U.S. SECGov's Gary Gensler says crypto belongs in the securities world and will be regulated that way.
The agency’s decision to fold DeFi into a proposal for a new definition further underlines that the crypto movement won’t get tailored regulations.
The European Parliament approved MiCA, the EU’s crypto-assets framework, this week.
Forefront Advisers managing director and head of digital assets @deamarkova explores how MiCA will influence how non-EU states regulate digital assets.
Is Europe’s MiCA a Template for Global Crypto Regulation?](https://www.coindesk.com/consensus-magazine/2023/04/20/is-europes-mica-a-template-for-global-crypto-regulation/))
Formally enacted Thursday, the EU’s Markets in Crypto-Assets Regulation is the most comprehensive framework of its kind. How will it influence how non-EU states regulate digital assets?
"A healthy retest of the support zone between $25K to $27K is a positive sign for a continued move up," says Joe DiPasquale, CEO of BitBull Capital.
First Mover Asia: What's Next After Bitcoin's Retreat](https://www.coindesk.com/markets/2023/04/24/first-mover-asia-whats-next-after-bitcoins-retreat/))
ALSO: CoinDesk columnist David Morris writes that Taylor Swift's avoided the embarrassment of striking a business deal with embattled crypto exchange FTX by reportedly asking the type of common-sense questions that should be part of any business negotiation.
China has been making efforts to internationalize the yuan and increase its use in global trade and investment
it still has a long way to go to catch up with the euro and the yen in terms of international status and liquidity.
If the yuan is going to topple the dollar, it will have to get past the euro and the yen first
The Dollar’s Demise May Come Gradually, But Not Suddenly](https://www.bloomberg.com/opinion/articles/2023-04-23/dollar-may-fall-to-yuan-crypto-but-not-soon-niall-ferguson))
Rumors of the death of the US currency are as exaggerated as they are frequently repeated.
Some crypto analysts are projecting Bitcoin will top $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens
Bitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000](https://www.bloomberg.com/news/articles/2023-04-23/bitcoin-btc-halving-in-2024-spurs-predictions-of-rally-past-50-000))
Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.
Celsius attracted two new bidders in a three-way auction set for Tuesday, according to a filing by Kirkland & Ellis, which is overseeing the crypto lender's bankruptcy
Failed Crypto-Lender Celsius Auction Attracts Arrington, Gemini](https://www.bloomberg.com/news/articles/2023-04-23/failed-crypto-lender-celsius-auction-attracts-arrington-gemini))
Failed crypto lender Celsius Network Ltd. has attracted two new bidders in a three-way auction set for Tuesday, according to a Saturday filing by Kirkland & Ellis, which is overseeing the bankruptcy.
A former US Secret Service agent supported anonymity for creditors in the FTX bankruptcy because of risks from the criminals who stalk the cryptocurrency sector
Former US Secret Service Agent Cites Crypto Crime to Back Anonymity for FTX Creditors](https://www.bloomberg.com/news/articles/2023-04-21/ex-us-secret-service-agent-backs-ftx-creditors-anonymity-on-crypto-crime-risk))
A former US Secret Service agent who specializes in probing financial cybercrime supported anonymity for creditors in the FTX bankruptcy because of risks from the criminals who stalk the cryptocurrency sector.
The vast majority of investors think the dollar will fall further as they bet the Fed will pivot to cutting interest rates, a Bloomberg survey shows
Four Reasons Why Investors Expect US Dollar to Keep Sliding](https://www.bloomberg.com/news/articles/2023-04-24/four-reasons-why-investors-expect-us-dollar-to-keep-sliding))
Professional investors see the dollar sliding even further from last year’s two-decade highs, as the market has underpriced the Federal Reserve’s oncoming easing cycle.
