CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

The most valuable crypto stories for Wednesday, June 21, 2023.

A comparison of central bank money and the public blockchain, as well as the hurdles associated with the use of public blockchain in real-world applications from a recent BIS Annual Economic Report analysis.

Recently released emails from former SEC director William Hinman have rallied the XRP troops, but the documents are not a smoking gun.

XRP’s uber-passionate supporters believe the SEC unfairly targeted Ripple for securities violations while mysteriously giving Ethereum a free pass. Do they have a point?

The hype around artificial intelligence is drawing away capital and talent from Web3. But AI and crypto are overlapping technologies, with potential for each to influence the other, says Jeff Wilser.

Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a Bitcoin-like currency do better?

The traditional finance giant has been rumored to be seeking the status for years.

Authorities in Singapore have awarded 190 Major Payment Institution Licenses, with 11 going to Digital Payment Token companies.

CoinDesk filed a public records request for documents detailing Tether’s reserves. Here’s what we got.

Federal Reserve Chair Jerome Powell testified in the House Financial Services Committee, saying Fed staff has been in talks with lawmakers on crypto legislation that is expected to be marked up in July.

The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.

Transforming a ‘smoldering heap of wreckage’ can cost good money, Katherine Stadler said.