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Bernstein says the quantum threat to Bitcoin is real but manageable

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Network news BERNSTEIN SAYS QUANTUM THREAT TO BITCOIN IS REAL, BUT MANAGEABLE: Wall Street broker Bernstein said the rise of quantum computers poses a credible but manageable threat to Bitcoin and the broader crypto ecosystem, as recent breakthroughs compress timelines for potential attacks on modern cryptography. Advances such as Google Quantum AI’s reported reduction in […]

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South Korea proposes comprehensive digital asset law, including stablecoin regulations

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South Korea’s ruling Democratic Party proposed a “Digital Asset Basic Act” on Wednesday that would establish a legal framework for digital assets, including issuance, trading, custody and supervision. “Digital assets are emerging as a core medium that connects the real economy and financial markets,” the proposal states. It defines value-linked digital assets, including those linked

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The US Treasury Department is proposing requirements that stablecoin companies be set up to monitor bad transactions

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A company that issues stablecoins in the United States would have a series of new duties to fend off criminals and keep government watchdogs informed about malicious actors, according to rules up for proposal by the U.S. Treasury Department reviewed by CoinDesk. A joint proposal from the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and

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Adam Back Denies He Is Satoshi Nakamoto After New Report Claims He Is Bitcoin’s (BTC) Creator

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Adam Back has dismissed claims that he is Satoshi Nakamoto after a New York Times story claimed the British cryptographer is the strongest contender for Bitcoins yet. BTC$71,689.42 pseudonym creator. In a post on X after the article was published, Back said his long record in cryptography, privacy tools and electronic cash research explains why

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BlackRock’s $55 billion IBIT fund faces its toughest rival yet in Morgan Stanley’s massive adviser network

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BlackRock’s most successful exchange-traded fund (ETF) faces its clearest challenge yet as Morgan Stanley rolls out a cheaper rival with direct access to trillions in client capital. Morgan Stanley’s ETF, which trades under MSBT and tracks the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate, began trading Tuesday with an expense ratio of 0.14%, below

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Morgan Stanley’s bitcoin ETF opens today, giving BlackRock’s $55 billion IBIT fund its fiercest rival yet

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BlackRock’s most successful exchange-traded fund (ETF) faces its clearest challenge yet as Morgan Stanley rolls out a cheaper rival with direct access to trillions in client capital. Morgan Stanley’s ETF, which trades under MSBT, began trading Tuesday with an expense ratio of 0.14%, below iShares Bitcoin Trust’s (IBIT) 0.25%. The spread is narrow, but lands

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Ceasefire lifts bitcoin, but animal spirits may not return anytime soon

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The crypto market is back on top after a two-week ceasefire between the US and Iran removed some of the geopolitical uncertainty and sent oil prices tumbling. Still, the dynamics of the energy market are such that it may be premature to assume that animal spirits will return to risk assets. Bitcoin BTC$71,839.65 has risen

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South Korean authorities mandate uniform withdrawal delays to curb fraud

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South Korea’s financial regulators have ordered all domestic crypto exchanges to adopt a single, strict system for delaying withdrawals, aiming to block a rise in speed-dependent voice phishing scams. The Financial Services Commission and the Financial Supervisory Service announced the new rules, removing the discretionary exchanges that were once supposed to let users bypass holding

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