The regulatory provisions outlined in the US Digital Asset Market Structure Clarity Act, otherwise known as the CLARITY Act, threaten to give large financial institutions control over crypto, according to Dr. Friederike Ernst, co-founder of the Gnosis blockchain protocol. Regulations in the CLARITY crypto market structure bill assume that activity must pass through centralized intermediaries,…
Leah Callon-Butler recently wrote that crypto’s rock-and-roll era is over, and she’s mostly right about the arc. But I lived inside the music industry when rock and roll actually died, and there’s more to the story. I was a product lead at Universal Music during the torrent era. I sat in the rooms where executives…
Though we’re still waiting on a lot of the formal rulemaking and proposed rulemaking from the federal securities and commodities regulators, last week’s memo is another sign that the SEC and CFTC are at least serious about signalling these efforts are coming. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of…
Wall Street’s biggest exchanges are embracing digital assets by aiming to put the $126 trillion equity market on blockchains — but they are not going at it alone; rather, they are relying on crypto exchanges to get there. Over the past week, two of the world’s most powerful exchange operators — Nasdaq and Intercontinental Exchange…
Bitcoin is on track to close its strongest week since September 2025, rising about 8.5% and trading above $71,000. The move stands out relative to other major assets. Over the past week, bitcoin has begun to diverge slightly from the broader market. Using BlackRock’s iShares Bitcoin Trust (IBIT) as a five-day proxy, IBIT is up…
Vienna, Austria-based crypto broker Bitpanda is leaning into a strategy it has been quietly building for years: keep its retail business anchored in Europe while expanding globally by supplying crypto infrastructure to banks and financial firms. The company’s next phase of growth will focus less on raw user numbers and more on geographic reach, Vishal…
Bitcoin could eventually reach $1 million per coin if it captures a larger share of the global store-of-value market currently dominated by gold and government bonds, according to Bitwise Asset Management CIO Matt Hougan. In a report earlier this week, Hougan said bitcoin’s long-term upside depends less on short-term market cycles and more on how…
Your AI just made several payments while you read that headline. You approved none of them. Visa processed none of them. And if the crypto industry’s biggest bulls are right, that’s not a bug — it’s the entire future of the internet economy. Coinbase founder Brian Armstrong thinks there will soon be more AI agents…
Prediction markets have long promised to aggregate insights about future events. Increasingly, those signals are coming not just from people, but from machines. According to David Minarsch, CEO and co-founder of Valory AG, the team behind the crypto-AI protocol Olas, autonomous AI agents are emerging as powerful tools for trading prediction markets, particularly for retail…
Regulatory uncertainty around stablecoins could place traditional banks at a greater disadvantage than crypto companies, according to Colin Butler, executive vice president of capital markets at Mega Matrix. Butler said financial institutions have already invested heavily in digital asset infrastructure but remain unable to deploy it fully while lawmakers debate how stablecoins should be classified….
