Aoyon Ashraf

Aoyon Ashraf is CoinDesk's Global Head of News and is responsible for all of the editorial content and strategies. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from the University of Toronto with a degree in mining engineering. He holds ETH, BTC, and SOL that are above CoinDesk's disclosure threshold of $1,000. He also holds LINK, ATOM and some other altcoins that are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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News Analysis

IRS Guidance Limited in Scope but Good News for Crypto Treasury Firms

Digital asset treasury companies won't have to pay taxes on their crypto holdings under new interim guidance.

IRS (Jesse Hamilton/CoinDesk)

Markets

Hyperliquid Still Best-Positioned Perp DEX Despite Aster’s Surge, DeFi Analyst Says

Perp DEX competition is heating up, but DeFi analyst Patrick Scott says Hyperliquid’s revenue, open interest and ecosystem give it staying power.

Abstract illustration with glowing cubes representing perp DEXes

Policy

Coinbase-Backed Pilot Program Hands Out $12,000 in Crypto to Low-Income New Yorkers

A new Coinbase-funded pilot in New York is exploring how crypto aid via dollar-backed stablecoin USDC could change the lives of young adult residents.

New York Skyline

Finance

Abu Dhabi Bans Crypto Mining on Farms, Citing Energy Use

Farms caught mining cryptocurrency will face penalties, including a fine of 100,000 dirham ($27,000), doubled for repeat offenses.

Data center servers

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Finance

ETH Treasury Firm to Tokenize Nasdaq-Listed Shares on Ethereum With Securitize

The move positions FG Nexus (FGNX) among the first Nasdaq-listed firms to bring dividend-paying stock on blockchain rails.

Ethereum (CoinDesk)

Finance

Bullish to Offer Bitcoin Options Trading With Top-Tier Consortium of Trading Partners

The new offering comes as there is an increasing demand for hedging instruments across the full spectrum of crypto products.

Crypto exchange Bullish goes public on the New York Stock Exchange. (Aoyon Ashraf/Modified by CoinDesk))

Policy

Leading Democrat Wyden Continues Probe Into Pantera Founder Morehead's Taxes

Sen. Ron Wyden, who leads Democrats on the Senate's tax committee, said he is investigating whether Dan Morehead misstated his taxes from crypto capital gains.

Sen. Ron Wyden, who heads the Committee on Finance, speaks at Consensus 2024. (Shutterstock/CoinDesk)

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Markets

Memecoins Are No Longer a Joke, Galaxy Digital Says in New Report

Galaxy’s Will Owens says memecoins have become a lasting part of crypto, reshaping culture, trading and infrastructure while fueling activity on Pump.fun.

Abstract digital illustration representing the memecoin landscape

Finance

Swiss Bank Sygnum Unveils Bitcoin Yield Fund as BTC DeFi Demand Grows

The BTC Alpha Fund aims for 8%-10% annual returns through arbitrage while keeping full Bitcoin exposure.

Swiss flag in alpine landscape, symbolizing Sygnum’s Swiss roots (Janosch Diggelmann/Unsplash)