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Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves

KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

May 10, 2024 at 10:27 a.m. UTC
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.

May 10, 2024 at 8:42 p.m. UTC
Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.

May 10, 2024 at 4:30 p.m. UTC
EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable

The much-hyped restaking project initiated its long-awaited though highly controversial plan to distribute EIGEN tokens, by opening a window of time where eligible users can c...

May 10, 2024 at 5:12 p.m. UTC
Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030

Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.

May 10, 2024 at 4:26 p.m. UTC
U.S. CFTC Proposes Ban on Political Event Contracts

The U.S. derivatives regulator approved a proposed rule that punctuates a long-standing legal dispute between the agency and predictive markets platforms.

May 10, 2024 at 4:11 p.m. UTC

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By Omkar Godbole
May 10, 2024 at 8:31 a.m. UTC
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By Stephen Alpher
May 10, 2024 at 3:20 p.m. UTC
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By Omkar Godbole
May 7, 2024 at 6:32 a.m. UTC

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Consensus 2024

(Fatemeh Fannizadeh)

Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing

Fannizadeh, a lawyer specializing in the crypto industry at Geneva Legal, is a speaker at this year’s Consensus festival, May 29-31, in Austin, Texas.

May 10, 2024
Hyperbolic CEO Jasper Zhang (Hyperbolic)

Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma

Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling,” aimed at addressing challenges w...

May 9, 2024
(Kgothatso Ngako)

Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa

Ngako is a speaker at this year's Consensus festival, in Austin, Texas, May 29-31.

May 8, 2024
SEC Commissioner Hester Peirce (Danny Nelson/CoinDesk)

'What Are We Waiting for'? SEC Commissioner Hester Peirce Discusses Moving Crypto Regulation Forward

Known for her fiery dissenting opinions, "Crypto Mom" discusses how the SEC operates, why she wants to see crypto thrive and her "Safe Harbor" proposal to allow projects to de...

Apr 10, 2024
Casey Rodarmor, who shook up Bitcoin with Ordinals (Rhett Mankind)

Casey Rodarmor: The Bitcoin Artist

His "Ordinals Theory," allowing data inscription on Bitcoin, generated a backlash from Bitcoiners who said it will ruin the network. But Rodarmor remains undeterred.

Dec 4, 2023
(John Deaton)

‘I'm a Pro-Freedom Candidate’: John Deaton on his Senate Race With Elizabeth Warren

The election pits a fierce crypto advocate against one of its biggest political opponents. Deaton is a speaker at this year's Consensus festival, in May.

Apr 15, 2024

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Technology

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Policy

(Nikhilesh De/CoinDesk)

SEC Rebuts Coinbase's Attempt to Get Appeals Court to Answer Key Crypto Question

The exchange wants an appeal court to rule on whether conventional securities rules apply to crypto. Coinbase hopes they don't.

May 10, 2024
Rep. Patrick McHenry said a major crypto legislative effort is close to a floor vote in the House of Representatives. (Jesse Hamilton/CoinDesk)

U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.

May 10, 2024
Department of Justice (Shutterstock)

DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg

The white-shoe law firm’s handling of the FTX bankruptcy case has been controversial.

May 10, 2024
Chairman Rostin Behnam's U.S. Commodity Futures Trading Commission proposed a rule Friday to ban certain event contracts in the U.S.  (Jesse Hamilton/CoinDesk)

U.S. CFTC Proposes Ban on Political Event Contracts

The U.S. derivatives regulator approved a proposed rule that punctuates a long-standing legal dispute between the agency and predictive markets platforms.

May 10, 2024
New Delhi, India (Unsplash)

Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves

KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

May 10, 2024
Stand With Crypto Chief Strategist Nick Carr (Nikhilesh De/CoinDesk)

Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats

Stand With Crypto – an advocacy group started by Coinbase last year – will start gathering cash from more than 400,000 members to give to favored congressional candidates.

May 10, 2024