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$143.31-2.19%
XRP
$0.50392189-0.26%
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$6.92-5.02%
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Cardano
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J. Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission, is joining the Paxos board. (Shutterstock/CoinDesk)
Policy
Regulations
'CryptoDad' Giancarlo Joins Paxos Board
J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.
J. Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission, is joining the Paxos board. (Shutterstock/CoinDesk)
By Jesse Hamilton
May 14, 2024 at 1:01 p.m. UTC
May 14, 2024
RegulationsChris GiancarloPaxosPaypal usdBoard of DirectorsExclusive
Karn Saroya, CEO of Re (Re)
Finance
Reinsurance
RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual
The company aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.
Karn Saroya, CEO of Re (Re)
By Krisztian Sandor
May 14, 2024 at 1:00 p.m. UTC
May 14, 2024
reinsuranceNexus MutualTokenizationReal World Assets AvalancheExclusive
Solana Hacker House in Miami (Danny Nelson/CoinDesk)
Finance
Jito labs
Restaking 'Gold Rush' Spreads to Solana From Ethereum, With Jito and Others Joining In
The race is on to build a dominant restaking protocol for Solana.
Solana Hacker House in Miami (Danny Nelson/CoinDesk)
By Danny Nelson
May 1, 2024 at 12:01 p.m. UTC
May 1, 2024
Jito labsRestakingEigenLayerSolanaExclusive
An effort to attach a stablecoin bill to another must-pass piece of legislation looks to be unlikely to succeed. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments...
An effort to attach a stablecoin bill to another must-pass piece of legislation looks to be unlikely to succeed. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Apr 30, 2024 at 7:49 p.m. UTC
Apr 30, 2024
Regulationsstablecoin billStablecoinsLegislationCongressPatrick McHenrySherrod BrownExclusive
Paradigm co-founder Fred Ehrsam (Brady Dale/CoinDesk)
Finance
Exclusive
Paradigm Special Counsel Has Left the Crypto-Focused VC Firm
Rodrigo Seira has rejoined Cooley LLP, the law firm where he worked previously, according to his LinkedIn profile.
Paradigm co-founder Fred Ehrsam (Brady Dale/CoinDesk)
By Will CannyIan Allison
Apr 30, 2024 at 3:32 p.m. UTC
Apr 30, 2024
Exclusive Paradigm
eiffel tower (Chris Karidis/Unsplash)
Finance
Bcb group
Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France
The payments processor has been authorized by France’s financial regulators, the ACPR and the AMF, to act as an Electronic Money Institution (EMI) and Digital Assets Services...
eiffel tower (Chris Karidis/Unsplash)
By Will Canny
Apr 29, 2024 at 1:00 p.m. UTC
Apr 29, 2024
BCB GroupExclusive EuropeFrance
bitcoin, money, virtual. (Leamsii/Pixabay)
Finance
Bitcoin
Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M
The startup is one of the first to build tokenized tech for Bitcoin's Runes era.
bitcoin, money, virtual. (Leamsii/Pixabay)
By Danny Nelson
Apr 26, 2024 at 12:00 p.m. UTC
Apr 26, 2024
BitcoinStablecoinRunesVenture CapitalExclusive
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Policy
Regulations
Nigeria’s Central Bank Deletes Then Reinstates Tweet Calling Crypto-Related Directive Fake
The Central Bank of Nigeria did not immediately respond to CoinDesk’s request for comment.
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
By Amitoj Singh
Apr 24, 2024 at 9:26 a.m. UTC
Apr 24, 2024
RegulationsNigeriaBinanceOKXBybitKuCoinTigran GambaryanExclusive
Kraken (DreamStudio/CoinDesk)
Finance
Exclusive
Kraken Is Buying TradeStation Crypto, Expanding Cryptocurrency Exchange's U.S. Reach
The takeover, which hasn't been previously disclosed publicly, expands the cryptocurrency exchange's regulatory licensing in the U.S.
Kraken (DreamStudio/CoinDesk)
By Ian Allison
Apr 18, 2024 at 6:12 p.m. UTC
Apr 18, 2024
Exclusive Krakenmergers and acquisitions
OKX's Tim Byun (OKX)
Finance
Okx
OKX 'OG' Execs Tim Byun and Wei Lan Leave Crypto Exchange
Byun, who spent two years as CEO of Okcoin, had built out a global government relations role; Wei Lan was head of product for the exchange.
OKX's Tim Byun (OKX)
By Ian Allison
Apr 16, 2024 at 7:26 p.m. UTC
Apr 16, 2024
OKXExclusive