Welcome, Crypto, to the Fiery Cauldron of U.S. Presidential Politics
Before the push for the White House really gets rolling, digital assets – including bitcoins and CBDCs – are...
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
The stablecoin issuer now only holds cash and repurchase agreements to back its USDC stablecoin’s value.
First Mover Americas: Bitcoin on Track for First Monthly Loss of the Year
The latest price moves in crypto markets in context for May 30, 2023.
U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say
Lawyers for the disgraced FTX executive filed pre-trial motions in early May to dismiss most of the charges on...
U.S. Presidential Candidate Ramaswamy Takes Potshot at DeSantis Bitcoin Remark
The largest cryptocurrency is suddenly a talking point in the 2024 race, after Florida Governor Ron DeSantis declared he...
U.S. Debt Deal Could Weigh on Bitcoin Price, Some Say
The Treasury's efforts to build back cash balances after resolution of the debt limit situation might suck out dollar...
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
Republicans focused on the chances for legislative compromise while Democrats characterized their stablecoin positions as a deepening divide.
USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default
Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase...
IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly
The IRS Criminal Investigation division is supporting Ukrainian investigators by providing blockchain analysis tools.
Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully
As the exchange tries to force an answer from the Securities and Exchange Commission on digital assets regulation, crypto...
Bittrex’s U.S., Maltese Arms Processed $425M in Withdrawals Since April 1, Attorney Says
The company filed for bankruptcy protection earlier this week, but says no customer funds were re-used and that liabilities...
U.S. Justice Department Investigating Binance For Russia-Related Sanctions Violations: Bloomberg
CoinDesk has reached out to Binance and the Justice Department for comment.
Crypto Innovation and Regulation Should Be Partners, Not Adversaries
Developers are flourishing elsewhere amid strident relationships with U.S. regulators.
Binance Official Says Exchange Has Ousted North Koreans
"They recognized Binance was not the place for them," said Tigran Gambaryan, head of financial crime compliance at Binance.
Ex-CFTC Head Says Regulators Can Engage With Crypto ‘If They Have the Will to Do So’
Chris Giancarlo's remarks come as crypto businesses argue U.S. regulators have been too vague heading into this year's crackdown.
Bitcoin Posts Biggest Weekly Loss in Five Months as Dollar Liquidity Declines, Debt Ceiling Fears Return
The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs...