Author: CoinDesk

Implied volatility metrics show no signs of panic after the SEC filed lawsuits against the two cryptocurrency exchanges.

Today's Stories:

Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted

Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says

Coinbase CEO Armstrong Says Not Shutting Down Staking Service

Crypto Exchange Binance Says Gensler Once Offered to Be an 'Informal Advisor'

Stablecoin Regulation Is a Sticking Point Between the G-7 and G-20 Emerging Economies

Markets Links:

BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch 

Bitcoin Traders Shrug Off U.S. SEC's Action Against Binance, Coinbase

First Mover Americas: SEC-Targeted Tokens Tumble

DeFi Unfazed by SEC's Classification of Tokens as Securities

This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The back-to-back lawsuits present new questions about the future viability of crypto exchanges in the U.S.

“Carpe Consensus” hosts Ben Schiller and Cam Thompson are joined by Nik De, CoinDesk's managing editor for global policy and regulation, to recap the wild week in regulation.

• [2:57] Inside the Desk: Monday morning, Binance was sued by the SEC. Tuesday, the same fate befell Coinbase. Nik De breaks down the technicalities and what these regulatory actions mean for the broader industry.
• [18:53] Consensus @ Consensus: CoinDesk published its inaugural Consensus @ Consensus Report, detailing insights and recommendations gathered from Consensus 2023.

“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by PayPal.

The most valuable crypto stories for Wednesday, June 7, 2023.

"The Hash" panel explores today's top stories moving the crypto markets: a U.S. judge ordered the SEC to respond to Coinbase’s rulemaking petition within a week. Separately, in stablecoin land, Circle Singapore received its Major Payment Institution (MPI) license for digital payment token services in Singapore, while lending protocol Aave’s gho (GHO) stablecoin took a step closer to an Ethereum mainnet launch. Plus, Louis Vuitton is releasing physical-backed NFTs, and pepecoin (PEPE) investors may only have a limited window for potential gains.

See also:

Coinbase CEO Armstrong Says Not Shutting Down Staking Service 

The SEC Is Fighting the Last War

SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations

Stablecoin Issuer Circle Receives Digital Token License in Singapore

Louis Vuitton To Release $42,000 Physical-Backed NFTs

3 Reasons Why Beauty on the Blockchain Makes Sense

This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

From our Sponsor:

PayPal provides a secure and convenient platform for converting dollars into crypto. Start exploring new web3 applications with peace of mind knowing that PayPal has your back. Buy, Sell, Hodl, Transfer, Send, and Checkout with Crypto. All with PayPal. Get started today at PayPal.com/crypto.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

The process of rule-making to determine a ‘Security’ is an unsettled issue that may need to be resolved in court. And separately, why the rise of AI, requires effective governance. 

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren first, examine the latest regulatory news concerning the SEC's suit against both Binance and Coinbase, as well as the implications for the crypto industry and all government agencies. They are then joined by Kurt Hemecker; COO of the Mina Foundation, the public benefit corporation serving the Mina Protocol, to discuss a different area of regulation; artificial intelligence governance. 

Topic Links:

SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation Allegations

SEC Sues Coinbase on Unregistered Securities Exchange Allegations

U.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's Gensler

What AI Governance Can Learn From Crypto’s Decentralization Ethos

Summary List:

The suit against Coinbase is different from other cases.

Comprehensive complaint against Binance.

How the industry is reacting to this complaint.

Introduction to Mina Foundation and the MINA protocol.

Mina, a layer one blockchain using zero-knowledge technology.

The rise of AI and the importance of governance.

Ethics and bias in voting- AI. 

Are we seeing a deep fake on Twitter? 

Proving humaneness on the blockchain.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Unfair regulators are pushing crypto innovation out of the country. Today on “Markets Daily,” we hear from a builder who sees the writing on the wall.

Featured Story: An opinion piece by Derek Boirun, titled: "Why I’m Leaving the U.S."

This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by PayPal.

The most valuable crypto stories for Tuesday, June 6, 2023.

"The Hash" tackles today's hot topics: SEC chief Gary Gensler says the U.S. doesn’t need any more digital currency as his agency sues Binance and Coinbase for operating unregistered securities exchanges. Altcoins listed in the SEC's lawsuit against Coinbase are tanking. Apple unveiled its first mixed-reality headset 'Vision Pro.' Life insurance company Meanwhile Insurance Bitcoin (Bermuda) said it raised $19 million to develop an artificial-intelligence (AI) aided bitcoin (BTC)-denominated policy as it eyes an economy developing around the largest cryptocurrency.

See also:

U.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's Gensler

SEC Sues Coinbase on Unregistered Securities Exchange Allegations

Coinbase Traders Withdraw $600M in a Day Amid SEC Lawsuits

Coinbase Shares Slump After SEC Files Suit Against Company

Altcoins Dip Following Second SEC Lawsuit Against Crypto Exchange

Apple's New Headset Could Change the Way We Design the Metaverse

Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding

PayPal provides a secure and convenient platform for converting dollars into crypto. Start exploring new web3 applications with peace of mind knowing that PayPal has your back. Buy, Sell, Hodl, Transfer, Send, and Checkout with Crypto. All with PayPal. Get started today at PayPal.com/crypto.

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This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Securities and Exchange Commission (SEC) hit two large U.S. crypto exchanges with multiple securities violations. “Markets Daily” takes a deeper look.

Today's Stories: 

SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations

SEC Sues Coinbase on Unregistered Securities Exchange Allegations 

Markets Links: 

BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch 

First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets

Crypto Traders Suffer $320M Losses in Liquidations as SEC Lawsuit Against Binance Spurs Market Plunge

This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week’s episode of “Gen C” features Ticketmaster EVP of Global Music David Marcus and Avenged Sevenfold Lead Singer Matt Sanders to discuss tokenized ticket experiences, deepening fan relationships and building infra for artists.

This episode is sponsored by Chainalysis, PayPal and WineChain.

Avenged Sevenfold won MTV’s best new artist award in 2006, has released eight studio albums, counts millions of monthly fans on Spotify, has been nominated for Grammy awards and are some of the most forward thinking mainstream musicians in Web3. Avenged worked with Ticketmaster to tokengate their ticket-buying experience and are helping to build tooling for any artist to directly connect and leverage fan relationships with NFTs. Ticketmaster itself has tokenized experiences from The Super Bowl to Imagine Dragons and continues to build rails for artists to plug into to enable digital collectibles for live events. David Marcus from Ticketmaster and Matt Sanders from Avenged Sevenfold join Avery and Sam to discuss fandom and live events in a Web3 world.

Links mentioned from the podcast:

• Doodles x Camp
• Formula 1 Tries NFT Ticketing
• Matt Sanders (M. Shadows) on Twitter
• David Marcus on Twitter
• Ticketmaster Launches Digital Collectibles
• Avenged Sevenfold on Spotify

Follow us on Twitter:

• Sam Ewen
• Avery Akkineni
• CoinDesk
• Vayner3

From our sponsor:

Web3 offers budding opportunities for brands to create more value for their customers, engage fans and build immersive communities. But that doesn't come without its risks. Chainalysis helps Fortune 500 brands better understand and manage the risks in Web3 through proactive assessments on chain monitoring, investigations, training and more so that they can focus on building a roadmap for long-term growth. Learn more about how Chainalysis can help your company grow in Web3 at www.chainalysis.com/genc.

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PayPal provides a secure and convenient platform for converting dollars into crypto. Start exploring new Web3 applications with peace of mind knowing that PayPal has your back. Buy, sell, HODL, transfer, send and checkout with crypto. All with PayPal. Get started today at PayPal.com/crypto.

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WineChain revolutionizes fine wine as an alternative asset class on Polygon. Top wineries mint rare cuvées as NFTs backed by physical bottles, tradable on our marketplace. Experience unmatched liquidity and seamless storage and shipping. Create your account at winechain.co to access our most exciting drops of the summer!

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"Gen C" features hosts Sam Ewen and Avery Akkineni, with editing by Jonas Huck. Executive produced by Jared Schwartz and produced by Uyen Truong and Eleanor Pahl. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by PayPal

The most valuable crypto stories for Monday, June 5, 2023.

"The Hash" unpacks today's top stories moving the crypto markets: The Securities and Exchange Commission (SEC) sued crypto exchange Binance and its CEO Changpeng "CZ" Zhao on allegations of violating federal securities laws Monday. Meanwhile, Richard Teng has been appointed to oversee Binance’s regional markets outside the U.S. Plus, centralized storage and wallet service Atomic Wallet was drained of nearly $35 million worth of various tokens. And, Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador.

See also:

SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation Allegations

El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine

Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange

PayPal provides a secure and convenient platform for converting dollars into crypto. Start exploring new web3 applications with peace of mind knowing that PayPal has your back. Buy, Sell, Hodl, Transfer, Send, and Checkout with Crypto. All with PayPal. Get started today at PayPal.com/crypto.

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This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Many large countries around the world, including Pakistan and Nigeria, suffer currency turmoil. Citizens are turning to crypto assets as a hedge.

Featured Story: An opinion piece by Noelle Acheson, titled: Why the Biggest Emerging Markets Are Turning to Crypto.

This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.