry barbs for insisting crypto can comply with SEC rules, is now approved for clearing, though it won't begin for a few months at least.

Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)

Policy

Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process

Bankman-Fried's defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the month.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Tech

'Bitcoin NFT' Hysteria Comes to Sotheby's as Super-Mario-Style Mushroom Character Tops $200K

In the historic auction house's first-ever sale of the Ordinals inscriptions known as "NFTs on Bitcoin," a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates.

Screenshot of BitcoinShrooms website showing items from the collection. (Bitcoinshrooms.com)

Markets

Donald Trump Unveils New 'Mugshot' NFTs, Stirring Up Prices for His Previous NFTs

Buy enough of them and you can get a piece of the suit the former U.S. president wore when he arrested in August.

Trump Digital Trading Cards: MugShot Edition (CollectTrumpCards.com)