German Finance Minister Says He Does Not Support Private Cryptos: Report

A bitcoin futures exchange-traded fund (ETF) launched this morning – and saw strong demand from investors.This indicates some amount of market maturity and acceptance from regulators at the U.S. Securities and Exchange Commission (SEC), but also raises new questions about whether the format of the product is appropriate for investors and when a physical ETF…

May 15, 2020 at 17:10 UTCUpdated May 15, 2020 at 17:25 UTC(Credit: Chris Yang on Unsplash)Money Reimagined: No, Secretary Summers, Money Privacy Is a Vital FreedomIt was a provocative way to start the biggest cryptocurrency and blockchain event of the year.In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my…

Layer-1 blockchain Solana (SOL) led the way in 2023 in terms of token price gains, with other altcoins Avalanche (AVAX), Stacks (STX) and Helium’s (HNT) following closely behind. The digital asset gains came as the largest cryptocurrency by market value, bitcoin (BTC), also witnessed a strong year amid growing optimism that spot bitcoin exchange-traded funds

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.An onchain metric suggests that litecoin (LTC), the 12th largest cryptocurrency by market value, is trading at discounted prices. Litecoin's market value to realized value (MVRV) Z-score was…

Jun 9, 2020 at 13:52 UTCUpdated Jun 9, 2020 at 14:18 UTCRipple CEO Brad Garlinghouse (Credit: Nikhilesh De for CoinDesk)Ripple and CEO Brad Garlinghouse say an ongoing lawsuit fails to show how Garlinghouse committed fraud when allegedly selling millions of dollars’ worth of XRP in 2017. Lawyers representing the San Francisco-based blockchain company said in…

At one level, his concerns are partly understandable. Depending on how it is technically designed and legally regulated, a consumer-facing CBDC could potentially amass and store large volumes of personal information about individuals’ daily purchases and movements. Domestically, groups including the American Civil Liberties Union have repeatedly stressed the importance of maintaining cash-like privacy, should…

Bim Afolami, the member of parliament for Hitchin and Harpenden, was appointed economic secretary to the U.K. Treasury on Monday, a role that includes responsibility for crypto and central bank digital currency (CBDC) policy.Afolami replaces Andrew Griffith, who had said he wanted the country to be a crypto hub despite the collapse of crypto exchange

news Iran is officially recognizing cryptocurrency mining as an industry within its borders. According to the Iranian government’s Chamber of Commerce, Industries, Mines and Agriculture, an economic commission approved crypto mining on Sunday, with the government now looking for ways to regulate this activity within its existing legal structure. “A mechanism to mine digital coins…

Aug 4, 2020 at 18:47 UTCUpdated Aug 4, 2020 at 19:08 UTC‘Rat Poison Squared on Steroids’: What’s New in Bitcoin’s Latest Lightning ReleaseAll eyes are on bitcoin‘s bullish price at the moment. Behind the scenes, however, developers are tinkering to build the infrastructure that many hope could make the Bitcoin system more accessible to more…