State of Crypto: Shutdown Watch

Some of crypto’s momentum in Washington D.C. has stalled, a situation that may become worse if the U.S. government shuts down next week. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Slowing but not stopping The narrative The U.S. … Read more

Can Google be trusted without a break up?

On day three of the two-week remedies trial in the Justice Department’s ad tech case against Google, Judge Leonie Brinkema boiled down the argument to one key issue: trust. Brinkema interrupted testimony from a DOJ expert with a hypothetical: should she issue a strict order modifying Google’s behavior, could it resolve the issues at hand … Read more

Corporate Clients Hold Up to 15% of Assets on Mercado Bitcoin, Exchange Exec Says

Corporate clients, mainly small and medium enterprises, account for between 10% and 15% of all assets under custody on Mercado Bitcoin, Brazil’s largest crypto exchange, according to Daniel Cunha, the firm’s head of corporate development. “These companies barely move more than 10% of their holdings at any given time,” Cunha told CoinDesk in an interview … Read more