Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman

Defunct crypto exchange FTX and its sister firm Alameda want to retrieve more than $71 million from FTX's philanthropic arm and other life science entities, according to court documents filed on Wednesday.This is the latest move by the bankrupt firm to recover funds for its customers. Last month, Alameda's lawyers sought the recover $700 million…

news “Big Four” auditing firm PwC’s Luxembourg branch will accept cryptocurrency payments from clients starting next month. The move, announced Monday, is a response to client demand and demonstrates PwC Luxembourg’s belief in blockchain technology’s “medium to long-term” role in the economy, the firm said. PwC Luxembourg said it partnered with a local exchange to facilitate…

news Salesforce, the leading provider of cloud solutions for business management, revealed its own blockchain solution today built on the Hyperledger Sawtooth platform. Executives made the announcement at the company’s tech conference, TrailheaDX. The product, named Salesforce Blockchain, is “a low-code blockchain platform that extends the power of CRM (client relations management).” The company says…

news Securitize, a firm that enables the issuance and management digital securities, announced its tenth on-chain digital asset. The Curzio Equity Owners’s (CEO) token represents an equity stake in the financial publishing analytics firm Curzio Research’s newsletter business. The token presents a path to invest in a “scalable, high-margin industry that is normally difficult for…

Stephanie Hurder, a CoinDesk columnist, is a Founding Economist at Prysm Group, an economic advisory focused on the implementation of emerging technologies, and an academic contributor to the World Economic Forum. She has a PhD in Business Economics from Harvard.  Enterprise blockchain is in the doldrums. Only three years ago, Gartner predicted that blockchain would produce…

Jul 22, 2020 at 09:31 UTCCole Diamond, CoinSquare CEO (Brady Dale for CoinDesk)Canada-based crypto trading platform Coinsquare has agreed to settle with the Ontario Securities Commission (OSC) after it was found senior executives told employees to make fake trades on the platform. Between Q4 2018 and Q1 2019, 90% of Coinsquare's reported volume was faked…

Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Amitoj Singh is CoinDesk's regulatory reporter covering India. He holds BTC and ETH below CoinDesk's…

news For the first time since August, there are now multiple bitcoin exchange-traded fund (ETF) proposals sitting before the U.S. Securities and Exchange Commission (SEC). The VanEck/SolidX proposal filed with Cboe BZX Exchange has now appeared in Wednesday’s edition of the Federal Register, officially kicking off the 45-day clock to an initial decision. It joins another bitcoin…

Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe.…