The ban applies to fintechs and payment firms, closing the back-end payment rail for cross-border flows, but individual crypto investors can still buy and hold assets.
The agreement necessitates firms restructure reward programs from a “buy and hold” to a “buy and use” model; however, CCI raised concerns over its broad prohibition.
Developers and industry figures say the eCash proposal introduces user risk, uneven distribution and philosophical tension.
As Wall Street moves onchain, the year’s biggest crypto hack and DeFi crisis is forcing a rethink of risk, security and market structure, industry insiders told CoinDesk.
A new report from Bitget and Polymarket reveals that prediction markets are evolving into a $240 billion industry driven by retail users who are trading more frequently on everything from crypto to politics.
Bitcoin recovered from a midweek dip to $75,500 to climb back above $78,000 by Saturday morning in Asia, with the Senate’s stablecoin yield compromise removing a key roadblock to crypto market structure legislation.
A new design proposed by venture fund Paradigm would let holders privately timestamp proof that they control vulnerable keys before quantum computers arrive, creating a possible rescue path if Bitcoin ever sunsets old addresses.
The text released Friday blocks crypto firms from offering stablecoin yield offerings that look like bank deposits, but “bona fide” transactions are allowed.
AMD’s expansion and improved financing terms highlight Riot’s shift beyond bitcoin mining and strengthen confidence in its growing data center business.
The latest transaction follows a similar March deal in which the foundation sold 5,000 ETH to BitMine, raising roughly $10.2 million.
STRC’s volume weighted average price of $99.76 for April kept the dividend steady for a third consecutive month.
The Senate agreed unanimously to revise its rules to ban members and their staffs from wagers on prediction markets platforms.