Business

November could be the new October for US after shutdown delays SEC decisions

Business / Leave a Comment

October was supposed to be the month when long-awaited crypto exchange-traded funds (ETFs) finally hit the US markets. Deadlines for the Securities and Exchange Commission (SEC) to approve or reject several spot crypto ETF applications were set during the month. But when the US government shut down, the process froze – and deadlines stopped meaning. […]

November could be the new October for US after shutdown delays SEC decisions Read More »

‘We see significant revenue potential from Arc over time’

Business / Leave a Comment

Speaking to CNBC’s Sara Eisen on the sidelines of the 2025 edition of the Future Investment Initiative in Riyadh, Saudi Arabia, Circle Internet Group’s (CRCL) Jeremy Allaire described Arc as “a financial OS for the Internet,” arguing that core financial workflows move in the chain and require predictable costs and performance. He said Arc is

‘We see significant revenue potential from Arc over time’ Read More »

Latin American Crypto Exchange Ripio Launches Argentine Peso Stablecoin ‘wARS’

Business / Leave a Comment

Ripio, a Latin American crypto exchange with more than 25 million users, has launched a new stablecoin pegged to the Argentine peso. The token, called wARS, is now live on Ethereum, Coinbase’s Base and World Chain, reports local news outlet La Nacion. The peso-backed token allows users to send and receive money around the world,

Latin American Crypto Exchange Ripio Launches Argentine Peso Stablecoin ‘wARS’ Read More »

Bitcoin broke the Uptober streak, but a handful of altcoins managed to finish higher

Business / Leave a Comment

Bitcoin closed down in October, snapping its six-year “Uptober” streak, while BNB rallied as a mid-month jolt left most majors stuck below early highs. The shock landed on October 10 when President Donald Trump threatened steep new tariffs on China amid rare earth tensions, touching off a broad risk-off movement. Bitcoin slid from around the

Bitcoin broke the Uptober streak, but a handful of altcoins managed to finish higher Read More »

The government shutdown is approaching a record

Business / Leave a Comment

The ongoing US government shutdown is already the second-longest in the country’s history and could break the record for longest next week. That doesn’t bode well for crypto legislation’s chances of actually becoming law in the near future. You’re reading State of Crypto, a CoinDesk newsletter that looks at the intersection of cryptocurrency and government.

The government shutdown is approaching a record Read More »

ARK Invest’s crypto exposure tops DKK 2.15 billion. USD as bullish holdings rise across 3 funds

Business / Leave a Comment

Cathie Wood’s ARK Invest widened its crypto bets again this week, increasing its stake in Bullish by more than 105,000 shares, worth about $5.3 million. The purchase, spread across ARK’s three actively managed ETFs — ARKK, ARKW and ARKF — brings ARK’s total position in Bullish, CoinDesk’s parent company, to about 2.27 million shares worth

ARK Invest’s crypto exposure tops DKK 2.15 billion. USD as bullish holdings rise across 3 funds Read More »

BTC Whitepaper published on this day in 2008

Business / Leave a Comment

The Bitcoin White Paper, A Peer-to-Peer electronic cash systempublished by the mysterious and pseudonymous Satoshi Nakamoto, turned seventeen yesterday. Released on October 31, 2008, in the midst of the global financial crisis, the nine-page document laid the groundwork for what would become the world’s first cryptocurrency. The white paper outlined a vision for a decentralized,

BTC Whitepaper published on this day in 2008 Read More »

MiCA will not save us from a Stablecoin crisis. It could be building one

Business / Leave a Comment

Europe’s landmark crypto regulation, MiCA, was intended to end the “Wild West” era of stablecoins. Proof of reserves, capital rules, redemption requirements: On paper, the framework looks reassuring. Yet, in practice, MICA does little to prevent the kind of systemic risks that can emerge when stablecoins become part of the global financial ecosystem. The irony

MiCA will not save us from a Stablecoin crisis. It could be building one Read More »

Scroll to Top