Commodities

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.

Co-Author of Biden's Executive Order on Crypto Explains How to Get Clarity in Defining Digital Assets
Following U.S. President Joe Biden's executive order that directed federal entities to comprehensively regulate the industry, regulatory uncertainty still remains in the crypto markets. One of its authors Carole House, who is a former White House director of cybersecurity and secure digital innovation at the National Security Council and currently an executive in residence at Terranet Ventures, cites the The Digital Commodities Consumer Protection Act to clarify the definition around securities versus commodities.

Investors’ Time Horizons Will Determine Their Bitcoin Positions
The most recent Commitment of Traders report, released each Tuesday by the Commodity Futures Trading Commission, shows that reportable positions for asset managers are now 80% long and 20% short bitcoin futures.

Indonesia tiene planes globales para las criptomonedas locales
El país considera a los tokens como una forma de impulsar su economía.

Why Indonesia Is Bullish About Crypto Adoption
The Indonesian government is pushing for locally issued crypto tokens to one day join palm oil or coal among the country's major export commodities. CoinDesk’s Emily Parker discusses the current state of crypto adoption in Indonesia.

Indonesia Has Global Plans for Local Crypto Tokens
The country sees the tokens as a way to boost its economy.

Blockchain Startup Diamond Standard Raises $30M to Fund Expansion
The Series A round is led by venture capital firm Left Lane and investment management firm Horizon Kinetics.

Blockchain Startup Aims to Open the $1T Diamond Market to More Investors
Diamond Standard believes tokenizing diamonds will make investing in the precious stones easier and more efficient.

Corn Farmers Hedge Their Crops With Futures. This Solana DEX Wants Vaildators to Follow Suit
Cypher, which launched a new service Wednesday, thinks the futures markets can help validators hedge their risks.

Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May
BTC is lagging equities and gold so far this year, although returns are typically positive in May.
