Coinbase Taps Regulation Veteran for First-Ever Crypto Compliance Chief

India’s Supreme Court overturns a crypto banking ban while Facebook prepares fiat-pegged digital currencies alongside Libra.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.Yesterday, The Information reported Facebook’s Calibra wallet would be abandoning the backed-by-a-basket-of-currencies…

A blockchain team from Royal Bank of Scotland (RBS) has left to start a blockchain "venture studio" called Chorum. Revealed exclusively to CoinDesk, Richard Crook, who headed up the RBS innovation team, takes with him engineers Mark Simpson, Ben Wyeth and Farzad Pezeshkpour. Their move is the latest in a string of departures by enterprise…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Nasdaq (NDAQ) is aiming to debut its crypto custody services by the end of Q2, Bloomberg…

It’s a bitcoin bull run and you've forgotten the password to your wallet. What’s next?Feb 4, 2021 at 5:11 p.m. UTCMeet the Technician Who Unlocks Your Forgotten Crypto WalletsBitcoin, while down from its all-time high, is still well above its previous highs over the past few years. And with any exponential rise in the price…

Apr 14, 2020 at 11:18 UTCBitcoin is struggling to gather upside traction on Tuesday despite a rally to multi-year highs for gold.The biggest cryptocurrency by market value, often touted as "digital gold," is trading near $6,900 at press time,  representing a marginal gain on the day, according to CoinDesk's Bitcoin Price Index. Prices jumped from…

Investment firms in the European Union that offer crypto alongside more traditional products could be misleading their consumers into a false sense of security, the European Securities and Markets Authority (ESMA) said in a Thursday statement.The EU agency said it's worried that firms may use a seal of regulatory approval they have to offer traditional…

feature The Takeaway: Experts say Hamas is now using bitcoin for cross-border fundraising at an unprecedented rate. Still, even the largest estimates of terror financing in the region are apparently dwarfed by civilian bitcoin usage in the Gaza Strip, local experts tell CoinDesk. General awareness in Palestine of bitcoin and ethereum has increased since 2018.…

news Micropayments startup SatoshiPay has partnered with Europe’s largest digital publishing house, Axel Springer SE, to process blockchain payments for its content globally. The U.K.-based startup announced Thursday that consumers of the Berlin-headquartered firm’s content can pay using SatoshiPay’s wallet, which is built based on Stellar blockchain technology. Axel Springer owns titles including Business Insider, Die Welt…

Dec 20, 2019 at 11:30 UTCFortress has reportedly issued a new – and lower – buyout proposal for claims from the creditors of defunct cryptocurrency exchange Mt. Gox. According to a one-page proposal obtained by Bloomberg, Fortress is offering Mt. Gox creditors 70 percent of their account value. Based on the current price of bitcoin,…