New York Finance Watchdog ‘Fiercely Opposes’ Sandboxes for Fintech Firms

Markets Daily Crypto RoundupWith the crypto market now reaching over $3 trillion in total market capitalization and a look at stablecoin regulation, CoinDesk’s Markets Daily is back with the latest news roundup.Listen on:

May 11, 2020 at 19:26 UTCUpdated May 11, 2020 at 19:42 UTC(Credit: The Trustees of the British Museum)Bitcoin's third halving, the network's quadrennial landmark and the most anticipated event this year in the cryptocurrency industry, has finally happened.Miners racing on the network to compete for freshly minted bitcoin produced the 630,000th block at 19:23 UTC…

Jun 1, 2020 at 11:50 UTCUpdated Jun 1, 2020 at 12:14 UTCWill Warren, co-founder of 0x, speaks at 0xpo. (Photo by Will Foxley for CoinDesk) First Mover: 0x’s ZRX Token Surged 67% in May to Become Month’s Top PerformerThe ZRX token from 0x, a developer at the forefront of the fast-evolving landscape for decentralized exchanges,…

Mar 16, 2020 at 13:00 UTCImage of Vertalo Chief Executive Dave Hendricks (middle), co-founder William Baxter (second from left) and other Vertalo employees. (Image courtesy Vertalo)More than 20 companies expect to tokenize securities on the Tezos blockchain, representing some $200 million in deals, through a new partnership with fintech merchant bank DealBox and software provider…

Dec 15, 2020 at 9:38 a.m. UTC(Mark Van Scyoc/Shutterstock)OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin ProvidersThe chief economist of the Office of the Comptroller of the Currency (OCC), a banking regulator within the U.S. Treasury, believes issuing national bank charters to “fintech shadow banks” could bring “substantial advantages.”In a paper titled “Chartering…

news French authorities shut down a botnet army responsible for crypto-jacking thousands of computers across 140 countries. Yesterday, French cybersecurity, officials dubbed “cyber gendarmes,” announced the disabling of a botnet force 850,000 servers strong operating mostly in Latin America. The botnet head was located in France and was inoculating computers with monero crypto-jacking software, according…

news “Currently, the Maker development team is going through its most difficult challenge that I have witnessed during my 3.5 years with the project.” So begins a document obtained by CoinDesk, entitled “Zandy’s Story,” dated April 3, 2019. It tells nearly the complete history of MakerDAO, an ethereum-based project best known for creating the stablecoin DAI,…

Only in crypto can a token deemed worthless by its developers be resurrected as a serious project by an “army” of followers.Calcium (CAL), a so-called dummy token created by the Shiba Inu team as part of a plan to renounce the bone (BONE) token contract, was issued by developers early on Friday. Over 50% of

news Australia’s government has committed AU$100,000 (US$71,139) funding for a blockchain industry trade mission to CoinDesk’s Consensus event in May. Minister for Industry, Science and Technology Karen Andrews and Minister for Trade, Tourism and Investment Simon Birmingham jointly announced Monday that the federal government funding is aimed to help Australia become “a global leader” in the…