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Crypto News
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Tether's banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request.
Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says
The European Union's intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods.
Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown
crypto traders flock to OTC
First Mover Americas: BlackRock Files for a Spot Bitcoin ETF
The latest price moves in bitcoin (BTC) and crypto markets in context for June 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Binance Under Investigation in France for ‘Aggravated’ Money Laundering
Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks.
Professional Investors Still Have an Appetite for Digital Assets: Survey
A survey by Nomura’s digital asset subsidiary shows investors overwhelmingly say digital assets represent an important diversification opportunity.
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.
Binance to Quit Netherlands After Failing to Acquire License
The crypto exchange's attempt to secure a virtual asset service provider (VASP) license from the Dutch regulator was unsuccessful.
Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook
Total crypto market capitalization rose nominally with dogecoin (DOGE) leading gains among major tokens.
Avantgarde, Agio Digital Unveil Institutional Onchain Funds Platform
The platform will allow for users to set up fully regulated on-chain funds.