Genesis Requests Timetable for Sale, Creditor Claims

news The U.K. Advertising Standards Authority (ASA) has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX (HDR Global Trading). The advertising regulator published its decision on Wednesday, saying that it supported the four complaints against the ad that had claimed it “failed to illustrate the risk of the investment,” “exaggerated the…

Oct 22, 2020 at 15:00 UTCTron founder and BitTorrent CEO Justin Sun(CoinDesk archives)Justin Sun’s BitTorrent to Acquire Esports Platform for New Streaming EcosystemBitTorrent is going through another transformation. Announced Thursday, the peer-to-peer platform plans to acquire blockchain-based esports streaming service DLive.tv, which will be migrated – along with existing BitTorrent services – into a newly…

NEWS Aug 31, 2018 at 09:40 UTC Japanese e-commerce giant Rakuten is planning another step into the cryptocurrency industry with the acquisition of a local bitcoin exchange. The company said in an announcement that it has inked a share transfer agreement for 100 percent of an exchange called Everybody's Bitcoin on Friday. The acquisition appears to…

The issuance of crypto tax documents – like traditional 1099 forms – was finally required in the law two years ago, but the delay in proposing it may mean it slips another year.The new infrastructure could be difficult for the industry, though it could finally relieve regular investors’ fears of tax complications when they transact…

The crypto ETF era is just getting started, according to Matt Hougan, the chief investment officer of crypto fund issuer Bitwise. Crypto-native investors that have soured on Ethereum's ether (ETH) are underestimating its appeal to TradFi investors and developers. Crypto is in a great spot no matter who wins the U.S. election, he argues. 02:07

Michael J. Casey is the chairman of CoinDesk's advisory board and a senior advisor for blockchain research at MIT's Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Cash appears to be disappearing from China's teeming cities. Foreign tourists talk of struggling to…

May 29, 2020 at 16:29 UTCRussian Duma (Credit: Shutterstock/OlegDoroshin)Russia’s crypto industry is pushing back against a set of bills that would make it more difficult to operate in the Eurasian country. Russian lawmakers introduced a set of draft bills regulating digital assets earlier this month, which would effectively ban any transactions using crypto within the…

Mar 30, 2020 at 12:42 UTCUpdated Mar 30, 2020 at 13:26 UTCTelegram CEO Pavel Durov, photo via TechCrunch/Wikimedia CommonsTelegram has asked a court to clarify what exactly it must do to comply with the U.S. Securities and Exchange Commission (SEC) order banning the issuance of its gram tokens.Last week, U.S. District Court Judge Kevin Castel…

news Abu Dhabi Global Market (ADGM), an international financial free zone within the United Arab Emirates, says it has successfully completed the trial of a blockchain-based know-your-customer (KYC) application. ADGM announced Tuesday that the first phase the project has been concluded in association with its regulatory body, the Financial Services Regulatory Authority (FSRA), and project…