Crypto News

The latest price moves in bitcoin and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.

Value locked on the blockchain’s applications has more than doubled since November.

Moody’s Senior Director Yiannis Giokas said adoption accelerated this year, despite many destabilizing trends.

The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while it argues with the Securities and Exchange Commission for bespoke rules in the U.S.

The pace of real world asset tokenization picked up steadily in 2023. That’s likely to increase next year, with Ethereum well placed to benefit, says Cristiano Ventricelli, of Moody’s.

Advisors now have a better – but still nascent – array of investment options to help avoid the pitfalls of early-adopter risk and exploit a generational opportunity in 2024.

Developers also penciled in the end of February as a soft target for the upgrade to hit the main Ethereum blockchain.

France has been encouraging crypto companies to set up shop within its borders and take advantage of the clearer industry regulation than in the U.S.

Prometheum Inc., with the latest regulatory notch on its belt, is about to finally test whether a viable crypto platform can operate entirely within U.S. Securities and Exchange Commission (SEC) regulations.