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Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products

The service was rolled out in March last year, in an effort to make traditional financial companies “crypto-ready.”

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Traditional markets fell sharply as well, with the major U.S. stock indexes shedding more than 1% on Tuesday.

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel’s Republicans to question the SEC and FINRA about the company’s unique status.

Europe’s First Spot Bitcoin ETF Lists in Amsterdam

Jacobi first won approval for the fund in October 2021 with plans to list it in 2022. However the firm opted to push back its plans due to inopportune circumstances elsewhere in the digital asset market.

FDIC Crypto Warning Underlines U.S. Banking Agencies’ Arm’s-Length Policy

The Federal Deposit Insurance Corp. formally added crypto to its annual report on risks facing U.S. banks and says it’s set for “robust” talks about digital assets with bankers.

Crypto Mining Gets Its Own Lobbying Voice in Washington

Digital miners are creating the Digital Energy Council to advocate for their interests among politicians.

CEO Brian Armstrong has outlined ways for the industry to beat crypto winter, including a new lobbying group.

Aug 15, 2023 at 10:27 a.m. PDT

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Discovery

CoinDesk Podcast Network

Bankrupt Crypto Lender Celsius Reportedly Wants to Poll Customers; Coinbase’s International Push

The most valuable crypto stories for Tuesday, August 15, 2023.

Aug 15, 2023

Consensus Magazine

I Have 1M Questions About the PayPal Stablecoin. Here Are 5

The payments giant’s new stablecoin will compete with Tether’s and Circle’s coins, but it’s not breaking any new ground.

Aug 7, 2023

CoinDesk’s Money Reimagined

A possible ‘Crypto Twitter’ exit is likely as the algorithm changes with “forever” signups and Elon battles Mark over threads and data. Meanwhile, the FEDNow launches and the U.S. has achieved a historic moment with a bipartisan consensus on crypto regulation in the House…finally!

Aug 2, 2023

Consensus Magazine

Bitget Exchange Faces Lawsuit by Advisor of ReelStar Token Project After the Listing Goes Sour

Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.

Aug 3, 2023

RWA Tokenization: What Does it Mean to Tokenize Real-World Assets?

Traditional finance giants are excited about the idea of putting ownership of assets like precious metals, art, homes and more on the blockchain.

Jul 25, 2023

Consensus Magazine

The Untold Story of Worldcoin’s Launch: Inside the Orb

Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.

Jul 24, 2023

Wrapping Up Consensus 2023

Missed Consensus 2023? Catch up on some of the most important conversations here.

May 4, 2023 at 2:39 p.m. PDT

U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry

Trending in Crypto

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Aug 15, 2023

Disappearance of $900K Puts Focus on Vintage Bitcoin Project Libbitcoin

Aug 14, 2023

First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail

Aug 13, 2023

CoinDesk Markets Index Week in Review

Aug 12, 2023

Arbitrum Will Unlock $1.2B ARB in March 2024: Token Unlocks

On March 16, the layer 2 scaling solution will unlock a massive 1.11B ARB tokens.

Aug 15, 2023

Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products

The service was rolled out in March last year, in an effort to make traditional financial companies “crypto-ready.”

Aug 15, 2023

De.Fi’s Antivirus Tool Releases on zkSync Era Mainnet

The antivirus tool protects users against common malicious crypto exploits, such as phishing, smart contract vulnerabilities, blind signing, and more.

Aug 15, 2023

Disappearance of $900K Puts Focus on Vintage Bitcoin Project Libbitcoin

Aug 13, 2023

Policy

Policy

Crypto Mining Gets Its Own Lobbying Voice in Washington

Digital miners are creating the Digital Energy Council to advocate for their interests among politicians.

Aug 15, 2023

Policy

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel’s Republicans to question the SEC and FINRA about the company’s unique status.

Aug 15, 2023

Policy

FDIC Crypto Warning Underlines U.S. Banking Agencies’ Arm’s-Length Policy

The Federal Deposit Insurance Corp. formally added crypto to its annual report on risks facing U.S. banks and says it’s set for “robust” talks about digital assets with bankers.

Aug 15, 2023

Policy

G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency

G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summit in September.

Aug 15, 2023

Policy

Singapore’s Central Bank Releases Stablecoin Regulatory Framework

Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request

Aug 15, 2023

Policy

Donald Trump Holds Up to $500K in Crypto

The former U.S.president launched a NFT series last year.

Aug 14, 2023

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