CoinDesk

Caroline Pham, a member of the Commodity Futures Trading Commission (CFTC), has suggested the creation of a limited pilot program to regulate cryptocurrencies. Pham believes that the U.S. watchdog for derivatives markets should explore options for regulating digital currencies.

The U.S. accounting standards board has unanimously voted in favor of implementing fair value accounting for crypto assets on corporate balance sheets. The new accounting rule will require companies to measure certain digital assets based on their market trading value.

Erik Anderson from Global X discusses the changing landscape in the Crypto for Advisor newsletter, sharing insights on how advisors can adapt to support the next generation of investors.

Sen. Bill Hagerty (R-Tenn.) expressed his frustration with U.S. SEC Chair Gary Gensler for hindering crypto innovation. Hagerty criticized the regulator's approach to cryptocurrencies and anticipated a backlash from lawmakers as Congress reconvenes.

Companies can apply to delay some aspects of bans on aggressive marketing until January.

A firm is looking to fill the gap in the crypto derivatives market left by the collapse of FTX in November.

OpenCover, a startup that recently raised $4 million in a seed round, has received an additional $200,000 funding from Coinbase to support its launch on Base.

Companies like Coinbase, Circle, and Aave are working together to promote the use of blockchain technology for traditional assets.

The International Organization of Securities Commissions (Iosco) has expressed concerns about decentralized financial applications, citing potential harm to investors and markets. They also cast doubt on the main premise of these applications.

A new report suggests that incorporating AI and DLT into business models may require a substantial investment initially, but can help lower expenses and improve market liquidity over time.