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Washington
Crypto in Washington: What Politicians Are Saying About Digital Assets
On this special episode of "CoinDesk Daily," host Amitoj Singh breaks down the state of crypto in Washington, D.C. and how digital assets are being viewed by U.S. politicians and lawmakers. This comes as Rep. Maxine Waters (D-Calif.) expresses her concerns about Facebook parent company Meta's trademark applications related to various digital assets services.
Messari CEO Reflects on Senate’s Influence on Crypto Industry
As part of CoinDesk's Most Influential 2023, Messari CEO Ryan Selkis discusses the impact of Washington's influence on the crypto sector. "The ongoing Democratic control of the Senate in the U.S. will basically set the crypto industry back to 2030. And most people would be better off moving offshore than continue to operate in the U.S," Selkis said.
Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.
How Crypto Can Repair Its Reputation in Washington
Trust in the industry is at an all-time low, but key stakeholders can still rebuild relationships with regulators and politicians by focusing on what makes crypto unique: trustlessness.
Two Estonian Citizens Charged With Running a Series of Crypto Scams Totaling $575M
According to the Department of Justice, the two men used shell companies to launder the proceeds of their fraudulent schemes and buy luxury cars and real estate in Estonia.
Blockchain Association's Kristin Smith on Binance's Proof-of-Reserves Pledge
Crypto exchange Binance founder Changpeng "CZ" Zhao urged industry players to provide "proof-of-reserves" on the heels of a proposal to acquire rival FTX. Kristin Smith of the Blockchain Association, a Washington, D.C.-based lobbying group, weighs in, saying it's "a good idea... but it's nothing that U.S. exchanges, at least the major ones, aren't already doing."
What the Proposed FTX-Binance Deal Means on Capitol Hill
Crypto exchange Binance agreed to buy FTX after its rival suffered a liquidity crisis. Kristin Smith of the Blockchain Association, a Washington, D.C.-based lobbying group, discusses the impact of the potential sale on Capitol Hill and how it could shape the future crypto regulation.
Washington State Joins Celsius Bankruptcy Case as Interested Party
The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto.
