Bitcoin News Roundup for May 4, 2020

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.In its first legal response to the U.S. Securities and Exchange Commission’s (SEC) lawsuit, crypto exchange Coinbase (COIN) claimed that digital assets listed on its platform fall outside…

Former president and Republican front-runner Donald Trump called artificial intelligence (AI) "dangerous and scary" in an interview with Fox Business’ Maria Bartiromo, highlighting the power of deepfakes to do anything from create false product endorsements to change the tide of war.“I saw somebody ripping me off the other day where they had me making a

The Republican primary win of blockchain businessman Bernie Moreno in Ohio has set up the congressional race to watch for the crypto industry. Moreno will face off in the general election against crypto doubter Sen. Sherrod Brown, the chairman of the Senate Banking Committee who has been a legislative roadblock for digital assets regulation.Ohio's U.S.

Here's this week's roundup of the latest stories and reports from CoinDesk and the industry to keep you up to date on the progress of the tokenized real-world assets revolution.Real-world assets could become a $5 trillion dollar industry, some analysts project. But, without greater credit availability, certain changes tokenization won't be a meaningful evolution in…

Jun 10, 2020 at 19:24 UTCIn a now-deleted tweet, Coinbase Custody International announced it was adding support for withdrawals and deposits in the stablecoin tether.  While that May 30 tweet is now gone, it’s hard to hide its effects given a recent surge in the stablecoin’s count of active addresses. The number of unique addresses active…

Compliance chief Malcolm Wright led the development of BitMEX’s data storage principles for crypto exchanges.Feb 9, 2021 at 5:00 a.m. UTCBitMEX Introduces Data Storage Framework for FATF’s Travel RuleCrypto exchange BitMEX has published a framework of principles for how best to store additional batches of transactional provenance data, a requirement exchanges face as part of…

Jun 30, 2020 at 13:43 UTCAugur’s Revamped Predictions Platform Launches Next Month With a New TokenBlockchain predictions platform Augur is launching a new version of its protocol next month, but users will have to migrate to a new token if they want to use it. The company announced Monday the “v2” rollout has been slated…

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market…

Canada has announced it is shifting its focus away from a retail central bank digital currency but implied that it was prepared if the people of the nation decide such a product is needed in the future. CBC News, Canada's public broadcaster, reported that the Bank "is shelving" the idea of a Canadian dollar. Canada