YouTube star Logan Paul has set a new Guinness World Record, selling his rare Pokémon card for nearly $16.5 million on Monday — the most expensive card sale in history — though the new record sale didn’t come without controversy. The auction for the Pikachu Illustrator Pokémon card — one of 39 created in a…
Binance co-founder Changpeng “CZ” Zhao warns crypto’s lack of privacy blocks everyday adoption, echoing CoinDesk Consensus Hong Kong panelists who called it a barrier to widespread institutional use. Blockchain’s total transparency gets hyped as the ultimate democratization middle finger to shady banks and Wall Street fat cats operating in the dark. But here’s the catch:…
Russia’s Ministry of Finance has estimated the country’s daily cryptocurrency turnover at 50 billion rubles, or roughly $650 million, with annual activity exceeding 10 trillion rubles, around $130.5 billion. The figures were shared by Deputy Finance Minister Ivan Chebeskov at the Alfa Talk conference, highlighting the growing scale of unregulated crypto use in the country,…
HONG KONG — Oleg Ogienko, A7A5’s director for Regulatory and Overseas Affairs, is looking to debate anyone who accuses him of breaking any compliance laws through his stablecoin company. Speaking to CoinDesk during Consensus Hong Kong, the public face of the Ruble-denominated stablecoin issuer A7A5 — which grew faster last year than USDT or USDC…
Digital asset venture capital company Animoca Brands has won regulatory approval in Dubai. Animoca has been granted a Virtual Asset Service Provider (VASP) license from the Emirate’s regulatory authority for the digital asset industry, the firm announced via email on Monday. The Hong Kong-headquartered company, which won in-principle approval as a regulated fund manager in…
Bloomberg Intelligence macro strategist Mike McGlone said Monday that collapsing crypto prices may signal broader financial stress, warning bitcoin could revert toward $10,000 and potentially foreshadow the next U.S. recession. In a post on X, McGlone also said the long-standing “buy the dip” mentality that has supported risk assets since 2008 could be breaking down…
Nexo is set to return to the U.S. market, saying it has officially rolled-out a suite of digital asset offerings and trading infrastructure from the U.S.-based Bakkt. The digital asset wealth platform withdrew from the U.S. in late 2022 after what it called a “dead end” in negotiations with state and federal regulators over its…
Policymakers across North America are worrying about what the energy usage of crypto, artificial intelligence and other data centers might mean for the affordability of regular customers, but crypto investment firm Paradigm argues that the government should leave bitcoin mining operations out of it. Mining bitcoin does take a tremendous amount of electricity. But the…
Hong Kong’s Securities and Futures Commission (SFC) granted a crypto license to Victory Fintech (VDX), an affiliate entity of publicly listed financial services firm Victory Securities (8540). Victory won permission to operate a digital asset trading platform on Friday, according to the SFC’s registry of licensed crypto firms, the first addition since June 17 last…
Last year restored crypto’s institutional footing. This year, according to Silicon Valley Bank (SVB), is when it becomes more integrated into the financial system. Regulatory clarity improved in 2025, institutional engagement accelerated and capital markets reopened. Now the focus is shifting from price cycles to infrastructure as digital assets become more deeply embedded into payments,…
