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Tether Scores Second-Lowest Rank in S&P Global Stablecoin Stability Assessment

USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.

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Author: Camomile Shumba

FASB publishes new crypto rules that will let firms use fair-value accounting

The Financial Accounting Standards Board has published long-awaited standards it says will improve disclosure of certain crypto assets.

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Author: Nathan Crooks

Argentina’s Milei, So Far Shunning Bitcoin, Devalues Peso by More Than 50%

The government’s official rate is now 800 pesos to the dollar versus 400 previously.

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Author: Stephen Alpher

Turkey’s Banking Giants Go Big on Crypto as Legislation Looms

This week, two of the country’s largest banks announced crypto initiatives.

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Author: CoinDesk Staff

Coinbase’s international arm adds spot trading for non-US institutions

Top U.S. cryptocurrency exchange continues to advance its interests in capturing part of the global trading market.

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Author: RT Watson

NodeKit closes $1.2 million pre-seed round to build Avalanche-based network for rollups

NodeKit’s SEQ is a shared sequencer Layer 1 network designed to give a wide range of rollups more robustness and interoperability.

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Author: Vishal Chawla

Coti plans expansion to Ethereum ecosystem with Layer 2 network

Cardano-focused development firm Coti plans to launch an Ethereum Layer 2 in an upcoming upgrade scheduled for release in 2024.

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Author: Vishal Chawla

First Mover Americas: Revised BlackRock Bitcoin ETF Filing Invites Participation From U.S. Banks

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Lyllah Ledesma

Blockstream to launch series 2 of Bitcoin-denominated investment vehicle

Blockstream is set to launch a second series of the Blockstream ASIC (BASIC) Note, following oversubscription.

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Author: James Hunt

Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices

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Author: Jamie Crawley


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