CoinDesk hosted its annual Consensus conference in Toronto this week. It was busy, to put it mildly.
Youre reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrenc… [+5322 chars]

Thousands of crypto folks descended upon Canada to talk shop.

CoinDesk

State of Crypto: Consensus Toronto 2025 Reg Highlights

Despite recent setbacks, U.S. legislation to regulate stablecoin issuers may be heading toward debate and passage next week, according to the backers of the bill known as the "Guiding and Establishin… [+3316 chars]

Senator Bill Hagerty, who backed the Senate's version of the legislation, predicted the body will "make history" next week by passing the bill.

U.S. Stablecoin Bill Could Clear Senate Next Week, Proponents Say

The latest draft of the U.S. Senate's stablecoin legislation includes enough changes that Democratic senators may now have an easier time getting back on board, though consumer advocates say it still… [+3405 chars]

A legislative draft obtained by CoinDesk shows a marginally revised version despite Democrats citing "major victories" in the Senate negotiation.

Senate's New Stablecoin Draft Doesn't Target Trump's Crypto, Tweaks Big-Tech Approach

Ethereum co-founder Anthony Di Iorio shared Thursday that he thinks the blockchain wasnt necessarily meant to be a competitor to Bitcoin, but rather it was meant to be an alternative.
Speaking to a … [+1322 chars]

At Consensus 2025, Ethereum co-founder Anthony Di Iorio reflects on the blockchain’s early days.

Ethereum Meant To Be Alternative, Not Rival to Bitcoin: ETH Co-Founder Anthony Di Iorio

ADA's Charles Hoskinson wants cryptos tribal warfare to end, and hes prepared to drop tokens on 37 million wallets across eight different blockchains to make peace.
"Every Consensus, there's a new t… [+2539 chars]

Hoskinson said being rich lets him ignore VCs and “do [stuff] on principle” like giving away Midnight tokens in a massive multi-chain airdrop to retail users only.

Cardano’s Hoskinson Rejects Crypto Tribalism, Reveals Fresh Details on Massive ‘Glacier Drop’

Messaging app Telegram has closed thousands of channels belonging to suspected Chinese crypto-crime marketplaces after new research shed light on the situation, according to Elliptic.
The closure fo… [+3768 chars]

Illicit marketplaces are a key part of the growing global cyberscams industry, with Southeast Asia being among the hubs for such activity.

Telegram Cracks Down on Suspected $8B Chinese Crypto Crime Marketplace Set Up in Colorado

Bitcoin (BTC) has changed a lot in four years, distancing itself from shady centralized entities like FTX and emerging as the plat du jour among institutional investors. However, this months drive ba… [+4007 chars]

Several on-chain metrics are pointing toward waning momentum as bitcoin attempts to reach its January record just above $109,000.

Bitcoin May Be Headed Towards a 2021-Like Double Top

When real-world assets (RWAs) finally became the crypto industry's narrative du jour, Sunny Lu, the founder and CEO of VeChain, could only smile.
I mean, we were doing this back in 2017, Lu told Coi… [+4101 chars]

At Consensus Toronto, VeChain is debuting new infrastructure that combines RWAs, AI agents, and NFT staking to make crypto usable by everyone.