PayPal Mafia alum and Craft Ventures co-founder David Sacks became one of US President Donald Trump’s earliest major picks for a crypto role as he prepared to retake office, naming Sacks as the White House AI and Crypto Czar in December 2024. And in that role, Sacks has seen Congress pass the first major piece […]
Most Influential: David Sacks Read More »
President Trump said Monday that his administration had authorized Nvidia to begin selling its second-largest chip to China, a big step up from what the artificial intelligence chipmaker had been allowed to offer Beijing. The administration had spent months grappling with whether it was comfortable relaxing its policy on the sale of a critical AI
Trump rejects sale of more powerful Nvidia AI chips to China Read More »
The Commodity Futures Trading Commission (CFTC) on Monday launched a pilot program allowing selected digital assets – bitcoin BTC$90,968.32ether ETH$3,131.55 and USD Coin (USDC) or other stablecoins – for use as collateral in US derivatives markets. The program, announced by Acting Chair Caroline Pham, is part of a broader push to give market participants clear
BTC, ETH, USDC as Collateral in CFTC Crypto Pilot Read More »
The traditional banking sector has tried to slow the rise of institutions seeking charters as trust banks that will serve customers with digital assets, and Jonathan Gould, the head of the Office of the Comptroller of the Currency, said such hesitation would “risk reversing innovations.” “The OCC hears almost daily from existing national banks about
US regulator pushes back on banks fighting Crypto’s pursuit of trust charters Read More »
Bitcoin BTC$91,580.81 attempted a late weekend rally, but even those small gains were mostly reversed in early US action on Monday, with the price quietly falling near the $90,000 area for the rest of the day. Trading around $90,500 as US stocks closed, bitcoin was lower by about 1% over the past 24 hours. Altcoin
Weakness versus equities speaks to weak demand Read More »
The Tennessee Republican sponsored the first piece of stablecoin legislation to become US law.
Most Influential: Sen. Bill Hagerty Read More »
The Central Bank of Argentina (BCRA) is analyzing the lifting of the crypto ban on banks and allowing them to provide account holders with digital asset-related services, according to the Argentine newspaper, La Nacion. The new rules for banks could be ready as early as April 2026, La Nacion reported, citing sources close to the
Argentina’s central bank nominates to Greenlight Crypto Services for domestic banks Read More »
Welcome to CoinDesk’s Most Influential 2025. This year, Bitcoin broke an all-time high hitting $126,000 a few short months ago, Ethereum saw not one but two major network upgrades go into effect, Solana broke into Wall Street and through it all retail and institutional traders gained ever more access to crypto markets through packaged products
CoinDesk’s Most Influential 2025 Read More »
The Canadian Revenue Agency (CRA) revealed that 40% of taxpayers using crypto-active platforms are evading crypto taxes or are at high risk of non-compliance, the Canadian Press reported on December 7. The news outlet said it received an email statement from the CRA, which said it has 35 auditors in its cryptoasset program working on
Canada Struggles to Track Crypto Taxes Like $100M recovered in audits Read More »
Crypto asset manager CoinShares said digital assets are shifting from an outside-the-system experiment to a core layer of financial infrastructure as large institutions build on public blockchains. In its 2026 Digital Asset Outlook published on Monday, the investment firm argued that the next phase will be defined by convergence, not disruption, calling it “hybrid finance”
Digital assets must shift from disruption to integration by 2026, says CoinShares Read More »
