CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Chainalysis and Elliptic have found that crypto is useful for crime, but that’s hardly an argument for banning it.

A roundup of the week’s most valuable crypto stories for Saturday, June 4, 2023.

The interplay between data protection, cultural differences, and the homogeneity brought by the European experiment, while shaking the perception of America as the sole center of the tech universe.

The wager made at Consensus 2018 between the two blockchain eminences hinged on how far Ethereum adoption would get by now. Crypto analysts say the network appears to have met a key threshold, or at least gotten very close.

Facebook’s ambitious 2019 stablecoin project never went live. But it sure left a lasting impression. This feature is part of our CoinDesk Turns 10 series looking at the biggest stories in crypto history.

Trading cryptocurrency can sometimes carry risks, especially for new traders. But there are ways to manage risks and become a smarter investor.

In a statement, the trade group’s CEO Kristin Smith, said that regulatory actions should only target bad actors and not punish the crypto mixing tool.

Draft legislation from key committee chairs represents this year’s most significant proposal for how the federal government might build guardrails around the digital assets sector.

The allure of a CBDC is fading and issuing one "may not be a compelling priority," the bank said.

The CFTC has proposed an overhaul of risk-management requirements, and one commissioner says it should factor in emerging crypto dangers.

Two bills that seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at the committee stage.

The country's central bank should proactively identify and sanction service providers breaching its 2019 prohibition, according to the Financial Action Task Force.