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Policy

JPMorgan's Jamie Dimon Bashes Crypto: 'I'd Shut It Down'

The CEO of the powerful Wall Street bank would prefer canceling crypto, though JPMorgan is using intrinsically related blockchain technology to move billions.

JPMorgan Chase CEO Jamie Dimon sees eye-to-eye with longtime Wall Street critic Sen. Elizabeth Warren on distrusting crypto.  (Chip Somodevilla/Getty Images)

Finance

This Bitcoin Rally Feels Different. FOMO and YOLO Seem to Be Back

BTC just touched $45,000 days after topping $40,000 for the first time since early last year – and crypto-skeptics are taking another look.

Is bitcoin going to the moon again? (NASA)

Policy

House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally

Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.

Rep. Patrick McHenry (R-N.C.) is leading efforts in the House to pass stablecoin legislation (Suzanne Cordeiro/Shutterstock/CoinDesk).

Policy

Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds

The U.S. crypto exchange is the latest targeted by the Securities and Exchange Commission in a series of similar actions being fought in court by other companies.

Kraken co-founder and chairman Jesse Powell was CEO of the company during most of the time the Securities and Exchange Commission has accused it of operating illegally. (CoinDesk)

Policy

Sam Bankman-Fried's Trial May Be Over, but The Bahamas Is Living Its Own Trial

Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.

A musician in downtown Nassau, The Bahamas on a day no cruise ship had docked
Courtesy: Amitoj Singh/CoinDesk
Date: October 2023

Policy

Ramaswamy Shares Crypto Plan, Making Him the Only GOP Candidate Who Has One

The 2024 U.S. presidential candidate would fire most of the SEC, direct the government to back off crypto software developers and ease a path for digital assets as commodities.

Republican presidential candidate Vivek Ramaswamy has shared his plan for how he'd deal with crypto. (Anna Moneymaker/Getty Images)

Finance

BlackRock's Ethereum ETF Plan Is Confirmed in Nasdaq Filing

The world's largest asset manager has already made waves by seeking to list a bitcoin ETF

BlackRock CEO Larry Fink (Michael M. Santiago/Getty Images)

Policy

Sam Bankman-Fried Prosecutor Promises 'Handcuffs for All' Crypto Crooks

Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.

Damian Williams and the SBF prosecutor team (Danny Nelson/CoinDesk)

Policy

Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial

A tentative sentencing date was set for March 28, 2024. Bankman-Fried could spend decades in prison and potentially up to 115 years.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Began Deciding His Fate: SBF Thought 'He Could Fool the World'

A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.

Sam Bankman-Fried leaves his arraignment and bail hearing on Dec. 22, 2022, in New York City. (David Dee Delgado/Getty Images)