Welcome to State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. I’m your host, Nikhilesh De. Yeah, of course we’re talking about GameStop (GME) today. Here are my questions: What…

Every four years or so, bitcoin’s seemingly cyclical nature rears its head and the rise of another bull market begins. There are headlines across mainstream media outlets boasting massive price action, and droves of people…

The Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion,…

Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps…

Every year since 2016, I’ve made predictions about what the next year will bring for the industry. If you pay attention to the incremental change that occurs year after year, you realize everything is connected…

Bitcoin (BTC) was little changed, with prices appearing unable to hold levels above $24,000.  “Bitcoin has moved vertically for a few weeks now and pullbacks will happen,” the Norwegian cryptocurrency-analysis firm Arcane Research wrote Tuesday in a…

Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer,…

In the lore of digital disruption, Eastman Kodak Co.’s downfall looms large. Kodak was once one of the world’s most powerful companies. But it failed to act on digital cameras and online photo sharing, despite…

The 2020 U.S. presidential election will shape crypto policy for the next four years – even if no one’s actually pitching crypto-specific positions. While presidential candidates aren’t campaigning on their blockchain savvy – and indeed,…

This week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC). A pivotal player here is the United…

Last week the United Kingdom’s Financial Conduct Authority (FCA) published a set of rules that officially banned the sale of derivatives and exchange-traded notes (ETNs) that are based on the sale of certain kind of…

Bitcoin’s market dynamic has been shifting over the past week. The CFTC’s pursuit of the BitMEX co-founders has sparked some fear regarding the safety of funds on margin trading platforms that could be vulnerable to…

Cryptocurrency derivatives trading platform Bitmex has been charged with illegally operating in the U.S. Concurrently, its executives, including CEO Arthur Hayes, have been charged with violations of the Bank Secrecy Act and are facing prison…

Derivative exchange BitMEX’s legal issues with U.S. regulators took a toll on bitcoin’s price while DeFi gave Ethereum miners more fee revenue than ever.  Bitcoin (BTC) trading around $10,582 as of 20:00 UTC (4 p.m.…

The United States Commodity Futures Trading Commission (CFTC) on Thursday, September 24, filed a complaint against crypto dealing Paxforex for allegedly soliciting or accepting business from US customers without relevant registration. According to a report,…

Lawmakers in the U.S. have introduced the Digital Commodity Exchange Act of 2020 to create a single, national regulatory framework for cryptocurrency trading platforms, including those that trade bitcoin, ether, their forks, and other cryptocurrencies.…

In a webinar hosted by InvestmentNews, Grayscale Investments’ managing director, Michael Sonnenshein, and financial consultant, Tyrone Ross Jr., educated financial advisors about the benefits of crypto investments. A slide from Sonnenshein’s presentation. Grayscale offers ten…

Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The…

The chairman of the Commodity Futures Trading Commission (CFTC) has called on other regulators to establish a framework for sound crypto regulation. He believes that the U.S. must lead in the crypto field and “applying…

Could the dollar be replaced by a single new, dominant currency like China’s DCEP, or is a multipolar currency world more likely? Presented in documentary podcast and full transcript formats below. For more episodes and…

Cryptocurrency exchanges based outside the U.S. are pushing to fill what they see as a competitive gap in the world's biggest economy – offering more leverage to traders who have limited alternatives due to a…

Cryptocurrency exchanges based outside the U.S. are pushing to fill what they see as a competitive gap in the world's biggest economy – offering more leverage to traders who have limited alternatives due to a…