Monday, May 13, 2024
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U.S. Crypto Crackdown Sure Looks Like an Attempt to Kill a Promising Industry: CoinDesk Editorial

My reasons for disbelieving that there is coordinated ill-intent are twofold, one rooted in idealism and the other cynicism. First, this is the U.S., the land of opportunity and freedom. A deliberate attack against the economic freedom that crypto represents would run against this country’s values. Second, this is the

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Macro Factors Like Interest Rates Are Moving Crypto Markets — CoinDesk

For the past nine months, overall macro conditions have taken a back seat to the idiosyncratic failures (FTX, Terra's LUNA/UST, BlockFi, CoinDesk sister company Genesis) and success stories (the Ethereum Merge, various layer 2 launches) that drove most of the price action. But macro regained its position behind the wheel

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Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo — CoinDesk

Whether the U.S. participates or not, the rest of the world is exploring and deploying CBDCs. According to the Atlantic Council, 114 countries, representing more than 95% of global gross domestic product, are exploring CBDCs. Actively engaged in this digital gold rush are 19 of the G-20 countries, including India,

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Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar — CoinDesk

At one level, his concerns are partly understandable. Depending on how it is technically designed and legally regulated, a consumer-facing CBDC could potentially amass and store large volumes of personal information about individuals’ daily purchases and movements. Domestically, groups including the American Civil Liberties Union have repeatedly stressed the importance

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401(k) Provider ForUsAll to Offer Crypto Investments Into CoinDesk Indices Constituents

"By leveraging CMIS, we can provide sophisticated self-directed investors access to a broad, diversified universe of the largest and most liquid crypto assets," ForUsAll CEO David Ramirez said in a press release, which said this is the first index-based digital asset offering available on a 401(k) platform in the U.S. Source

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