Consensus 2019 NEW YORK, NY - MAY 13:  Caitlin Long attends Consensus 2019 at the Hilton Midtown on May 13, 2019 in New York City.  (Steven Ferdman/Getty Images)

Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry

The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.

A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)

Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

BlockFi filed for bankruptcy in the wake of FTX's collapse.

Mar 24, 2023
(Lisa Braganca, CoinDesk TV)

Former SEC Branch Chief Explains Why U.S. Has Jurisdiction in Do Kwon Case

Lisa Braganca says the Terraform Labs founder and his team knowingly reached out to U.S. investors, despite being based in Singapore.

Mar 24, 2023



Atomic bomb test
Is This Finally an Atomic Bomb From the SEC?

The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward.

Mar 23, 2023
Port in a storm
No Crypto Banking Port Has Really Opened Up in This U.S. Storm

The biggest U.S. banks have not stepped forward to welcome homeless crypto businesses scrambling for banking services after fleeing the wreckage of Silvergate Bank, Signature Bank and Silicon Valley Bank.

Mar 20, 2023
Is This a Crypto Banking Bailout?

As the wreckage that started inside crypto banking threatens financial institutions beyond the sector’s border, the federal government is eager to make it clear that it’s not going to let it get out of hand. But is it a bailout?

Mar 13, 2023
CDCROP: Circle CEO Jeremy Allaire is part of the consortium behind USDC (Danny Nelson/CoinDesk)
Circle Scrambles to Right USDC After Signature Bank Failure

Circle Internet Financial’s $3.3 billion cash reserves problem was seemingly solved Sunday when federal regulators promised that depositors of failed Silicon Valley Bank would be made whole in short order. But Circle’s USDC stablecoin isn’t out of the woods.

Mar 13, 2023

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