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Crypto Lender Nexo Acquires Minority Stake in OCC-Regulated Summit National Bank

The deal will enable Nexo to open bank accounts with Summit National Bank, as well as enhancing its other products.

Antoni Trenchev Co-Founder Nexo (Shutterstock/Coindesk)

Piyasalar

La inflación de los Estados Unidos de agosto es más alta de lo previsto y bitcoin cae 4%

La inflación núcleo, más seguida por traders, aumentó 0,6% en agosto, un incremento mucho más alto que el de julio.

(Archivo de CoinDesk)

Piyasalar

Bitcoin, Ether Consolidate as Traders Eye US Jobs Report to Gauge Next Fed Rate Hike

Instead of weighing the broader path for interest rates or the terminal rate, markets are trading the odds on the Fed's Sept. 21 decision: 50 bps or 75 bps, one trading firm said.

The U.S. payrolls report may help determine the scale of the impending Fed rate hike and move markets. (Alex Kotliarskyi/Unsplash)

Politika

BitConnect Founder, Indicted in US Over Missing Bitcoin, Is Now Wanted in India, Too

Satish Kumbhani and six others were named by an unidentified lawyer in a complaint over missing bitcoin.

Temple in Pune, India (Anand Dhumal/Pixabay)

Politika

CFTC Commissioner: I Like Being an Underdog Versus the SEC

Kristin Johnson also suggested her agency might be able to be more responsive than the SEC because it's smaller.

CFTC Commissioner Kristin N. Johnson and Conrad Bahlke, counsel at Willkie Farr & Gallagher at Crypto Connection 2022 (Amitoj Singh/CoinDesk)

Videolar

Sino Global Capital CEO on ‘Catalyst’ for Next Crypto Cycle

Matthew Graham, Sino Global Capital CEO, discuses his outlook on the crypto markets as U.S. inflation hits a 40-year high.

CoinDesk placeholder image

Politika

Congreso estadounidense podría aprobar ley de stablecoins este año, según legisladores

El colapso de terraUSD no ha hecho más que echar más leña al fuego para aquellos que dicen que el sector necesita claridad regulatoria, y rápido.

El senador Pat Toomey interviene en la conferencia Consensus 2022 en Austin, Texas. (Christian Barrett)

Politika

CFTC Chairman 'Encouraged' by Bill in Congress to Give the Agency More Crypto Oversight

Rostin Behnam noted the bill would allow the CFTC to assess fees on the industry.

El ex comisionado de la CFTC, Dawn Stump, el presidente de la CFTC, Rostin Behnam, y el director de Contenido de CoinDesk, Michael Casey, hablan en Consensus 2022. (Nikhilesh De/CoinDesk)

Videolar

Should Crypto Exchanges Take an Active Role in Identifying Bad Actors?

Western business withdraws from Russia en masse, but major cryptocurrency exchanges in the U.S. refuse to ban Russian citizens from accessing their services. Max Galka, the founder and CEO of New York-based blockchain search engine Elementus, argues that access to cryptocurrency exchanges may serve as an alternative for Russian citizens who view government policy as a barrier. However, bad actors from Russia can still use crypto. Is there a way for governments to track, target and contain them?

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Politika

'I Don't Push Anything': Mayor Francis Suarez on MiamiCoin

Suarez, who praised the MiamiCoin initiative last year, said bad tokenomics may have led to the private cryptocurrency created to benefit the U.S. city shedding 95% of its value in a matter of months.

Miami Mayor Francis Suarez says the tokenomics of MiamiCoin, a private cryptocurrency that promised to benefit his U.S. city, are off. (Nikhilesh De/CoinDesk)