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FASB’s Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue

The U.S. accounting standards board yesterday unanimously voted in favor of “fair value” accounting for crypto assets held on corporate balance sheets.

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Author: Stephen Alpher

Binance Boosts Bitcoin, Ether Trading in Argentine, Brazilian, South African Currencies With Fee Promotion

The crypto exchange’s promotion comes as trading volumes plummet to four-year lows, hurting the revenue streams.

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Author: Krisztian Sandor

Back to School: Supporting the Next Generation of Investors

How will advisors adapt to support the next gen investor? Erik Anderson from Global X takes us through the changing landscape in today’s Crypto for Advisor newsletter.

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Author: Sarah Morton, Erik Anderson

SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator

Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation during a speech on Thursday.

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Author: Jesse Hamilton

UK Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules

Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.

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Author: Jack Schickler

Crypto Exchange Kraken’s UK Derivatives Unit Looking to Expands Its Service: Bloomberg

The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November.

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Author: Jamie Crawley

Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base

OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.

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Author: Ian Allison

Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg

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Author: Nick Baker

Tokenization Advocacy Group Wants to Bring the ‘Next Trillion’ of Assets to Blockchain

Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets.

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Author: Krisztian Sandor

First Mover Americas: Crypto Trading Volume Hits 4-Year Low

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Jamie Crawley, Omkar Godbole


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