Commodities

Binance offers gold and silver options after commodity futures pull in billions in daily volume
The crypto exchange unveils commodity options following strong uptake for gold and silver perps.

Commodity traders are getting debanked due to Iran war, pushing them to rely on stablecoins
As banks retreat from trade finance amid Iran-linked risk fears, non-bank lenders and traders are increasingly turning to stablecoins for settlement, according to Haycen’s Luke Sully.

Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities
The newly launched bitcoin exchange-traded funds already have nearly $30 billion in assets under management. Silver ETFs only have $11 billion.

Crypto Industry Goes Nuclear With Uranium-Linked Tokens
The Uranium3o8 tokens are backed by uranium from the publicly-listed Canadian exploration and development firm Madison Metals.

U.S. Court Calls ETH a Commodity; Binance to 'Gradually' End Support for BUSD Products
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today. Elon Musk's social media platform, X, obtains money or currency transmitter licenses in seven U.S. states. A New York court is classifying ether and bitcoin as "commodities", what it means for a proposed class action lawsuit against Uniswap. Plus, the timeline for Binance ending support for its BUSD stablecoin.

Securities vs. Commodities: Why It Matters For Crypto
The debate over whether cryptocurrencies should be defined as securities, like stocks, or commodities, like wheat or gold, has implications for whether, how and by whom they are regulated.

Commodity Futures Trading Commissioner on the Role of Privacy for Digital Transactions
At Consensus 2023, the Commodity Futures Trading Commissioner, Christy Romero, discusses the ideas of digital identity and financial privacy.

U.S. CFTC Chief Behnam Reinforces View of Ether as Commodity
That view differs from the apparent SEC view that ETH may be a security.

Indonesia Delays Crypto-Stock Exchange Launch Again, This Time Until June: Report
The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021.

Indonesia Regulatory Switch Could See Crypto Classed as Securities, Not Commodities
A new law in Indonesia not only changes the crypto regulatory environment, it could also broaden the industry’s development in the country.

