Ohio Becomes Latest US State to Legally Recognize Blockchain Data

feature The Takeaway The Financial Action Task Force (FATF) is set to finalize new international standards for regulating cryptocurrency firms next month. Those standards are widely expected to subject crypto exchanges, wallet providers and others to the “travel rule” long followed by correspondent banks. Industry representatives say this requirement would be onerous if not unworkable…

Jan 31, 2020 at 20:01 UTCChart of ETH locked in DeFi lending platforms vs timeHow Fund Managers View Lending and Staking: 3 Takeaways From a CoinDesk Research WebinarNot everyone is totally excited about DeFi.Volatile crypto is nurturing its fixed-income side. Crypto lending activity is growing on decentralized finance (DeFi) networks. Staking, where investors reap payments…

In April, the U.S. Securities and Exchange Commission (SEC) reopened the comment period for proposed set of rules that would redefine various blockchain protocols as U.S. regulated securities exchanges, a second try at reining in decentralized finance (DeFi) from early 2022.The public has until Tuesday, June 13 to submit comments. And comment everyone should, because…

news The non-profit entity behind ethereum’s hottest decentralized startup is wracked with infighting, a legal letter obtained by CoinDesk reveals. The letter, dated April 1, is from an attorney representing five board members of the Cayman Islands-based MakerDAO Ecosystem Growth Foundation (MEGF) who say they were pressured to resign by CEO Rune Christensen in late…

Last week in The Protocol, we talked about the frenzy that was happening on the Friend.tech app, atop Coinbase’s Base blockchain – and made the point that, like a lot of crypto crazes, it might pass quickly. That appears to be happening now.But there is a lesson here from looking at Ethereum fees – that

To a startup founder working with a PR agency for the first time, the immediate impacts of a resonant campaign or an extended engagement might not seem clear. This seems especially true when notable influencers and entrepreneurs such as Balaji Srinivasan tell founders rather bluntly to “hire creators, not public relators”.This op-ed is part of

Fatemeh Fannizadeh, a lawyer specializing in the crypto industry at Geneva Legal, knows personally how the long arm of the U.S. financial laws can often sweep up innocent individuals. Born in Iran, raised in Switzerland, and now a resident of New York City, Fannizadeh said she has sometimes run into problems with banks and other

Jun 8, 2020 at 23:01 UTCUpdated Jun 9, 2020 at 14:43 UTCConsenSys' co-founder Joe Lubin (Credit: Michael del Castillo)ConsenSys’ new regulatory compliance product will be at hand to analyze transactions in the growing decentralized finance (DeFi) space. The Ethereum venture studio said the newly launched Codefi Compliance software suite would provide compliance and analytics for…

A number of well-known crypto startups had their eyes on BitTorrent prior to its acquisition by Tron's Justin Sun. CoinDesk has learned that in addition to Tron and Neo, blockchain governance-focused project Icon and Protocol Labs, the developers of Filecoin, also entered into talks with BitTorrent to explore a purchase. People familiar with the negotiations say…