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China, the Convenient Foil
Peter Thiel is both right and wrong in calling bitcoin a tool that could empower China and challenge the U.S. dollar.
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The Accidental Crypto Lobbyist
Our reporter contacts state lawmakers for clarification and ends up inadvertently reshaping a bill.
West Virginia legislature

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Google's Win for Open Source
“What happened here, that no one expected, is the Supreme Court found fair use as a matter of law," tech lawyer Marta Belcher said.
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The IRS wanted to know about Coinbase's customers a few years ago. Now it's looking at Circle (and Poloniex, which hasn't been part of Circle since 2019).
State of Crypto: The IRS Sets Its Sights on Circle
The IRS has issued a John Doe summons to Circle, in a repeat of its collection of Coinbase customer information. What has changed since then?
The IRS wanted to know about Coinbase's customers a few years ago. Now it's looking at Circle (and Poloniex, which hasn't been part of Circle since 2019).

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Crypto Long & Short: Bitcoin Outflows Aren't the Bullish Signal You Think They Are
Exchange flows shift as tether continues to replace bitcoin, building quote currency dominance in altcoin trading.
Bitcoin trade graph candlesticks online

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Crypto as a Payment System? Here We Go Again
How many users will take advantage of PayPal’s Crypto at Checkout feature? Skepticism is warranted, given the technology’s track record in commerce, says CoinDesk's executive...
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Uniswap’s 'Token' Issue
A battle between a decentralized exchange and a token project raises questions over what level of control creators can exercise in crypto.
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Crypto Hype Cycles and You
Bitcoin progresses through boom and bust cycles but always finds a new level of support. That may be true for its price and the people here today.
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Indians Want Bitcoin Despite Government Stance
Bitcoin has a tendency to show up the weakness of governments in the face of technology. This is nowhere more true than in India.
Train passing through Goa, India

(Hervé Cortinat/OECD, modified by CoinDesk)
State of Crypto: FATF's New Guidance Takes Aim at DeFi
The Financial Action Task Force addressed DeFi and NFTs in its new proposed draft guidance, but its new definitions might be extremely broad.
(Hervé Cortinat/OECD, modified by CoinDesk)