Share this article

WATCH: Lukka CEO Believes in a Future Full of Corporate Tokens

Lukka CEO and investor Jake Benson sees Libra's real value as a guinea pig that will allow regulators to test the limits of crypto.

Updated Sep 13, 2021, 11:12 a.m. Published Jul 18, 2019, 1:00 p.m.
Lukka CEO Jake Benson image via CoinDesk archives
Lukka CEO Jake Benson image via CoinDesk archives

https://www.youtube.com/watch?v=xbPURod8gJA

Jake Benson is a long-time industry entrepreneur and the CEO and Founder of Lukka, a comprehensive tool for calculating capital gains taxes for cryptocurrency. In this clip he and CoinDesk Editor Pete Rizzo talk about a future where corporate tokens aren't a "surprise."

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

"It's not a surprise to me that inevitably corporations are going after creating their own tokens but for Facebook to be one of the first big ones is is pretty much a surprise," he said.

"If this project is going to be successful I think they absolutely have to satisfy minimum requirements," he said. "But I also believe that the onus is on them to sort of demonstrate that there's an additional level of control and transparency that might be benefits of cryptocurrency that maybe weren't even possible before."

Benson expects to see a "more compliant" future... as long as the social media giant can avoid the problem of privacy invasion associated with the platform.

You can read our complete Libra coverage here and watch our CoinDesk LIVE interviews here.

watchmore

Higit pang Para sa Iyo

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

Ano ang dapat malaman:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

Higit pang Para sa Iyo

Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus

Quantum Computing Optics (Ben Wicks/Unsplash, modified by CoinDesk)

Some investors have revived concerns that quantum computing could threaten bitcoin, but analysts and developers say recent price weakness reflects market structure.

Ano ang dapat malaman:

  • Bitcoin’s recent price stagnation has sparked a renewed debate over quantum-computing risks, with investor Nic Carter arguing that quantum fears are already shaping market behavior.
  • On-chain analysts and prominent investors counter that the slowdown is better explained by large holders taking profits and increased supply hitting the market around the $100,000 level.
  • Most bitcoin developers still view quantum attacks as a distant, manageable threat, noting that proposed upgrades like BIP-360 provide a path to quantum-resistant security and are unlikely to explain short-term price moves.